Hardik Jain

Yes, good evening, sir. Thank you for the opportunity. Sir now we have two subsidiaries, CIL Solar PV Limited and CIL Navikarniya Urja Limited. So how much capital are we planning to infuse in the subsidiaries over the next two to three years? And what are our capex plans there over the next two to three years in these two subsidiaries?

Okay. So this, say, over the next four to five years, if we have to do this 3,000 megawatt solar projects into two subsidiaries, which will be broadly around INR15,000 to INR 18,000 crores just in solar, where equity contribution will be around, say, 30%, INR5,000 crores, INR6,000 crores, INR7,000 core. And rest will be, I think subsidiaries will take the debt for the capex, right?

Right. Okay. And sir, in the annual report, you mentioned that our production target for FY'25 is 840 million tons. So for next year, what will be our FSA commitment? So what I understand is, as we incrementally increase our production, our proportion of e-auction will increase or our quantity of e-auction -- the quantity that we offer for e -auction should increase over and above our FSA commitment?