Pellet prices rise 18 percent in the last 15 days, says Sarda Energy

“Pellet capacity is 600,000 tonnes and we are producing full 600,000 tonnes. We have an iron ore capacity which is 500,000 tonne, which comes to us from our own captive mines and the coal we are having our linkages, which is to the tune of 70 percent of our requirement,” he further mentioned.

In terms of debt, he said, “Our long-term debt on our group is around Rs 1,400 crore and we are going to go as per our schedule of repayment. We are not doing any early repayments of the debt and out of this debt, Rs 550 crore is for ongoing expansions, which are happening right now.”