https://twitter.com/Nigel__DSouza/status/1609791776717701121?t=8Dj5Mx7rnTeh6E1gdtvLzw&s=19
Pellet Prices increased to ₹9200-9300/tn vs ₹7500/tn pre export duty removal
₹1000cr capex will be incurred via internal accruals
Selling 90% of production in domestic market, will review this in Feb
Abhishek was confident with pellet prices sustaining at this level going forward, they will be able to fund the steel plant capex of ₹2000cr through internet actually fully! And in parallel. Pretty strong commentary from GPIL.
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