Home Décor: Get Decoration Ideas, Tips And DIY On A Shoe-String Budget

 

It’s indeed true that people have an emotional connection with their home. After all, this is the place where you’ll be spending most of your time. You can ingeniously utilise the space within your house and add amazing decoration to create the perfect set up. Your concept could revolve around simple home décor ideas or even complex ones. While the placement and quality of the furniture is important, many overlook the fact that their blank walls can be employed for further embellishments. There are a plethora of home decoration items available in the market that’ll help you do the same. Let’s take a look at a few excellent tips that’ll assist you in enhancing the visual aesthetics of your residence:

Wallpaper

Most people seek out the perfect home decorating ideas on a budget, and this is certainly one of them. Wallpapers are extremely flexible with regards to installation and replacement. This is why they have become the preferred choice for many nowadays. They will render your living room attractive, irrespective of its size.

Wall of Memories

Everybody has a collection of memorable photographs that are dear to them. You can use them to adorn the walls of your corridors or even a staircase. If you’re a musician, you can decorate your jam room with posters of your idols. There is no need for extravagant frames as simple ones would do the trick.

Wooden Furniture

Extremely convenient and durable, wooden furniture is rapidly rising in popularity. Good-quality wood pieces don’t require too much maintenance and can easily be moved around. Their rustic look will be simple yet highly enticing. Employing this unique option will provide you with an effective and cost-efficient solution.

Gallery

Are you a lover of art or an artist yourself? Do you have a fancy collection of creative works? Then you can enrich the walls of your home by hanging those paintings or portraits, which will easily glam up your space. This will also help you maintain a mini art gallery right at home.

Soothing Landscape

The ambience of your bedroom should reflect its purpose. It should be a comforting and relaxing space. Use natural tones like greens and blues on the walls. If you wish to, you can use wallpapers that help you feel comfortable and at ease. The wall hangings in your room can either be inspirational quotes, pictures of your loved ones or simply a calming wall painting.

Bright Paint

Adding a fresh coat of colour is one of the easiest ways for you to add a little character to your décor. If you feel like bright walls all around might be a bit alarming, try adding a pop of red or a bright green to one wall in a room. This will be the focal wall in the room, and you can further embellish it with mirrors, shelves and other show pieces.

Best Curtain Materials

In India, the world is quite literally your oyster when it comes to selecting fabric for your curtains. You can opt for a simple cotton or even khadi instead of the all-too-common chiffon and satin offerings. It’s a good idea to pick curtains in colours that offer a good contrast to your walls.

Old Mirrors

A vintage mirror from an ancestral home could be the perfect accessory in your modern home. These gorgeous artefacts will add a classy touch to any room with their large reflective surfaces and ornate decorations.

Stone Cladding

Want to give your house an ancient look? Then, cladding a certain section of your house with stone tiles is the perfect solution for you. This concept will be ideal for your living or dining room.

Chandelier

What better way to beautify your dining or living room than by installing an enamouring chandelier. You can also settle for lanterns if you’re specifically looking for home décor ideas for small homes. By employing these solutions, you’ll be killing two birds with one stone as they’ll serve the dual purposes of lighting and beautification.

Swing

This is another traditional aspect that is common to many old-fashioned Indian houses. They form an integral part of many rural homes and are an absolute visual delight. A wooden swing will greatly augment the look of your living room and veranda. Plus, they provide the perfect spot for you to curl up with a good book or enjoy a heart-to-heart with a loved one.

Mural

If you’re not keen on paintings or posters, then you can certainly opt for this option. Choose any theme you like to enhance the visual appeal of your house. It’s absolutely essential that you select the appropriate paint colour that’ll provide the perfect backdrop.

Handcrafted Doors

Want to give your visitors a royal entry? Why not opt for handcrafted doors. They are common across many luxurious Indian homes and will provide your house with a little traditional charm.

CD Wall

With the age of digital music, you can use this idea to use those old album covers while also decorating your home. Create a collage of your favourite CD covers and put it in a place of pride in your home. This is a great way for music aficionados to showcase their vast collection.

You can get really creative with regards to embellishing your house. Using the available area wisely while striking the right balance between simplicity and extravagance can provide you with great benefits. Happy decorating!

[“source=ndtv”]

Invest in winter white dishes

“Dining room” means something different to everyone: maybe it’s the small nook off of your kitchen where you eat every meal, or perhaps it’s the spacious separate room you reserve for holidays. It can be easy for these rooms to fall flat—upgrading your bedroom or living room space often takes priority—but regardless of size, there’s a lot you can do to keep this part of your home fresh. Here are seven ways to take your dining room to the next level, just in time for the holidays.

1 Invest in winter white dishes
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LENOX

Purchasing a quality dish set like the Lenox Alpine collection is an easy way to elevate your houseguests’ dining experience. The glossy finish of this rustic collection will make your home-cooked-meals pop, and the classic design is versatile enough to be used anytime of year.

Shop Here

2 Install a statement light fixture
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Anthropologie

A bold light fixture sets the mood for entertaining. (Pro tip: Make sure you choose one that can be installed with a dimmer.) This brass fixture adds a fun twist to the typical chandelier with its asymmetrical profile.

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3 Stock up on fun linens
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Crate and Barrel

To complement the simplicity of your sleek white dinnerware, stock up on patterned tablecloths, runners, and napkins that you can mix and match. From Thanksgiving through New Year’s, these prints will bring a festive feel to meal time.

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4 Purchase an after dinner dish set
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LENOX

In the colder months, after dinner coffee and tea is a must. Keep the dinner party going (and warm up your guests before they head outside) with these Alpine collection mugs.

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5 Hang an artistic mirror
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Shades of Light

Open up your room by hanging a unique mirror on a wall near your dining table. Opt for one with a window frame style: this will not only make the space feel bigger, but also create the impression of extra light.

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6 Layer chairs with cozy throws
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AMAZON

Another way to elevate your dining room is to add a cozy throw blanket or pillow to each chair. Go for a neutral hue of faux fur or cashmere for the winter.

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7 Spruce up your room with some garland
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Ballard Designs

Stray from the traditional decor this year by decorating your mantle with magnolia garland. The rich, earthy color and texture will add dimension to your space. You can even drape a strand on your dining table runner as an unexpected centerpiece.

[“source=gsmarena”]

DECADENT DINING ROOM IDEAS

Be brave and turn everyday dining into a glamorous affair with moody shades, shiny surfaces and plenty of pattern

Whether you do your dining in a cosy nook, a dedicated room or just the corner of your kitchen, it’s time to dial your decor up a notch. Who’d want a drab TV dinner when you could be dining at a marble table, sitting on a plush banquette beneath an over-sized chandelier, or gazing at a striking artwork?

For dinner à deux, family mealtimes or just tea and toast, these fabulous ideas have one aim – to elevate everyday dining to something special.

 

Red-tailed hawk crashes through living room window, landing at dining room table

Image result for Red-tailed hawk crashes through living room window, landing at dining room table

Red-tailed hawk crashes through living room window, landing at dining room table

A family in Bellevue, Washington, returned home to find their front window shattered and a red-tailed hawk in their living room.

>> Read more trending news

The hawk flew around in the house, breaking vases and another window as it tried to escape.

Kani McKeague said when she came home, her boyfriend’s mother was already in the house and pointed out the bird.

“I was like ‘Oh my gosh.’ It was standing there kind of like this, like a statue,” McKeague said.

The family called the non-emergency number for police and was quickly connected to the Washington Department of Fish and Wildlife.

The hawk was perched on a dining room chair when help arrived.

Sgt. Kim Chandler moved in to carefully capture the hawk as cellphone cameras recorded.

>> Trending: Workplace bullying, violence can increase your heart attack risk, study says

“The beak is pretty formidable but the talons are the business end, that’s the most important part,” Chandler said on Friday.

“You can absolutely tell by that video that bird was not happy.”

Chandler was wearing thick gloves and grabbed the hawk by the talons. He put pantyhose over the head of the hawk and pulled it down over the wings to keep it contained, but to still allow it to breath and move.

He took the hawk home and put it in a box overnight. The next morning he put the hawk on his deck.

“She’s posturing and her wings are out and her mouth is wide open. Like she was going to eat me, right now,” said Chandler.

[“source=forbes]

Global Door & Window Hardware Market 2018: Growth, Latest Trend Analysis and Forecast 2025

Door-Window-Hardware-Market.

The Global Door & Window Hardware Market Insights, Forecast to 2025 speaks about an entire item review and its degree in the market to determine key terms and give the customers an all-comprising thought of the market and its tendencies. The report analyzes key esteems and realities of the sales advertise regarding volume, deals and its development rate, profit and its development rate for several shareholders.

In 2017, the Door & Window Hardware market size was xx million USD, and it will be xx million USD in 2025, with a CAGR of xx% between 2018 and 2025.

The report showcases massive amount of information regarding definitions, classifications, comprehensive analysis, applications, and expert opinions as well as key factors that contributes in the market’s growth. The report also holds regions and country wise development status which includes market size, market share, volume and value.

DOWNLOAD FREE SAMPLE REPORT: https://www.fiormarkets.com/report-detail/307273/request-sample

Geologically, this report is segmented into a few key regions, with creation, utilization, revenue, and piece of the pie and development rate of market in these regions, from 2018 to 2025 (forecast). The section includes: North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Europe, Germany, France, UK, Italy, Russia, Rest of Europe, Central & South America, Brazil, Rest of South America, Middle East & Africa, GCC Countries, Turkey, Egypt, South Africa, Rest of Middle East & Africa

Key Manufacturers of the Door & Window Hardware Market included in this report: Ashland Hardware System, Hangzhou Wintek Building, Caldwell Manufacturing Co., Roto Frank of America Inc., Radisson Industries, Vision Hardware, Andersen Windows, Kolbe Windows & DoorsDoor & Window Hardware

Evaluation of the manufacturing cost of products and the pricing structure followed by the market is mentioned in the report. In addition, the report studies company basic information, its competitors and market share for each manufacturer/player. Then it shades lights on product overview and its scope, market overview, challenges, opportunities, risk, and cost structure. Along with the manufacturing cost consumption, supply and demand, import and export are also discussed for the competitors.

On the basis on the end users/applications, this report focuses on the major applications/end users, sales volume, market share and growth rate for each application, covering Residential Building, Commercial Building

Scope of the Market Report is Explained:

  • To introduce an overview of the Door & Window Hardware industry including the market segments
  • To assess the market size and share with respect to value and volume
  • The report specifies manufacturing cost structure analysis with the information of raw material, suppliers, and downstream consumer information. Besides, manufacturing plants analysis, capacity, manufacturing plants distribution, R&D status, and company profiles are also featured.
  • Market forecasts from 2018 to 2025 including market volumes, value consumption is provided by regions, by types, and by applications.

The Door & Window Hardware market report is the credible source for obtaining the overall market research that will exponentially speed up your business or help you achieve sustainable growth in their respective market domain. The conclusion part of our report presents forecast, investment feasibility analysis, and investment return analysis. The key segments coupled with their market forecasts both in terms of revenue and volume have been added in the market research study.

[“source=cnbc”]

Black Friday home deals 2018: Furniture, lights, lamps and bed sheets best UK offers on NOW

Tomorrow might mark the official start of Black Friday but big name retailers have started early this year with some particularly impressive offers on lighting, sofas and everything you need for a full interior makeover.

It’s no coincidence Black Friday comes just in time for the holidays and can provide an excellent opportunity to dress up your home however much you like. Debenhams is having a 50 % off lighting sale for today only, November 22, and we’ve highlighted some fantastic finds below. Other brands like Andrew Martin and department stores including John Lewis are promising discounts of up to 75% across a wide variety of its furniture, home accessories, lighting and everything you need to make your space that extra bit homely.

The Black Friday and Cyber Monday deal days are the ideal time to stock up on those big-ticket items that you need.

In the lead up to the big sales day, we have gathered the best deals out there so you can plan out your purchases and prevent that last minute panicking buying.

As new deals are released, we will be constantly updating this list to ensure all the best deals are included.

Get ready to shop…

Furniture and Lighting

If your sofa looks or feels a bit worse for wear or you have had the same table lamp since uni and are finally ready for a change, Black Friday offers the perfect excuse to invest in your interior with a range of furniture in every form. Bring new light and life to your space by taking advantage of the impressive discounts that will make updating your space more cost effective. The biggest retailers are going all out with impressive discounts across its range of furniture and lighting, see the best below.

Debenhams *Lighting deal of the day

Take a whopping 50% lighting at Debenhams for today November 22 only. This is certainly one of the best lighting sales around for Black Friday 2018 with an impressive 200+ lighting products offered at half off. A variety of designer options are on offer as well, like the flamingo table lamp by Matthew Williamson reduced to just £42.50. If you don’t have the budget to splash out on a new sofa or table, there’s no better or more practical piece of home decor to spruce up your space than a great lamp. Sale ends tonight.

[“source=marketingweek]

Santander latest traditional player to open digital bank

2018 UK IT Priorities survey results

IT organisations in the UK and across Europe are starting to accelerate the move to the cloud. Read more about the key areas in which senior IT managers are planning to invest in over the next 12 months.

The business banking service will be a standalone business that will also offer small businesses payroll and pensions, according to a Sunday Times report.

A spokesman for Santander told the newspaper: “We are working on a project to build an open digital financial services platform for SMEs [small and medium-sized enterprises]. We look forward to sharing more about the platform soon.”

Traditional banks are devising strategies to fend off competition from a new generation of banks that are fuelled by the latest technology to reduce operating costs and provide customers with a high level of service anytime and anywhere via computing devices, particularly mobile.

The Royal Bank of Scotland (RBS) is a good example. According to reports, RBS is spending tens of millions on a potential digital bank that will be run separately from its existing business.

Virgin bank, already classed as a challenger bank, has spent more than £38m on setting up a digital bank to target a broader segment of the financial services market in the UK.

It said a platform underpinning the new bank will harness data to offer customers personalised accounts.

Meanwhile, in France BCPE, another traditional mainstream bank has taken a similar path, but has acquired an established digital challenger rather than build one from scratch. BCPE acquired German challenger Fidor, which was set up in 2009 and gained a UK banking licence in 2015.Banks have been watching the fintech industry grow, and many are partnering with fintechs and even taking stakes in them. Some have startup programmes, in which they help fintech startups to develop their products.

[“Source-computerweekly”]

PM to lay foundation, inaugurate projects today in all 3 regions

Image result for PM to lay foundation, inaugurate projects today in all 3 regions

Prime Minister Narendra Modi will lay the foundation stone of Rs 6,800 crore strategic Zojila tunnel, Asia’s longest bi-directional tunnel, two Ring Roads-one each in Jammu and Srinagar, Pakal Dul in Kishtwar and inaugurate Kishanganga hydro-electric projects and Tarakote Marg from Katra to Adh-Kunwari during his day-long visit to Jammu and Kashmir. He will also address SKUAST-J convention.
Accompanied by Surface Transport Minister Nitin Gadkari and Minister of State in the Prime Minister’s Office (PMO), Dr Jitendra Singh, the Prime Minister will cover all three regions of Jammu, Kashmir and Ladakh during his visit. Minister of State for Power (Independent Charge) RK Singh will join the Prime Minister in Srinagar.

Dr Jitendra Singh said: “despite just one-day visit, the Prime Minister has fulfilled his commitment of regional balance and equitable development of all three regions of the State including Jammu, Kashmir and Ladakh by covering all three regions during the visit”.
Security has been beefed up in Jammu ahead of the Prime Minister’s visit.
The Prime Minister will directly reach Leh where he would lay foundation stone of Zojila tunnel and address culmination programme of Kushok Bakula’s centenary celebrations. At SKICC Srinagar, he would inaugurate Kishanganga power project and lay foundation stone of Ring Road. Then he would reach Jammu and address SKUAST-J convention. Later, he will lay foundation stone of Pakal Dul hydro-electric power project in Kishtwar and Jammu Ring Road and inaugurate Tarakote Marg from Zorawar Singh Auditorium in Jammu University. Pakal Dul HE project is 1000 MW and is being constructed on river Marusudar, a tributary of river Chenab in Kishtwar district.
The Ring Road projects in Srinagar and Jammu will cost nearly Rs 3,884 crore.
The Zojila tunnel will provide all weather connectivity between Srinagar, Kargil and Leh as this route remains snow-bound for a large part of the year, and is ravaged by frequent avalanches.
It will also cut down the time taken to cross the Zojila pass from 3.5 hours to just 15 minutes, besides making the drive much safer and convenient, the Ministry of Road Transport and Highways said in a statement.
It said Modi will attend “the commencement of work on Zojila Tunnel on the Srinagar-Leh National Highway at an event in Jive-tsal in Leh tomorrow”.
“He will also lay the foundation stone for Srinagar Ring Road and Jammu Ring Road at separate events at Sher-e-Kashmir International Conference Centre (SKICC), Srinagar and at General Zorawar Singh Auditorium in Jammu the same day,” it said.
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister had approved the  construction, operation and maintenance of this 2-lane bi-directional tunnel with Parallel Escape (Egress) tunnel between Baltal and Minamarg on the Srinagar-Leh section of  NH-1A at a total cost of Rs 6,800 crore earlier this year.
The Government said the construction of this tunnel will provide much relief to the people in the region. Due to heavy snowfall and frequent avalanches, road connection to places in the Ladakh region get disrupted for long periods, preventing even essential supplies from reaching people, shutting down businesses, affecting healthcare and education.
“The construction of the tunnel is expected to bring about all round economic and socio-cultural integration of these regions. In addition to direct jobs generated during construction, it will also lead to massive indirect and spinoff jobs due to acceleration of economic growth,” the statement said.
It added that the government is committed to development of manpower skilled for tunneling jobs in J&K. The project has strategic and socio-economic importance, and will be an instrument for the development of the economically backward districts in J&K.
The Government said the Zojila tunnel has been planned as a smart tunnel which will have latest safety features like fully transverse ventilation system, Uninterrupted Power Supply (UPS), Tunnel Emergency Lighting, CCTV Monitoring, Variable Message Signs (VMS), Traffic Logging Equipment, Over Height Vehicle Detection, Tunnel Radio System, etc.
It will have pedestrian cross passages at every 250 meter and motorable cross passages and lay-bys at every 750 meter, the statement said, adding that it will have emergency telephones and fire-fighting cabinets at every 125 meter.
The Ring Roads at Srinagar and Jammu are aimed at reducing traffic congestion at these cities and making road travel safer, faster, more convenient and more environment friendly, the statement said.
The 42.1 Km, 4 lane Srinagar Ring Road will link Galandar in West Srinagar to Sumbal. Being built at a cost of Rs 1,860 crore, this road will provide a new route from Srinagar to Kargil and Leh, and reduce travel time, it said, adding that there will be a major bridge, three flyovers, 23 tunnels and 2 via-ducts on this route.
“The 58.25 km, 4-lane Jammu Ring Road, being built at a cost of Rs 2,023.87 crore, will link Jagati (western Jammu) to Raya Morh. There will be 8 large bridges, 6 flyovers, 2 tunnels and 4 via ducts on this route,” it said.
Ahead of Prime Minister Narendra Modi’s visit to Srinagar the security has been put on high alert in Srinagar and authorities sealed the Boulevard road leading to SKICC where the function is to be held.
Authorities amid a thick security blanket sealed the Dalgate-Nishat main road today in view of Prime Minister’s visit. The traffic was diverted today for the security of the PM visit. The diversion of the traffic today resulted in traffic mess at various places including the Foreshore road, Hazratbal, Dalgate and other areas.
The security has been further beefed up after militants last evening decamped with three service rifles from a police post in Dalgate area of Srinagar which is few kilometers from the venue of PM’s function.
And authorities have decided to impose restrictions in Srinagar parts including Old City on Saturday as a precautionary measure.
Restrictions within the territorial jurisdictions of Khanyar, Rainawari, Nowhatta, Safakadal, MR Gunj, Nishat and partially in Maisuma and Kralkhud police stations Srinagar will remain in force tomorrow.
The class work in all schools and colleges in Srinagar will also remain suspended tomorrow.
And in view of the visit of the PM visit, the Traffic Police City Srinagar has formulated route plan so that commuters travelling on the routes would not face any inconvenience.
As per the traffic plan, no traffic shall be allowed to ply from Badyari Chowk to Nishat via Boulevard and similarly no traffic shall be allowed to ply from Ram Munshi Bagh towards Grand Palace and Nishat via Gupkar.
Commuters travelling from Harwan, Shalimar, Nishat and adjacent areas towards Lal Chowk are requested to travel via Foreshore Road & Hazratbal.
Further, the commuters travelling from Dalgate, Lal Chowk and adjacent areas towards Harwan, Shalimar, Nishat shall adopt Nowpora, Khayam, Rainawari to reach their respective destinations.

source:-dailyexcelsior.a

Narendra Modi inaugurates Kishanganga hydropower project in Kashmir

Narendra Modi says Kishanganga hydropower project is ready to add a new dimension in the growth journey of Jammu and Kashmir. Photo: Ramesh Pathania/Mint

Prime Minister Narendra Modi on Saturday dedicated the state run NHPC Ltd’s Kishanganga hydro power project in Jammu and Kashmir to the nation.

The development assumes significance given the strategic importance of the 330 megawatt (MW) project on the river Kishanganga, a tributary of Jhelum. While Pakistan had challenged the project under the Indus Waters Treaty of 1960, the International Court of Arbitration at The Hague ruled in India’s favour in 2013.

The Jhelum originates in India and flows into Pakistan, and according to the Indus Water Treaty, whoever builds the project first will have the first rights on the river water.

Jammu and Kashmir will not only get free but also sufficient power, PM Modi said in a tweet.

The project in Bandipora district will provide 13% free power to the state including 1% for local area development fund amounting to around Rs133 crore per year.

This come at a time when the projects in Jammu and Kashmir are being expedited in the backdrop of China developing the China-Pakistan Economic Corridor (CPEC), part of its showpiece “One Belt One Road” (OBOR) infrastructure initiative.

This project is ready to add a new dimension in the growth journey of Jammu and Kashmir, added Modi in another tweet.

The National Democratic Alliance (NDA) government has stepped up efforts to develop the infrastructure architecture for the state which has witnessed an unprecedented cycle of violence in recent years. These projects include developing roads totaling 683.31 km in length, with an investment of Rs10,204.45 crore, constructing the marquee 14-km-long Zojila tunnel and the 6.5-km Z-Morh tunnel on Srinagar-Kargil road.

“Jammu and Kashmir is going to get development projects worth Rs25,000 crore. These projects will have a positive impact on the people of the state,” Modi said in another tweet.

The delayed Kishanganga project involved the diversion of the Kishanganga river, into an underground powerhouse near Bandipur and the discharge of the water into the Wular lake. Also, a 37 metre high concrete dam was constructed in Gurez valley of Bandipora. The projects’ total cost is estimated to be Rs5,882 crore, with the construction work at the project site started in 2009. The construction work was made difficult due to the higher risk associated with the project due to difficult geology and its proximity to the border with Pakistan.

The Indus Waters Treaty regulates the use of Indus river waters by India and Pakistan. Pakistan’s argument was that the Indian project would affect the Neelum-Jhelum project constructed by Pakistan downstream of the Kishanganga project. While Pakistan had questioned the “legality of the construction and operation of an Indian hydro-electric project” under the treaty, India has maintained that building the dam is within its rights.

India has also been critical of China developing the CPEC, cutting through Gilgit and Baltistan areas of Pakistan-occupied Kashmir (PoK). OBOR, first unveiled by Chinese president Xi Jinping in 2013, aims to put billions of dollars in infrastructure projects, including railways, ports and power grids across Asia, Africa and Europe.

source:_.livemint.aa

Sterlite Power plans $4 billion investment in projects in Brazil by 2022

Sterlite Power plans $4 billion investment in projects in Brazil by 2022Sterlite Power is planning an investment of $4 billion by 2022 in power projects in Brazil where it has won orders last year to build transmission lines, the company said on Saturday.

Sterlite Group Chief Executive Pratik Agarwalsaid in a statement that the company is looking to grow rapidly in the country and establish its headquarters in Sao Paulo as a base for future expansion.

“We have already committed ourselves to $1 billion (in projects). And we are open to expanding this in three to four times over the next three to four years,” he said. In this direction, Sterlite has already structured a local team and is currently looking for an experienced executive to take command of Brazilian operations to lead an expansion that may pass in the short or medium term to other countries.

“Sao Paulo will be our headquarters in Latin America to look beyond Brazil,” Agarwal said.

In this regard, he cited Argentina, Chile, Mexico and possibly Peru as potential countries of interest, and pointed out that the push to these markets could take place over a period of 1-3 years.

Besides participating in government auctions for new projects, Sterlite will also evaluate possible acquisitions as part of its strategy in Brazil, the Chief Executive said.

In its first bid in Brazil in April, Sterlite took out a broadcast concession with a discount of 58.9 per cent over the government’s maximum allowable revenue for the project.

The company also took one more project at the same auction and a third at another in December, where it bagged the largest project on offer.

The construction of these lines already sold will require about $1 billion, the statement said.

According to Agarwal, the company’s strategy is to have a good return even after the high discounts through intensive use of technology, good planning of works and advance delivery of the lines, which help generate additional revenue.

The company has already secured funding and all environmental licenses for one of its three projects and there is great confidence in being able to deliver them in advance, it added.

source:-energy.