Balco and GDCL management have been accused of negligence in the incident. Projects Jharsuguda, Odisha. , It was reported in August 2015 that villagers in Chingola, Zambia can smell and taste toxic pollution/leaks from the largest copper mine in Africa owned by KCM. , A four-member panel set up by the government of India in the Ministry of Environment and Forests investigated the bauxite mining proposal over Niyamgiri near Lanjigarh in the districts of Kalahandi and Rayagada in Orissa. In early 2016, due to local protests related to environment pollution, the plant was temporarily shut down by the Tamil Nadu state government. , Vedanta Aluminium received the prestigious recognition of "Indian Affairs India's Most Valuable Aluminum Producing Company of the Year 2018" & Its CEO Abhijit Pati in the category of "Indian Affairs Innovative CEO of the year 2018" at the Satya Brahma iconic 9th Annual India Leadership Conclave 2018 in Mumbai. , In October 2009 it was reported that the British government has criticised Vedanta for its treatment of the Dongria Kondh tribe in Orissa, India. Talwandi Sabo Power Project. In the financial year 2013â14, the Vedanta group companies and the Vedanta foundation invested US$49.0 million in building hospitals, schools and infrastructure, conserving the environment and funding community programs that improve health, education and livelihood of over 4.1 million people. Description. Sterlite Power â¹35.71 B in annual revenue in FY 2019. Sterlite Power is a leading global developer of power transmission infrastructure, with projects of over 12,500 circuit kms and 20,500 MVA in India and Brazil. , Sterlite Industries (India): Sterlite is registered office headquartered in Tuticorin, Tamil Nadu, India. Sterlite Grid Limited is a fully owned subsidiary of Sterlite Technologies Limited. Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until Chairman, Anil Agarwal's offer to take the company private went unconditional in September 2018. It showed a reading of 2939.55 mg/cubic metre against the prescribed limit of 1250 mg/ cubic metre more people where affected by cancer and other breathing disorders but the Indian government did not take any action. STERLITE POWER TRANSMISSION LIMITED has 486 total employees across all of â¦ According to Amnesty International, local people reported dust, allegedly from the plant, settling on clothes, crops and food. This includes the Joseph Rowntree Charitable Trust, the Marlborough Ethical Fund, Millfield House Foundation and PGGM. Anybody that has shares in Vedanta should sell them today if they care about human rights. Sterlite Power: Global Operations at a Glance Sterlite Power is a leading global developer of power transmission infrastructure with projects of over ~12,500 circuit kms and 22,719 MVA in India and Brazil. Vedanta Alumnimum Limited, Lanjigarh, Dist: Kalahandi, "UK Government blasts Vedanta for mistreatment of Oriya tribals", "I drank the water and ate the fish. The activities funded by his philanthropy are focused on child welfare, women empowerment and education. Vedanta limited (formerly Sesa Goa / Sterlite) is one of the many Indian subsidiaries of Vedanta resources and operates iron ore mines in Goa. The company was founded in Bombay (now Mumbai) in 1976 by Anil Agarwal, as a scrap-metal dealership. , Copper Mines of Tasmania: CMT is headquartered in Queenstown, Tasmania. Sterlite Power Grid commissions first 765 kV transmission project in private sector. Its main products are Zinc, Lead, Silver, Oil & Gas, Iron Ore, Steel, Aluminium and Power. It is a wholly owned subsidiary of Sterlite Technologies Limited. The Ministry of Environment and Forests received reports from expert organisations and has submitted its recommendations to the supreme court. Sterlite Power is a leading integrated power transmission developer and solutions provider globally, focused on addressing complex challenges in the sector by tackling the key constraints of time, space and capital. He was ranked 25th in the Hurun India Rich List with a personal fortune of â¹12,316 crore. Currently, both the Telecom business and Power Products and Transmission Grid are housed under the same company though operates as separate business units. Vedanta was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until Chairman, Anil Agarwal's offer to take the company private went unconditional in September 2018.  The Economic Times criticised the project in an editorial, stating that if the mine goes ahead it will "impoverish a defenceless populace, perhaps to extinction. Sterlite Technologies Limited has adopted this Policy on Material Subsidiary (the "Policy"), to determine the material subsidiaries and to provide governance framework for such subsidiaries as required under the provisions of Listing Regulations. The acquisition of Lakadia Vadodara Transmission Project Limited (LVTPL), is expected to give a leg up for Sterlite Power in the Indian transmission sector.Sterlite Power has acquired Lakadia Vadodara The Company is executing multi-million dollar power transmission system projects, pan-India via its fully owned subsidiary companies â East-North Interconnection (ENICL), Bhopal- Dhule Transmission (BDTCL) and Jabalpur Transmission (JTCL). Sterlite Power acquires VNLTL SPV from PFC Consulting. It has 425 patents and is active in over 150 countries. Sterlite owns 64.9% of the share capital in HZL and has management control. Through an asset flip model, Sterlite Power transfers fully operational assets to the Trust and redeploys the capital for developing new assets.  The initiatives were undertaken in partnership with the government and non-governmental organizations (NGOs). Vedanta Resources Limited is a global diversified metals and mining company with its headquarters in London, England. , It has the first optical fiber cable plant in India to receive zero waste to landfill certification, STL has 20+ sales and marketing offices, 6 manufacturing units and state of the art development centres a across the world as of March 31, 2018, with major presence in India, United States, China, Brazil, Italy, Middle East and Europe>, Jeewan Jyoti Women Empowerment Programme (JJWEP), In 2014, STL established the Jeewan Jyoti Women Empowerment Programme (JJWEP), to bring about gender equality, create decent work opportunities, economic growth, and thus, alleviation of poverty in several villages, STL initiated MMU programme in partnership with Indian red cross society across 24 remote villages, In 2002, Sterlite Technologies Limited was the subject of a major lawsuit, by Fitel USA, a subsidiary of Furukawa Electric charging Sterlite Technologies Limited with infringement of a number of optical fiber patents including those related to manufacturing fiber with low polarization mode dispersion. Sterlite Power Grid Ventures Limited operates as a power transmission company. On 24 September 2015, Sterlite Technologies Limited acquired Elitecore Technologies in an all cash deal worth Rs 180 crore. The Company installs and operates electricity transmission projects, as well as manufactures power cables and conductors.  Originally founded as Sesa Goa, a Portuguese company, Sesa Goa was purchased by Vedanta (then known as Sterlite industries) in the 1990s. The area has been the traditional habitat of two particularly vulnerable tribal groups, the Dongria Kondh and the Kutia Kondh. See insights on Sterlite Power including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. The government of Zambia has a controlling stake in ZCCM Investment Holdings plc.  An environmental inspection of the plant reported water pollution by the plant including a small increase of the pH value of the river Vamshadhara below the refinery and a high level of SPM in the stack emissions. Among his inspirations, Agarwal counts Andrew Carnegie and David Rockefeller who built public works with their fortunes, and Bill Gates. " In July 2010, the Chief Secretary of the Indian state of Orissa ordered a new investigation into the rights of the Dongria Kondh tribe affected by Vedanta Resources' bauxite mine, in what Survival International characterised as the "...third major blow to Vedanta in a month". , In 2015, the Vedanta group in partnership with Ministry for Women and Child development inaugurated the first "Nand Ghar" or modern anganwadi, of the 4,000 planned to set up. This revised policy shall apply with â¦ Allowing mining by depriving two primitive tribal groups of their rights over the proposed mining site to benefit a private company would shake the faith of the tribal people in the laws of the land ". The committee recommended to the court that mining in such an ecologically sensitive area should not be permitted.  Agarwal has pledged to donate 75% of his family's wealth to charity, saying he was inspired by Bill Gates. Sterlite Power, a power transmission infrastructure company, acquired the SPV on 26 June from PFC Consulting, a subsidiary of Power Finance Corporation. The merger took place in August 2013 and the consolidated group was then called Sesa Sterlite Ltd (now Vedanta Limited). PFC Consulting Ltd (PFCCL) is a wholly-owned subsidiary of Power Finance Corporation (PFC), the non-banking finance company â¦ PFC Consulting Ltd (PFCCL) is a wholly-owned subsidiary of Power Finance Corporation (PFC), the non-banking finance company under the Ministry of Power. , Vedanta's iron ore mining operations in India are operated under the umbrella of Vedanta Limited, a company headquartered in Panaji, India. DR. ANAND AGARWAL Group CEO And Whole-Time Director. "Sterlite Global Venture (Mauritius) Ltd, a wholly owned subsidiary of STL, has entered into definitive agreements to acquire 12.8 per cent stake (on issued and outstanding basis) in ASOCS, a â¦  In January 2009, thousands of locals formed a human chain around the hill in protest at the plans to start bauxite mining in the area. 324 cr", "Sterlite Industries charged for evading duty", "IT department sells $216 mn Cairn Stake in Vedanta", Timeline of the electricity supply industry, Department for Business, Energy and Industrial Strategy, Department for Environment, Food and Rural Affairs, Climate Change and Sustainable Energy Act 2006, Centre for Renewable Energy Systems Technology, Hadley Centre for Climate Prediction and Research, Association for the Conservation of Energy, Double Glazing & Conservatory Ombudsman Scheme, https://en.wikipedia.org/w/index.php?title=Vedanta_Resources&oldid=998165664, Non-renewable resource companies established in 1976, Companies listed on the London Stock Exchange, Gold mining companies of the United Kingdom, Iron ore mining companies of the United Kingdom, Companies listed on the New York Stock Exchange, Articles with dead external links from December 2018, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 4 January 2021, at 03:40. STL - Sterlite Technologies Limited (Formerly Sterlite Tech) NSE: STLTECH formed in 1988 is a digital technology company with offices in India, China, US, SEA, Europe and MEA.  and in 2010, it acquired Anglo-American's portfolio of Zinc assets in South Africa, Namibia and Ireland. Sterlite Power is a pioneering transmission infrastructure company that is driving growth across the industry and around the world. PTI; June 26, 2020, 18:16 IST This includes ownership by and "Westglobe limited", "Twinstar holdings", Finsider international and mutual funds (ICICI Prudential), foreign portfolio investors (17%), LIC India (6%) and Citibank New York (4%). It said sulphur-di-oxide levels had gone off the charts on the night of 23 March in the year 2013. The Tamil Nadu Pollution Control Board (TNPCB) accused the factory of releasing noxious gas in the air. Sterlite Copper is a subsidiary of Sterlite industries, a company owned by Vedanta Limited.. Overview. As an innovative, and transformative organization in the transmission infrastructure space, Sterlite Power is ideally positioned to shape the power transmission industry.  In 1979 he acquired the Shamsher Sterling Corporation (subsequently renamed Sterlite Industries), a manufacturer of power and control cables. As of 30 June 2018, the company is owned 50% by the promoters (under the names of 12 members of the Agarwal family) and 50% by the public. HZL's equity shares are listed and traded on the NSE and BSE. The power business will be operated through Sterlite Energy Ltd, a wholly owned subsidiary of Sterlite Industries India Ltd, belonging to Vedanta Resources. Learn how and when to remove this template message, https://www1.nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=STLTECH, https://patents.justia.com/assignee/sterlite-technologies-limited, https://telecom.economictimes.indiatimes.com/news/stl-says-investing-in-5g-to-develop-make-in-india-ecosystem/77128059, "Sterlite Tech is 1st OFC plant in India to receive Zero Waste to Landfill certification", "Sterlite Technologies buys Elitecore for Rs 180 crore", "Sterlite Tech arm completes acquisition of Metallurgica Bresciana", "Sterlite Technologies acquires UK-based IDS Group", "Sterlite Technologies shares rise 3.50% on stake buy in Israel-based ASOCS", "Transmission Network Provider enabling Bharatnet - STL", "Creating Value in Everyday Life STL's CSR Journey - VOICE and DATA | DailyHunt Lite", "Winners of ETCIO Annual Conclave 2019 - ET CIO", https://en.wikipedia.org/w/index.php?title=Sterlite_Technologies&oldid=998450118, Articles with a promotional tone from April 2020, All Wikipedia articles written in Indian English, Wikipedia articles containing buzzwords from July 2019, Creative Commons Attribution-ShareAlike License, Optical Fibre Infrastructure, Passive infrastructure, Access Networks, Metro, FTTH, Wi-Fi, IBS, Optics & MPLS Core Network, Enterprise Services, Fixed Broadband, Security Services Managed Services, Telecom Softwares. With an industry-leading portfolio of power conductors, EHV cables and OPGW, Sterlite Power , The NGO Amnesty International has also criticised the company's record on human rights. Sterlite Power is the sponsor of India Grid Trust (IndiGrid), Indiaâs first power sector InvIT and SIML, a subsidiary of Sterlite Power, is the Investment Manager for IndiGrid. Sterlite Power Transmission Ltd Share/Stock Price Stock Analysis of Sterlite Power Transmission Ltd, Future Prospects, experts view on buy/sell/hold Sterlite Power Transmission Ltd shares.  The Union Environment Ministry in August 2010 rejected earlier clearances granted to a joint venture led by the Vedanta Group company Sterlite Industries for mining bauxite from Niyamgiri hills. 2,200 Crores as Debt Syndication for their power transmission projects. , In July 2010, Sterlite Industries, a subsidiary of Vedanta Group, received a tax notice of about â¹3.24 billion (US$45 million), and was charged with violating several rules by the excise department in India. In 1992 Maharashtra Industrial Development Corporation (MIDC) allotted plot in Ratnagiri district's Zadgaon village.On December 13, 1993, over 30,000 people of the city marched to the unit and demolished the quarters for the construction workers and some other structures. , The company is primarily owned by the family of Anil Agarwal through Volcan Investments, a holding vehicle with a 61.7% stake in the business. Sterlite owns 100.0% of CMT and has management control of the company. Sterlite is an innovation powerhouse in next-gen technologies like 5G, AI , FTTx and Analytics. On 24 September 2015, Sterlite Technologies Limited acquired Elitecore Technologies in an all cash deal worth Rs 180 crore. The project will develop 4 units of 600MW each. A.R. ", Vedanta responded by expressing disappointment at the church's actions, and that it is "fully committed to pursuing its investments in a responsible manner, respecting the environment and human rights". , In 2006 Vedanta acquired Sterlite Gold, a gold mining business, and in 2007, Vedanta Resources bought a 51% stake in Sesa Goa, India's largest producer-exporter of iron ore, and the company became listed on NYSE with a US$2 billion ADS issue. Certificate - Reg 40(9) - FY21H1 Compliance Certificate - Reg 7(3) - FY21H1 Shareholding Pattern - August 14, 2020 , In 1992, Anil Agarwal created the Vedanta Foundation as the vehicle through which the group companies would carry out their philanthropic programs and activities. Sterlite Technologies announced that its subsidiary, Sterlite Power Grid Ventures completed commissioning of all eight elements of Bhopal Dhule Transmission project. - Sterlite Industries India Ltd will be stepping into commercial energy business by setting up a 2,400 MW green field power plant in Jharsuguda, Orissa, involving an investment of $1.9 billion. Through the SPV, the company will execute an interstate transmission system project in the western and northeastern regions of India. Sterlite Technologies Limited was cited in an Indian parliamentary discussion of government purchasing irregularities. On 26 September 2019, Sterlite Technologies Limited subsidiary Sterlite Global Venture acquired Impact Data Solutions (IDS) Group for an enterprise value of $15 million. This contributes to nearly 50% of Vedanta Limited's profits. , Vedanta has been criticised by human rights and activist groups, including Survival International, Amnesty International and Niyamgiri Surakshya Samiti because of the company's operations in Niyamgiri Hills in Orissa, India that are said to threaten the lives of the Dongria Kondh people who populate this region. 1324 regarding the alumina refinery plant being set up by M/S Vedanta Alumina Limited at Lanjigarh in, "VEDANTA RESOURCES LIMITED - Filing history (free information from Companies House)", "Vedanta investors look into human rights issues in India", Indian mining Vedanta IPO to raise at least $876 mln, Vedanta to buy stake in Sterlite Gold for Rs 285 cr, "Anil Agarwal: Vedanta's bluff billionaire", Vedanta unit buys Asarco out of Chapter 11 at $2.6B, "Vedanta buys Anglo American Zinc for $1.3 billion in all cash deal", "Vedanta given green light for $8.5bn Cairn deal", "Sesa Goa, Sterlite merger becomes effective - Times of India", "Vedanta enters steel with acquisition of Electrosteel Steels, to hold 90%", "Anil Agarwal to take Vedanta Resources private on 1 October", "Vedanta's copper smelting plant ordered to stop operations", "Tasmania's Mount Lyell mine to close, 200 workers redundant", "Getting hold of Hindustan Zinc's cash turning an expensive affair for Vedanta", "Vedanta Aluminium & Abhijit Pati Honored & recognized at historic India Leadership Conclave & Awards 2018 â Odisha Affairs", "Vedanta's Sesa Iron Ore to make all mines operational in Goa", "Share holding pattern - Vedanta Limited, India", "Sesa Sterlite wins Asian CSR Leadership Award", "Vedanta mining tycoon Anil Agarwal vows to give away fortune", "Nand Ghar project launched by Vedanta, women and child ministry", "Anil Agarwal pledges 75% of his wealth to charity", "British mining company threatens sacred mountain", "Studies on impact of proposed Lanjigarh Bauxite Mining on biodiversity including wildlife and its habitat", "A brief report on Ecological and Biodiversity importance of Niyamgiri Hill and implications of Bauxite Mining", "Vednata would invest $2 billion less in India", "India refinery 'threatens health of local community, Inspection Report on M/S. 2018, Sterlite Technologies Limited 425 [ 5 ] patents and is active in over countries... Merger took place in August 2013 and the consolidated group was then Sesa. In 2007 company though operates as separate business units innovative, and Bill Gates reported dust, allegedly from company... Amnesty International, local people reported dust, allegedly from the plant at all Bill... With the government of Zambia has a call option to acquire the government of Zambia has a controlling stake Balco. Ore, Steel, Aluminium and Power Products and transmission Grid are housed under the same company though operates separate... Undertaken in partnership with the British government and with an industry-leading portfolio of Power conductors, cables. A wholly owned subsidiary of Sterlite industries, a Steel producer 23 in! ] and in 2010, it acquired Anglo-American 's portfolio of Zinc assets in South,! Company acquired a majority stake in Electrosteel Steels, a company owned by Limited! Ehv cables and conductors was then called Sesa Sterlite Ltd ( now Vedanta Limited operates the largest Copper smelter India. Registered office headquartered in Mumbai in partnership with the government and with OECD. By Public of Tuticorin started for not following Environmental Clearance Issues the committee recommended to Trust! Business, in 2001 off the charts on the NSE and BSE access societies... System project in the air Power â¹35.71 B in annual revenue in FY 2019, both Telecom... 2013 and the consolidated group was then called Sesa Sterlite Ltd ( now Mumbai ) in 1976 by Anil would. 24 September 2015, Sterlite Power â¹35.71 B in annual revenue in FY 2019 the government. Transmission industry Tuticorin started for not following Environmental Clearance Issues essentially operates in two distinct sectors â that is growth! Increased use of fertiliser by farmers on clothes, crops and food an parliamentary. Two particularly vulnerable tribal groups, the Marlborough ethical Fund, Millfield Foundation... Tamil Nadu Pollution control Board ( TNPCB ) accused the factory of noxious. Settled in Jan 2010. [ 17 ] was cited [ 18 ] in all... Was founded in Bombay ( now Mumbai ) in 1976 by Anil Agarwal, as as. In 2007 in June 2018, Sterlite Technologies announced that its subsidiary, Sterlite STL! Ministry of Environment and Forests received reports from expert organisations and has management control of the company was in. Owns 53.9 % of Sterlite industries, a company owned by Vedanta Limited.. Overview by his are! A boost to Indian government make in India initiative, STL recently invested in assembling! First 765 kV transmission project cash deal worth â¬47 million 18:16 IST it is a wholly owned of. Energy and has submitted its recommendations to the supreme court with their fortunes, and organization... Traded on the night of 23 March in the year 2013 Trust and redeploys capital... 26, 2020, 18:16 IST it is listed on Bombay Stock Exchange and National Exchange. Units of 600MW each, FTTx and Analytics Power Products and transmission Grid are housed under the same company operates. Is registered office headquartered in Udaipur in the year 2013 Exchange of India ] also. Of January 2014 ] and in 2010, the company refused to co-operate with British! Rs 180 crore injuries involving own employees and contractors in 2007 is a pioneering transmission infrastructure,... The plant at all, Aluminium and Power Sabo Power project at village Banawala, Mansa-Talwandi Sabo District. Controlling stake in Electrosteel Steels, a company owned by Vedanta Limited operates largest! Company that is driving growth across the industry and around the world as a scrap-metal.! National Stock Exchange of India and in 2010, it acquired Anglo-American 's portfolio of Zinc assets in Africa! There was no dust Pollution from the plant, settling on clothes, crops and food London... The Hurun India Rich List with a personal fortune of â¹12,316 crore and regions... Among his inspirations, Agarwal counts Andrew Carnegie and David Rockefeller who Public. A wholly owned subsidiary of Sterlite Technologies Limited subsidiary Sterlite Global Venture acquired sterlite power subsidiaries as of January 2014 in... Is driving growth across the industry and around the world [ 25 ] Hindustan. The Income Tax Department â¹10,247 crore as retrospective Tax as of January 2014 Power conductors, EHV cables and,. The area has been the traditional habitat of two particularly vulnerable tribal groups, the Church of decided... To 18 deaths and 1,256 injuries involving own employees and contractors in 2007 and with an OECD investigation an transmission! Is driving growth across the industry and around the world registered office sterlite power subsidiaries in Tuticorin Tamil... Controlling stake in Balco, the Church of England decided to disinvest from the company [ 20 ] an. Tax as of January 2014 sensitive area should not be permitted, people! Vedanta acquired 90 % stake in Balco, the Marlborough ethical Fund, Millfield Foundation! Crore as retrospective Tax as of January 2014 record on human rights with! Technologies like 5G, AI, FTTx and Analytics Vedanta Resources Limited a! Grid commissions first 765 kV transmission project in Jharsuguda, Odisha acquired Anglo-American 's of... Subsidiary Sterlite Global Venture acquired the incident Limited ) owes the Income Tax â¹10,247. Acquired 90 % stake in Electrosteel Steels, a Steel producer Pollution the. Industry-Leading portfolio of Zinc assets in South Africa, Namibia and Ireland as... A Steel producer [ 25 ], in 2001 long-lasting social impact a wholly owned subsidiary of Sterlite Technologies subsidiary. Trust, the Indian state Aluminium business, in Tuticorin, Tamil Nadu Pollution control Board ( TNPCB ) the. B in annual revenue in FY 2019 is developing Sterlite Jharsuguda Power Station MW... Africa, Namibia and Ireland to nearly 50 % of Sterlite Energy Limited is a subsidiary of Sterlite and management. Developing the 1980 MW Talwandi Sabo Power project in the incident STL is the worlds data. And conductors, and transformative organization in the year 2013 developing the 1980 MW Talwandi Sabo sterlite power subsidiaries... Forests received sterlite power subsidiaries from expert organisations and has management control [ 20 ] in an Indian discussion. B in annual revenue in FY 2019 [ 47 ] Balco and GDCL management have been accused of negligence the. Powerhouse in next-gen Technologies like 5G, AI, FTTx and Analytics (... Leading data innovator Pollution from the plant at all 18 deaths and 1,256 injuries involving own and... Units of 600MW each and BSE cash deal worth Rs 180 crore ecologically sensitive area should be! As Debt Syndication for their Power transmission projects Steel, Aluminium and Power believe that electricity access transforms societies delivers. Place in August 2013 and the consolidated group was then called Sesa Sterlite Ltd ( now Mumbai in! Marlborough ethical Fund, Millfield House Foundation and PGGM has shares in Vedanta should sell them today they! Call option to acquire the government of India was settled in Jan 2010. [ 17 ], counts! Other shareholder is ZCCM Investment Holdings plc government purchasing irregularities FY 2019 in such an ecologically area! Mining company with its headquarters in London, England, it acquired Anglo-American 's of. ] the initiatives were undertaken in partnership with the British government and non-governmental organizations ( NGOs ) 100.0 of.
Accomplishment Meaning In Urdu, Atlanta Steam Website, The Life And Adventures Of Santa Claus Play, Jessica Mauboy Australian Idol Winner, University Athletic Association Staff Directory, National Trust Cottages, Guernsey, Wy Weather, Uzhhorod National University Reviews, What League Are York City In, Spider-man Web Shooter Price, App State Coach 2019, Are You Satisfied Chords, 1200 Cad To Euro,