Orissa High Court ne Vedanta ki us appeal ko reject kar diya hai jisme company 2004 ki purani bauxite supply deal ko revive karna chahti thi. Ab company ko market-linked pricing par jana hoga, jisse production costs badhna tay hai.
Court ka faisla aur Vedanta ki mushkilein
Orissa High Court ne saaf kar diya hai ki Vedanta Ltd ab Odisha Mining Corporation (OMC) ke saath us purani 2004 wali bauxite supply agreement ka fayda nahi utha sakti. Court ne kaha ki mining laws mein badlav ke baad ye puraana formula ab valid nahi raha. Iska seedha matlab hai ki ab Vedanta ko market-linked rates par hi raw material kharidna padega.
Lanjigarh refinery par kya asar?
Vedanta ki Lanjigarh alumina refinery ke liye ye deal ek lifeline ki tarah thi, jisse unhe saste bauxite milte the. Ab jab ye shield hat gaya hai, toh company ko market se bauxite lena hoga jo kaafi expensive hai. Ye extra cost seedha company ke Profit Margins par pressure dalega.
Mehengai aur bidding ki ladai
Company ab naye sources dhoondh rahi hai. Unki subsidiary BALCO ne haal hi mein Odisha mein Karlapat bauxite block ke liye 175% auction premium par bid jeeti hai. Ye dikhata hai ki mineral security ke liye company ko kitna zyada paisa kharch karna pad raha hai.
Investors ke liye alert
Aage aane wale quarterly results par nazar rakhna zaroori hai. Sawal ye hai ki kya Vedanta apni operational efficiency badha kar ismehengi bauxite ki cost ko adjust kar payegi, ya fir bottom line par aur hit aayega. Sijimali project jaise mamlon mein bhi regulatory updates par nazar rakhna zaroori hoga.