Chart Industries Inc (GTLS) Q1 2019 Earnings Call Transcript — The Motley Fool | Spray Tube 3/4 Inch

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Britain plans to generate a third of its electricity from offshore wind farms by 2030 and boost the value of exports of offshore wind services and equipment to 2.6 bn pounds ($3.4 bn) a year, the government said. Britain, which aims to lift industrial productivity as it leaves the European Union, is the world’s biggest offshore wind market with almost 40 percent of global capacity. On and offshore wind turbines met 17 percent of UK power needs in 2018. Under the initiative, the government said it would encourage companies to invest 250 mn pounds in expanding production of wind power equipment so 60 percent of content for British offshore wind power projects were domestically produced by 2030. Britain now has total installed wind power capacity of 20 GW, with offshore wind farms accounting for 8 GW. Offshore capacity will reach 30 GW by 2030 under the plan. The country also hosts the world’s largest wind farm, Orsted’s 659 MW Walney Extension project, with 87 turbines, some of which can generate 8.25 MW each. Britain aims to close coal-fired power stations by 2025, as it seeks to cut greenhouse gas emissions. To help fund wind projects, Britain has said it would hold subsidy auctions, offering so-called CfDs, every two years into the 2020s. CfDs guarantee generators a minimum price for renewable electricity. Contracts worth 60 mn pounds will be auctioned in May. Innogy and SSE are among companies that have said they will bid.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Smithfield foods acquired Farmer John in 2016. In a statement, the company said it respects that the group can express its views, and that the vigils do not impact operations.

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Industry body ASSOCHAM welcomed the Union Cabinet’s approval of a national policy for hydropower announced. Hydropower is the cleanest form of renewable energy having a multitude of benefits including lowest lifecycle cost per kWh. With the highest ramping rate, it is critical for reintegration and shaping intra-day and seasonal dynamics. The much-awaited policy shall provide a fillip to hydropower as also aid financial closures for several stranded hydropower projects in the country. ASSOCHAM recommendations cited are hydro projects regardless of nature & capacity should be treated as ‘renewables’. The requirement for long tenure debt availability and hydro-purchase obligation required for PPAs and financial closures for stranded projects. Hydro cost could be competitively provided it is treated at par with other renewable (solar and wind). Hydro should be considered as a compulsory ancillary for any other energy mix. HPO with Cost Plus until 2030 OR Bundling of such selected hydropower with renewable/ others to make it more viable/lucrative for discoms to buy. Government of India can also mandate a separate hydro purchase obligation under tariff policy. Further a higher forbearance price of Rs2/kWh. The state government is to be provided 12 percent of free power as royalty from any Hydro Power Project to be developed in the state. Alternatively, deferment of free power share for at least initial years of repayment of the loan period.

The front staircase also rises to a third level, where the catwalk leads to a carpeted office with built-in bookshelves and a full wall of glass.

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As for the second advances to make our production, full grain output is expected to come down marginally by 1% to 281 million tons. CSO estimates the agriculture and the life segment GVA for ’18, ’19 to be moderated to 2.7% after recording 5% growth in 2017-’18.

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Root rot starts because of poor drainage; soils are full of water, and root rot diseases love continuously wet soil. It will never happen because of giving the plant too much water, only because water is applied too often.

Bharat, if you look at Coromandel’s portfolio over a period of time, we were having a lot of generic molecules and some of these generics were also really old. So consciously, it’s a part of shifting the product portfolio. Company has been looking into acquiring and developing technical expertise for the off-patented, relatively newer molecules. So this, we believe, should become a good share in our overall product portfolio. This year, for instance, all our new products that were introduced have given us a revenue of about INR 70 crores or — INR 70 crores, INR 80 crores. So the intent is to continuously focus on new-generation combination molecules to add substantially into the portfolio. If you ask me a number, it might be difficult to share. But directionally, this is what we are looking at as a strategy.

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“If you lived here before, you’d remember there’s actually no way to get from third floor Bean West to third floor Bean East,” Project Engineer Will Mau said. “You basically had to go downstairs and around the outside of the building, which safety-wise, wasn’t the most desirable thing.”


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