GPIL has 0 royalties to be paid on Iron ore mines. As it is in the old mining regime. Likes of Jsl and JSPL have to pay through the nose at these auctions, and continue royalties which are at 100% Premium. Which gives a natural advantage in being a low cost producer.
Ebitda per tonne will likely be close to 10,000 rs and at peak this capex can add 1800 crores of Ebitda assuming 90% Utilisation of the steel plant.
Disclaimer: No recommendation to buy or sell.
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