Just wanted to get a sense about this INR21 billion or INR2,100-odd crores order. So just to get it right, we would be providing servers and not cloud, right? Or would it be cloud also to government PSUs and departments who can then take it up at $3 per hour or $2.5 per hour something like that?
Okay. So we would be providing cloud services as well on top of...
The first question is just a bit of sense on the INR686 crores or INR625 crores provision or kind of a one-off from the prior periods that we're talking about. That comes into revenue also, right? Or does it lower your expenditures? The reason I'm asking is if I adjust for it, your NSR kind of fell on a Q -o-Q basis. M aybe I have to adjust for volumes also from NMDC Steel, but on a topline basis, it seems NSR fell if I adjust for these revenues. Is that the right understanding?
Okay. So sir, NSR fell on a Q -o-Q basis because of this, if I just -- at a root base number from...
Hi, sir. Congrats on a good set of numbers. The first question is largely, if you can elaborate a bit further on the EMIL mining acquisition and also the note about getting an offer about Novelis Fairmont sale.
And about the Novelis Fairmont?
Hi, thanks. So Mr. Pai, just a question on alumina itself, did we see a flat kind of a price in this quarter on a Q-on-Q basis for sales, because the EBITDA improvement that we are seeing adjusted for the provision of Rs. 97 crores coming in business? Kind of feel like-to-like movement of the change in selling price of aluminum like $200, would have expected that because we are selling alumina and alumina prices were significantly higher in this quarter, the impact of it would have come a bit more. So, for us the transfer pricing or sales pricing for alumina was flat on Q-on-Q basis?
Understood. And the second question is lastly on Novelis. So hypothetically, my understanding is that, even if the assumptions are not there, the tariffs are largely neutral for us, right, because the Midwest premium would remain high in that case. Is that the right understanding that even if there are lower tariffs are neutral for us, apart from near term disruptions or noise around it?
Congrats on a decent set of numbers. Just one - my first question is largely on the finished steel post expansion. I think the number earlier used to be 13.75 million ton, now it has gone up to 14.45 million ton. So, what is driving difference here? Is it ASL? So, I'm not sure if you heard the question. So, I was referring to Slide #5, where finished steel, we are saying is going from 7.25 million tonne to 14.45 million ton. This number earlier used to be 13.75 million ton. I'm not sure if I missed anything, but what's driving this difference here?
Sure. Am I audible now?
Just wanted to clarify, when sir said that there is a price hike of Rs. 1, 000 to Rs. 2,000, that is post the quarter end, or are we calling for a higher, this much higher ASP versus the 2Q average?
So, if you don't take any further price hikes, the 3Q would largely be Rs. 1,000 to Rs. 2,000 per ton higher than 2Q. That would be the correct understanding.
Hi, Sir. So, just wanted to get a sense about the various diversification projects that we have been talking about. I think the first one to come was OB to Sand - Phase I, II, and III. Have we started any pilot projects there, or any kind of research studies, or are they still a few years away for us? And the same goes for critical minerals, so far 1 million tons that I think was our vision. How do we stand there?
Thank you, sir. Anything on green hydrogen or battery energy or they are still quite far away?
So, the first question was largely on the Jajang mine itself. So, is there any law in the act that once a mine is given, and let's say, hypothetically, if a re-auction is happening, the prior winner cannot bid for it again or they can bid for it again?
Yes, assuming that you know if it's economical, let's say, 120, 130% and it's like 40% to 50%.
Hi, sir. Thanks for the opportunity and congrats for the set of numbers. Great, great, sir. So just to get this clarity here, you said that around 100 crores per megawatt of capex per megawatt in cloud, these INR 100 crores is on top of the co-location capex, right? Which is around INR 25 crores to INR30 crores for us.
Got it, sir. So mainly, capex would be the servers, right? The ones you install there.