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Tata Steel ties up with clutch of banks to raise $4 billion debt
2014-09-17 02:59:12| Steel - Topix.net
Tata steel, India's largest steel producer, has tied up foreign debt of nearly $4 billion from a clutch of foreign and state-owned bank s. The loan, designated in Euro and sterling pound, is aimed at refinancing the existing debt the company raised to acquire the UK-based steel company Corus Group Plc.
NASA awards $6.8 billion contract to Boeing and SpaceX for human spaceflight to the ISS
2014-09-17 01:43:38| Extremetech
Boeing and SpaceX are both winners in the race to take US astronauts into space. Boeings CST-100 and SpaceX's Dragon V2 will soon make test flights to the ISS to prove their mettle.
CMS spending $1 billion to settle pollution case
2014-09-16 22:39:32| Energy - Topix.net
The federal government says CMS Energy Corp. will undertake an estimated $1 billion program to cut emissions from five coal-fired power plants in Michigan to settle air pollution complaints. The U.S. Department of Justice announced Tuesday that the utility's Consumers Energy subsidiary agreed to a plan to cut 46,500 tons of sulfur dioxide and other emissions annually from plants in Essexville, Luna Pier, Muskegon and West Olive.
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Global Substation Automation Market to Reach US$139.34 Billion by 2020
2014-09-16 20:57:00| Transmission & Distribution World
According to a new market research report "Substation Automation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020," the market was valued at US$96.52 billion in 2013. Content Classification: Curated read more
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Lawmakers to test EU's five billion euro carbon permit giveaway
2014-09-16 20:22:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: European lawmakers will vote next week on whether to force Brussels officials to rethink giving billions of euros worth of carbon allowances away for free to heavy industries, after a senior Green member lodged an objection. The European Commission, the EU's executive, in May proposed that the vast majority of industry sectors should keep getting most of their allowances for free over 2015-2019 to help meet their obligations under the EU Emissions Trading System (ETS). The ETS regulates around...
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