Fortis Inc. FTS recently announced its new five-year capital investment plan for the 2021-2025 period. These investments will aim at providing safe, reliable and affordable services to the company’s customers, support its investment-grade credit ratings and dividend growth, and add stability to its shareholders.

Moreover, the company issued an update on its carbon emission cutback plans along with dividend policy.

Capital Investment Plans

Update on 2020 Plans: Major capital projects remain on track and are progressing per the plan. The utility’s current-year capex of $4.3 billion remains on target and is likely to grow its rate base this year by approximately 8%.

Future Plans: The electric utility plans to invest $19.6 billion in the 2021-2025 period, increasing $800 million from the prior year’s plan. Of nearly $20 billion, $5.1 billion is reserved for electric transmission infrastructure at ITC Holdings Corp. while $4.4 billion is likely to be spent on Fortis’

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Multiplex major PVR has deferred its capital expenditure plans in a bid to control costs as the company braces for a significant impact on its profitability in the current fiscal due to the ongoing Covid-19 pandemic.

Cinema halls in India have remained shut since March this year, after the government imposed nationwide lockdown to check the spread of Covid-19.

“We have temporarily deferred a substantial portion of our planned capital expenditures that we were undertaking, prior to the shutdown. All major capital expenditures will now be re-assessed once the shutdown is over,” PVR Ltd Chief Operating Officer (CFO) Nitin Sood said in the company’s Annual Report for 2019-20.

PVR owns a network of 845 screens across 176 properties in 71 cities in India and Sri Lanka.

In 2019-20, PVR added 87 screens to its portfolio.

PVR, in its annual report, said since cinema exhibition is its only business segment, the

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New York, NY – ( NewMediaWire ) – September 02, 2020 – With the coronavirus pandemic currently wreaking financial havoc across the globe, an increasing number of people are looking to  find alternative investment strategies  through which they can minimize their risks as much as possible. In this regard, it is worth noting that ‘asymmetric investing’ is a strategy that makes use of several alternative trade philosophies — as a result of which the payoffs involved are also quite unpredictable.

To be even more fundamental, asymmetric investing refers to a probability or outcome of a trade that can generate “more profit than loss or risk taken to achieve the profit” — which is a simple way of saying that the overall upside associated with a particular deal quite heavily outweighs the potential downside loss.

What is Insider?

In its most basic sense, CapEX Insider can be thought of as a 

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