Latest news with #EPC
Korea Herald
a day ago
- Business
- Korea Herald
Opposition party denounces Chinese participation in Korea's offshore wind project
The main opposition People Power Party on Tuesday condemned China Energy Engineering Corporation's participation in Korea's offshore wind power plant project in the West Sea, raising concerns over possible security threats. 'According to a media report, China's state-run company CEEC is taking part in the 365 (megawatt) wind power project in the waters of Yeonggwang in South Jeolla Province,' said People Power Party spokesperson Lee Jun-woo. 'China's entrance into our domestic offshore wind power sector is a very grave issue as it is directly related to security threats on top of simply plundering our industrial sovereignty.' The spokesperson noted that China's participation in the project could lead to a leakage of Korea's routes and information on its ships, submarines and flights through the high-precision sensors attached the cables, turbines and blades used for offshore wind power projects. The media report, which Lee cited, said on the previous day that CEEC had announced its participation in the engineering, procurement and construction, or EPC, project of Korea's 365 MW offshore wind power development through a consortium. The announcement included that the size of the contract was about 2 trillion won ($1.4 billion). 'If the Chinese state-run energy firm's invasion into Korea becomes reality, the Democratic Party of Korea's administration will have to be held accountable for letting China eat away at our future industry and security,' said Lee.
The Print
a day ago
- Politics
- The Print
Siddaramaiah writes to PM Modi, alleges Gadkari's Shivamogga event was breach of protocol
He said the ministry's proceeding with the programme, despite the state's disagreement, amounts to 'sheer arbitrariness and defies the very spirit of co-operative federalism.' Union Minister for Road Transport and Highways Nitin Gadkari on Monday inaugurated or laid the foundation of various infrastructure projects, including the Sigandur bridge in Shivamogga. In his letter, the Congress leader claimed that the programme was held by the Union Ministry of Road Transport and Highways in Sagara taluk of Shivamogga, without consulting the state government, and his name was mentioned on the invitation card without any prior notification. Bengaluru, Jul 14 (PTI) Karnataka Chief Minister Siddaramaiah, who boycotted the inauguration of India's second-longest cable-stayed Sigandur bridge in Shivamogga, on Monday wrote to Prime Minister Narendra Modi, alleging a serious breach of protocol by the Centre. The event was boycotted by Siddaramaiah and his cabinet. He said he also spoke to Gadkari on July 11 after he came to know about the programme and even urged him to postpone it, given his prior commitment in the Indi taluk of Vijayanagara district. He claimed that though the minister then agreed to postpone the event, it still went underway on Monday, as advertised. 'I wish to draw your (PM) kind attention to the foundation stone laying function and dedicating 9 National Highway Projects of total length of 88 km with an investment of more than Rs 2000 crore, held on July 14 by Ministry of Road Transport and Highways in Nehru Field, Sagara taluk, Shivamogga district,' Siddaramaiah said in his letter to Modi. He said the ministry violated the protocol by not consulting the state before the programme, printing the name of an ex-chief minister, BS Yediyurappa, before the names of Deputy Chief Minister D K Shivakumar, Speaker of Karnataka Legislative Assembly U T Khader Fareed, and Chairman of State Legislative Council Basavaraj Horatti. 'The Government of Karnataka places on record its protest against such non-cooperative action. I do hope that all Central Ministries will be strongly advised to refrain from such discordant acts in future,' he added. The chief minister said that the construction of a major bridge (Sigandur bridge) across the Sharavathi backwaters and approaches between Ambargodu and Kalasavali on NH 369E on EPC mode was originally conceptualised by the state government in 2013, and subsequently implemented by the Centre. He also claimed that, since, as per the technical report, the project is not yet complete, the programme should not have been conducted. PTI KSU VN VN This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Powys County Times
2 days ago
- Business
- Powys County Times
How to add £100k plus to your property before evaluation
The housing market in the UK can be a difficult thing to navigate, but there are a few ways to increase the value of your home before evaluation. Some of these changes might be more involved and cost more money than others, but should offer benefits down the line. A few home improvement specialists have offered their advice on what to add to a home to improve its value. All price elevations are calculated based on the average England property price according to the ONS, which as of February 2025 (most recent data), is £292,000. How to add £100k plus to your property before evaluation Spot renovations (£9,000) Low-cost fixes to draughts, surfaces, doorways and windows can help add a small boost to your property's value. Fixing up the bathroom, especially when it comes to improving your grouting, tiling, and mould, can also help. Josh Jinks, Brand Manager at UltraTile, explains: "Prospective homeowners don't want to feel like they might have to deal with damp or failed grouting - left unattended, that can create a much bigger job further down the line, so using reliable waterproofing and tanking kits will be vital. Basic spot renovations can add up to 3.1% sale value on a property, which works out at £9,052 for the average-priced home. Boost kerb appeal (£14,600) Cleaning up your property's exterior can offer some benefits, as it will provide the first impression for buyers. Kevin Brown, aluminium windows renovation specialist from The Heritage Window Company, says: 'Timber windows, most noticeable in older properties, are particularly prone to weather damage over time and will be in dire need of cleaning, glazing and or repainting. 'Don't forget the driveway, either. Block paving in driveways will likely require a good pressure wash, cleaning away the moss, algae and grime build-up of the past few years." In total, a well-maintained property exterior can add 5-7% value to a home, resulting in a minimum average of £14,600 value-added. Increase bedroom storage (£29,200) Improved storage space, and bedroom storage in particular, can add significant value to your home, according to Greg Carlisle from The Sliding Door Wardrobe Company. He explains: 'Fitted bedroom wardrobes can increase property value by 10%, as well as help to sell a property quicker once it reaches market. "If you go into any newbuild property in 2025, you'll find some sort of fitted storage solution, whether that's a walk-in wardrobe, understairs storage or integrated cupboards – and this added value is exactly why.' With a potential added value of up to 10%, you can expect fitted bedroom storage to add up to £29,200 to your home. Improve your EPC rating (£8,760–£57,232) Improving the energy efficiency certificate attributed to your home will likely be the most costly investment, but should reap rewards. This could include fitting double-glazing (or secondary glazing for older properties affected by planning permission) or draught-proofing the loft. Kevin Brown explains: 'Upgrading your property from a D to a C rating costs £5,500 on average, resulting in added value of 3% or £8760. "A more dramatic upgrade, from G to C for example, can see increased value as high as 19.6% or £57,232.' Recommended reading: Improve your garden (£58,000+) Gardens add incredible value to your home through substantial but relatively low-cost changes. Chris Cooper, lawn specialist at Hayter, explains: 'A well-maintained and landscaped garden can add up to 20% to your home, dramatically improving the final evaluation. "To achieve a well-sculpted look quickly, you must start by making sure your lawn is neatly cut, weeded and well-presented with a planted border. 'Make sure you leave a minimum of one-third of your grass height to keep the lawn healthy, and in summer, make sure to mow every 1-1.5 weeks if the weather is especially warm."
Time of India
2 days ago
- Business
- Time of India
Top stocks to buy: Stock recommendations for the week starting July 14, 2025
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting July 14, 2025) are Suzlon, and Glenmark Pharma. Let's take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Suzlon 66 82 24% Glenmark 2175 2430 12% Suzlon Suzlon new order outlook remains healthy with expected order inflow of ~4GW in FY26, including potential ~1.5GW NTPC orders, which implies total potential OB of ~6.5GW by FY26 end. EPC share is likely to rise from 20% now to ~50% in the medium term, improving execution visibility. Revised list of Models & Manufacturers (RLMM) mandating local content for key components in wind turbines is likely to be formally adopted in 2QFY26. Gradual Inter-state transmission system (ISTS) waiver phase-out will support smoother project execution. Suzlon stands to benefit from proactive land acquisition and EPC expansion initiatives. Cash conversion cycle is expected to improve by 30-35 days which will enhance balance sheet strength & generate higher free cash flow, supporting sustainable RoEs. Glenmark Pharma Glenmark's subsidiary Ichnos Glenmark Innovation (IGI) has signed an exclusive licensing agreement with AbbVie, a diversified biopharma leader, for its oncology product ISB-2001, validating clinical & commercial potential of IGI's BEAT® protein platform. The $700m upfront—world's 4th largest payment—along with $1.2b in milestones, boosts R&D monetization. Tiered double-digit royalties offer annuity income, while ANDA pipeline expansion & domestic reset further support growth. AbbVie will commercialize ISB-2001 in developed markets, while Glenmark retains rights in emerging markets. Improved leverage and a domestic reset underpin 11%/17%/20% sales/EBITDA/PAT CAGR over FY25-27. We add INR470/share NPV to arrive at a TP of INR2,430, supported by its pivot toward innovation-led growth. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Glasgow Times
2 days ago
- Business
- Glasgow Times
How to add £100k plus to your property before evaluation
Some of these changes might be more involved and cost more money than others, but should offer benefits down the line. A few home improvement specialists have offered their advice on what to add to a home to improve its value. All price elevations are calculated based on the average England property price according to the ONS, which as of February 2025 (most recent data), is £292,000. How to add £100k plus to your property before evaluation Spot renovations (£9,000) Low-cost fixes to draughts, surfaces, doorways and windows can help add a small boost to your property's value. Fixing up the bathroom, especially when it comes to improving your grouting, tiling, and mould, can also help. Josh Jinks, Brand Manager at UltraTile, explains: "Prospective homeowners don't want to feel like they might have to deal with damp or failed grouting - left unattended, that can create a much bigger job further down the line, so using reliable waterproofing and tanking kits will be vital. Basic spot renovations can add up to 3.1% sale value on a property, which works out at £9,052 for the average-priced home. Boost kerb appeal (£14,600) Cleaning up your property's exterior can offer some benefits, as it will provide the first impression for buyers. Kevin Brown, aluminium windows renovation specialist from The Heritage Window Company, says: 'Timber windows, most noticeable in older properties, are particularly prone to weather damage over time and will be in dire need of cleaning, glazing and or repainting. 'Don't forget the driveway, either. Block paving in driveways will likely require a good pressure wash, cleaning away the moss, algae and grime build-up of the past few years." In total, a well-maintained property exterior can add 5-7% value to a home, resulting in a minimum average of £14,600 value-added. Increase bedroom storage (£29,200) Improved storage space, and bedroom storage in particular, can add significant value to your home, according to Greg Carlisle from The Sliding Door Wardrobe Company. He explains: 'Fitted bedroom wardrobes can increase property value by 10%, as well as help to sell a property quicker once it reaches market. "If you go into any newbuild property in 2025, you'll find some sort of fitted storage solution, whether that's a walk-in wardrobe, understairs storage or integrated cupboards – and this added value is exactly why.' With a potential added value of up to 10%, you can expect fitted bedroom storage to add up to £29,200 to your home. Improve your EPC rating (£8,760–£57,232) Improving the energy efficiency certificate attributed to your home will likely be the most costly investment, but should reap rewards. This could include fitting double-glazing (or secondary glazing for older properties affected by planning permission) or draught-proofing the loft. Kevin Brown explains: 'Upgrading your property from a D to a C rating costs £5,500 on average, resulting in added value of 3% or £8760. "A more dramatic upgrade, from G to C for example, can see increased value as high as 19.6% or £57,232.' Recommended reading: Improve your garden (£58,000+) Gardens add incredible value to your home through substantial but relatively low-cost changes. Chris Cooper, lawn specialist at Hayter, explains: 'A well-maintained and landscaped garden can add up to 20% to your home, dramatically improving the final evaluation. "To achieve a well-sculpted look quickly, you must start by making sure your lawn is neatly cut, weeded and well-presented with a planted border. 'Make sure you leave a minimum of one-third of your grass height to keep the lawn healthy, and in summer, make sure to mow every 1-1.5 weeks if the weather is especially warm." Garden additions can also add significant value, including a garden office (7.55%), annexe (20-30%), sheds (5-10%) and more.
