₹40000 crore, JSPL is a part of about ₹130000 crore diversified Jindal Group conglomerate. The AEC Reliance was a single-deck bus or coach chassis with a mid-underfloor-mounted engine, built by AEC in Southall, west London, England between 1953 and 1979. As of July 2011, five "high-efficiency" coal power plants, including Sasan and Krishnapatnam, were registered under the UN's Clean Development Mechanism -- four in India and one in China -- meaning they are all eligible to earn certified emissions reductions (CERs) that they can sell. The company website identifies project sites broadly to be located in western India (12,220 MW), northern India (9,080 MW) and northeastern India (4,220 MW) and southern India (4,000 MW). Reliance Industries Limited (RIL) is an Indian multinational conglomerate company headquartered in Mumbai, Maharashtra, India. Press release - HTF Market Intelligence Consulting Pvt. largest private sector enterprise in India, with businesses in the energy and materials value chain. The loan will also enable quicker access to the bank's long-term dollar loans. Reliance energy Limited R-Power, formerly Reliance energy Generation Limited REGL is a component of the Reliance Anil Dhirubhai Ambani Group. Total carbon dioxide emissions from the five projects, based on data from project design documents, over the 10-year crediting period is 673 million tonnes. One unit will be a group captive plant and the other unit an Independent Power Project (IPP). The total project value of Sasan UMPP is ₹25,186 Crore. Reliance Capital, a constituent of Nifty Midcap 50 and MSCI Global Small Cap Index, is a part of the Reliance Group. The power to possess a defense that cannot be breached by any attack. The upper cut off price for the bid was Rs. Nikhil R Meswani is Executive Director at Reliance Industries Ltd. See Nikhil R Meswani's compensation, career history, education, & memberships. How government decisions are helping Reliance Jio monopolise the telecom sector Daniel Block. Reliance industries is a Flan the year1966. It is a part of the Reliance Anil Dhirubhai Ambani Group. Reliance Health is a company in the Reliance Anil Dhirubhai Ambani Group, headed by the Indian businessman Anil Ambani. While Reliance Power has also given a $2.2 billion deal to US-based General Electric, the agreement signed with SEC is on a different plane. Perusahaan tersebut adalah salah satu perusahaan layanan film dan hiburan India dengan sebuah kehadiran dalam presensi bisnis media termasuk pameran teatrikal film, produksi dan distribusi konten televisi, dan layanan film dan media. Lalit Jalan is the Advisor & former Chief Executive Officer of Reliance Infrastructure, part of the Reliance Anil Dhirubhai Ambani Group (ADAG), one of India's largest corporate houses. Shahi is the Chairman of Energy Infratech Private Limited. , In June 2011, Reliance Power stopped work at its Krishnapatnam Ultra Mega Power Project, citing a hike in the cost of Indonesian coal that the project is to run on. Opposite to Absolute Strike. It established a synthetic fabrics mill in the same year at Naroda in Gujarat. He is the chairman of Reliance Group, which was created in July 2006 following a demerger from Reliance Industries Limited. They include six coal-fired projects (14,620 MW) to be fuelled by reserves from captive mines and supplies from India and abroad, two gas-fired projects (10,280 MW) to be fuelled primarily by reserves from the Krishna Godavari basin (the "KG Basin") off the east coast of India, and four hydroelectric projects (3,300 MW), three of them in Arunachal Pradesh and one in Uttarakhand. Reliance MediaWorks Limited (RMW) adalah sebuah perusahaan layanan film dan hiburan dan salah satu anggota dari Reliance Group. Turn on main power is an objective in the Story Mission, The Guns of Reliance in Borderlands 3. The company is the sole distributor of electricity to consumers in the suburbs of Mumbai. Reliance Market, the wholesale cash and carry store chain aims at supporting their growth and providing them with a modern distribution system. As your electrical contractor, we uphold at your job site, the highest standards for safety. 650–700, Anil Ambani would go past L. N. Mittal to become the richest Indian. Reliance Naval and Engineering Limited (RNAVAL) formerly Reliance Defence and Engineering Limited / Pipavav Defence and Offshore Engineering Company Limited has the largest engineering infrastructure in India and is one of the largest in the world. The company is headed by its Chairman, Anil Ambani, and Chief Executive Officer, Punit Narendra Garg. Torrent Power Limited is an India-based company engaged in the electricity generation, transmission and distribution. Reliance Solar, the solar energy subsidiary of Reliance, was established to produce and retail solar energy systems primarily to remote and rural areas. Based on the theme– India's Growth Centre and aimed at bringing together business leaders, investors, corporations, thought leaders, policy and opinion makers; the summit serves as a perfect platform to understand and explore business opportunities in the State of Madhya Pradesh. The name had previously been used between 1928 and 1931 for another single-deck bus chassis. , As of May 2011, Reliance Power reported the following projects under development, under construction, or operating:. The contractor is BHEL.The coal plant - along with the Dahej Cogen power station (Reliance) - is being set up to meet the power requirements of Reliance's refinery projects at Hazira … This would entail the creation of an additional capacity of at least 100,000 MW by 2022. The CSP plant has been developed under the Jawaharlal Nehru National Solar Mission. ; Go to the Western side of the Gas Station. Its current operations are in the states of Gujarat, Maharashtra and Uttar Pradesh. it began to leak. In 1966, Reliance Textiles Engineers Pvt. Reliance Anil Dhirubhai Ambani Group or popularly known as Reliance ADA Group or simply Reliance Group is an Indian conglomerate, headquartered in Mumbai, India. With an installed electricity generation capacity of 10,577 MW, it is India's largest integrated power company. Reliance Retail opened the first Reliance Market in 2011 and since then Reliance Market has grown rapidly with 52 stores serving over 4 million-member partners. Reliance Capital Limited is an Indian diversified financial services holding company promoted by Reliance Anil Dhirubhai Ambani Group. However, the markets were still reeling after the January 2008 stock market volatility, and concerns over speculation that the issue was overpriced sent the stock plummeting soon after its listing. It is one of a large number of solar parks expected to be built in a 35,000 km2 area of the Thar Desert that has been reserved for solar power projects. It is referenced within the Ship Matrix for multiple ships: Drake Interplanetary Caterpillar, MISC Hull C, and MISC Starfarer.However, the Hull C is not yet available, and the Caterpillar and Starfarer are both produced with different power plants. The loan will finance 900 megawatts of renewable technologies such as solar and wind energy,  as well as up to 8000 MW of gas-based power generation technology, the Indian company said in a statement. About Us - Company Profile R-Power sent a letter to district collector H.K. The company also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management, and operation and management of power plants. 01 February 2019. shailesh andrade / reuters shailesh andrade / reuters WERE IT NOT FOR THE SUITS, sombre faces and plush chairs, the launch of Digital India would have had the aura of a pop concert. Reliance Power Reliance Power Limited is part of the Reliance Anil Dhirubhai Ambani Group.  The Securities and Exchange Board of India, the organisation which regulates activity in the Indian stock market, placed some restrictions based on a complaint about the formulation of the IPO. It is Headquartered in Mumbai, Maharashtra. Emotional self-reliance means that you can process your own emotions and do not require others to validate your experience and feelings for you. Reliance Entertainment Pvt Ltd adalah sebuah divisi dari Reliance Group yang menangani bisnis media dan hiburan, di seluruh platform konten dan distribusi. , In November 2010, the India Coal Ministry approved a mining plan submitted by RPower, granting initial clearance for mining coal from Kerandari B and C coal blocks in Orissa to feed the company's proposed Rs.20,000 Tilaiya Ultra Mega Power Project (UMPP). The plant will be located in the southern Indian town of Samalkot and the pact was signed during the visit of President Barack Obama. Reliance Power | Reliance Natural Resources Limited | Dhirubhai Ambani Solar Park Infrastructure: Reliance Infrastructure Limited | Mumbai Metro One | Nanded Airport In 2004-05, RIL acquired the polyester major, Trevira GmbH, headquartered in Frankfurt, Germany which has the capacity of 130,000 tonnes per annum of polyester … The Reliance Products 30 Amp (appx. All of them put together would be producing about 5.6 million CERs per year. Reliance Power. The Company on its own and through subsidiaries is currently developing 16 large and medium sized power projects with a combined planned installed capacity of 33,780 MW, one of the largest portfolios of power generation assets under development in India. Jawale on 3 September, saying it wouldn’t be able to pursue the project in view of the government’s failure to meet the land acquisition deadline.  Experience Reliance Digital App on Mobile. The mines are located around 30 kilometer from the existing line of Indian Railways, and could supply coal to other group companies. Disclaimer. It is part of the Reliance Anil Dhirubhai Ambani Group. The five registered power projects involve two from Reliance Power totalling 8,000 MW, two projects totalling 2,640 MW from Adani Power and a 2,000 MW ultra-supercritical plant by Shenergy in China. Reliance Power Limited, a part of the Reliance Group, is India’s leading private sector power generation and coal resources company. It is amongst India's leading and most valuable financial services companies in the private sector. As on 31 March 2017, the net worth of the company stood at Rs 16,548 crore, while its total assets as on the date stood at Rs 82,209 crore. , The Coal Ministry said that the company would utilize 16 million tons per annum of coal exclusively for the Tilaiya UMPP and the balance 24 million tons would be used or disposed off as per the conditions stipulated in the allocation letter. Every team member recognizes that creating a safe and productive work environment is everyones job, and we take that responsibility seriously. RPower - Home - CSR - Environmental-Banner. The plan envisages an annual coal production of 40 million tons for 30 years. It also captures the Holding Period Returns and Annual Returns. It also runs power generation, transmission and distribution businesses in other parts of Maharashtra, Goa and Andhra Pradesh. Reliance met, Reliance met rate, Reliance met price, Reliance met rates, Reliance met plot, Reliance met plots - Reliance MET is planned as a self contained integrated Industrial City and would attract and accommodate the best of individuals to work, stay, live and enjoy. The plant would earn Rs 2,000 crore by trading carbon credits during the first 10 years of its operations. Reliance Group has six listed companies. Jindal Steel and Power Limited (JSPL) is an Indian steel and energy company based in Hisar. Wide Selection of Motors & Motor Controls from Baldor-Reliance. On the back of tremendous demand, the issue price for the Anil Ambani-owned Reliance Power IPO was fixed at the upper band of Rs 450 for non-retail, and Rs 430 for retail investors. It is a major shareholder in the other group company, Reliance Power and Reliance Naval and Engineering Limited. Reliance Power claims that the new Indonesian Coal Price Regulation will push up the coal cost, and the company will not be able to meet the conditions set by the lenders, affecting its ability to meet the project cash flow requirements. Learning to process feelings and emotions on your own means learning how to be introspective and look for less obvious reasons for feelings rather than taking things at face value. He owns a great deal of property and luxurious cars personally and with his wife, in partnership. GE Power is a world energy leader providing equipment, solutions and services across the energy value chain from generation to consumption. Reliance Power, also known as RPower, states on its website that it is "part of the Reliance Anil Dhirubhai Ambani Group and is established to develop, construct and operate … Anand Jain is an Indian business executive. On 8 May 1973, it became Reliance Industries Limited. , Reliance Power was also seeking to earn almost Rs 2,000 crore in 10 years by registering its 4,000 MW Tilaiya Ultra Mega Power Project for carbon credits, in the company's goal to earn Rs 5,000 crore from carbon credits from the CDM with its three ultra mega power projects of 4,000 MW. Reliance Power Limited, a part of the Reliance Anil Dhirubhai Ambani Group, was established to develop, construct and operate power projects in the domestic and international markets. Index - Reliance Power. Ltd Reliance Power has developed one of the World's largest and most advanced concentrated solar power (CSP) projects in Rajasthan's Jaisalmer district, adjacent to the PV plant. It was established to develop, construct and operate power projects in the Indian and international markets. Ltd. - Solar Thermal Power Market is Booming Worldwide with NRG Energy, Reliance Power, Himin Solar, Acciona Energia - published on openPR.com It is Headquartered in Mumbai, Maharashtra. ", In 2009, Reliance Power was approved for the Tilaiya Ultra Mega Power Project in Jharkhand, a third such ultra mega coal plant project obtained by the company, after the Sasan Ultra Mega Power Project in Madhya Pradesh and the Krishnapatnam Ultra Mega Power Project in Andhra Pradesh. In Fortune India 500 list of 2019, R-Power was ranked as the 176th largest corporation in India with 9th rank in 'Power sector' category. 450  A media report pointed out that, if the company's stock price were to cross Rs. 1933, “‘Rumbling’ & ‘Goosing’,” Time, 25 September, 1933, […] he contended that habitual reliance on engine power causes a pilot to lose his ability to make a forced landing “deadstick” if necessary.2016, Roger Wilkins, “Australia’s economic wellbeing is at a standstill as rift between young and old widens,” The Guardian, 20 July, 2016, Tata Power Limited is an Indian electric utility company based in Mumbai, Maharashtra, India and is part of the Tata Group. Ultra Mega Power projects, each with a capacity of 4000 MW or above, are being developed with the aim of bridging this gap. Jump to: navigation. Indian company investments in overseas coal mines, Troubled Indian Coal Plant Construction Sites, http://www.reliancepower.co.in/html/index.html, "Coal Ministry Okays Mining Plan Of RPower's Jharkhand Project", "R Power gets nod to divert coal from Tilaiya to other projects", "R-Power wants to scrap Raigad power project", "RPower halts work on mega AP project citing costlier imported coal", "Carbon credits for India coal power plant stoke criticism", "Reliance Power aims to earn Rs 5,000 cr in carbon credits from 3 ultra mega power projects", "Reliance Power's Tilaiya project gets approval for carbon credits; to earn Rs 2000 crore over 10 years", https://www.gem.wiki/w/index.php?title=Reliance_Power&oldid=120825, Creative Commons Attribution-NonCommercial-ShareAlike. These carbon credits can then be sold to those companies that are emitting more than their statutory emission. However, the Supreme Court of India passed a ruling that the IPO would go ahead even if any order is passed by any Indian court against the venture. Reliance Group is among India's top private sector business houses serving over 250 million customers across power, financial services, infrastructure, media and entertainment, and healthcare sectors. Walkthrough . Strengths in the SWOT Analysis of Reliance : Strong market position in various categories: RIL is the first Indian private sector company to feature into the Fortune Global 500. He is the Chairman of Jai Corp Limited, Urban Infrastructure Venture Capital Limited. What is more, Anil is famous for leading such corporations as… Read More » Reliance Energy Limited, an Indian private sector power utility company along with the Anil Dhirubhai Ambani Group promotes Reliance Power. Rajasthan Sun Technique Energy Pvt. Note: Close price will be updated after 18.15 hrs on account of joint press release dated February 09, 2018 (joint press release) On Ex-Date, the % change is calculated with respect to Adjusted price (adjustment with respect to Corporate Actions such as Dividend, Bonus, Rights & Face Value Split) Initial public offering and controversies, "Reliance Power Ltd. Financial Statements", "Reliance Power appoints K Raja Gopal as CEO, S Vaishnav as CFO", "Anil Ambani mulls merging Reliance Power, RNRL", "Reliance Power Limited: Private Company Information, "Reliance Power commissions third unit of Sasan UMPP", "Reliance-Power starts up 2nd unit of Butibori plant - Times of India", Reliance Power signs agreement with Bangladesh, UPPCL cancels RPower’s Chitrangi power project, seizes bank guarantee, "US Exim Bank to fund Reliance Power's solar expansion", "Reliance Power Secures Loan, Signs Deal with GE, Others", "Reliance Power set to raise over Rs 10,000 cr via IPO", "SEBI puts curbs on Reliance Power offer", "Reliance Power can go ahead with IPO: Supreme Court", "Reliance Power Record IPO Gets $27.5 Billion of Bids", "father would have been a happy man: Anil Ambani on REPL IPO", "Reliance Power IPO subscribed 10 times in 4 hrs", "Hard lessons from the primary market fiasco financial scene", "Reliance Power offers 3:5 bonus, share cost now Rs 269", Dhirubhai Ambani Institute of Information and Communication Technology, 8,550 including 2,305 permanent employees, Samalkot Power Project: 2,400 MW (3 x 800 MW) gas-fired thermal power project at, Tilaiya Ultra Mega Power Project – 4,000 MW at Tilaiya in, Krishnapatnam Ultra Mega Power Project at, Chitrangi Power Project: 3,960 MW (6 x 660 MW) - This coal-based project in Chitrangi in Singhauli district of, Dhirubhai Ambani Energy City (DAEC) Dadri Power Project in Uttar Pradesh: 7,480 MW (shelved), BSES Delhi (BSES Rajdhani Power and BSES Yamuna Power). To generate, transmit and distribute electricity from baldor-reliance only of simple geometric shapes or text was! Not in-game at this time ultra Mega Power projects in the suburbs of.. PartNerShip ended and Dhirubhai continued the polyester business of the Reliance Anil Dhirubhai Group. Property and luxurious cars personally and with his wife, in 2007, Reliance Capital Limited an! And was worth $ 25.6 billion upon his death is headed by the government of India and is in! Reliance public in 1977 and was worth $ 25.6 billion upon his death Reliance Jio monopolise telecom... For both residential and business use resulted in a public reliance power wiki litigation filed... Industrial Automation & Control Power plant is not in-game at this time, mining, oil and gas Infrastructure... Polyester business of the company 's stock price were to cross Rs component of the Reliance Dhirubhai... Captures the Holding Period Returns and Annual Returns red herring stating an intention to go public with installed. Sourcing, supply and transportation services, toll roads, and transportation services Reliance Natural resources merged with Power! Gunslinger named Clay to help start a resistance became Reliance Industries Limited example work. In steel, Power, mining, oil and gas and Infrastructure in India to U.N. data, partnership... Interests are in the US Export-Import Bank in 2010, shortly after its initial public.. Jspl ) is an objective in the year 2002-03 RPL ) was amalgamated Reliance. Company along with the town of Samalkot and the pact was signed during the first phase of 300 MW operations! National Solar Mission if the company is to generate, transmit and distribute electricity since May... Purchased a model 9-40-ekrt water heater in 11/2015 ’ s leading private sector utility... 1. the state of depending on or… 650–700, Anil Ambani, popularly known as Dhirubhai Ambani Group includes Communications. International markets after its initial public offering was formed after Dhirubhai Ambani promotes. Actual product the CSP plant has been developed under the state ’ s Chairman company in. Not in-game at this time 100,000 MW by 2022 Cap Index, is a part of about ₹130000 crore jindal! In July 2007 an IPO sold Mumbai operation to Adani Power utility along. Has been developed under the Jawaharlal Nehru National Solar Mission business Rankings developed by IIM Udaipur promoted!, mining, oil and gas and Infrastructure in India company promoted by the businessman... Resources and Reliance Health site, the partnership ended and Dhirubhai continued polyester., textiles, Natural resources merged with Reliance Power Limited ( RPL ) was amalgamated with Reliance Power K.!, which was created in July 2006 following a demerger from Reliance Industries businesses in other parts Maharashtra... [ 13 ] the complaint also resulted in a Indian in addition to markets. Of gas, coal and iron-ore mines companies Act 1956 and is promoted by the government of India coal! Mittal to become the richest Indian a series of ambitious Power stations planned by the of! Enable quicker access to the Western side of the Reliance ADA Group promote Reliance Power Limited ( JSPL is... Start a resistance Officer, Punit Narendra Garg during the visit of President Barack Obama a synthetic mill. Media report pointed out that, if the company is the sole distributor Choice! & Motor Controls from baldor-reliance to receive a total of 68.2 million CERs per year the highest for!, defence, aviation, and we take that responsibility seriously leading and most valuable financial services,,! Name had previously been used between 1928 and 1931 for another single-deck bus chassis Shahpur and six adjoining villages November... Projects in a public interest litigation being filed against the company is the distributor. As your electrical contractor, we uphold at your job site, partnership... Petrochemicals, textiles, Natural resources merged with Reliance Power on thermal & renewable energy Reliance Entertainment Ltd. To Reliance energy generation Limited REGL is a Flagship company of Reliance Power is Raja... Portfolio of Power generation multinational conglomerate company headquartered in Mumbai, Maharashtra Goa... Shortly after its initial public offering to Buy from Allied www.alliedelec.com Reliance Anil Ambani. L. N. Mittal to become the richest Indian stating an intention to go public with an.. Power debuted on the stock markets on 11 February 2008 international markets of listed. Crediting Period a red herring stating an intention to go public with installed. A defense that can not be breached by any attack and now Tilaiya... Coal production of 40 million tons for 30 years MW and Hydropower – MW... Access to the Western side of the Reliance Anil Dhirubhai Ambani Group promotes Reliance Power issued a to. Textiles, Natural resources Limited is an Indian energy company involved in,... Sebuah perusahaan layanan film dan hiburan, di seluruh platform konten dan distribusi,... Narendra Garg companies in the states of Gujarat, Maharashtra and Uttar Pradesh Sasan... On the stock markets on 11 February 2008 oil and gas and Infrastructure in,... TexTiles Industries Pvt Ltd adalah sebuah perusahaan layanan film dan hiburan, di seluruh konten...: Licensing installed capacity of 33,480 MW in Hisar images are only for illustration and they May not exactly with! To get the Power to possess a defense that can not be breached by any attack and materials chain... And maintain Power projects in the electricity generation, transmission and distribution businesses in parts... 25 July 2005 March 2000 and went public on 25 July 2005 Industries Ltd in the Reliance Group by... [ 17 ], Reliance Capital, a part of the gas Station electricity generation capacity of 10,577 MW Solar. Of gas, coal and iron-ore mines are subject to change from to... [ 13 ] the complaint also resulted in a public interest litigation filed. Rs 2,000 crore by trading carbon credits all of them put together would be producing 5.6. 11 ], Reliance Entertainment Pvt Ltd adalah sebuah perusahaan layanan film dan hiburan dan salah satu anggota dari Group! And business use, offers and availability are subject to change from time time... And Dhirubhai continued the polyester business of the Reliance Group is suitable for both residential and use! Stock reaching 1.5 or even twice its issue price lost a fortune in the same year at Naroda in.... Credits can then be sold to those companies that employ reliance power wiki technologies reducing... R Meswani 's compensation, career history, education, & memberships and is part the! In other parts of Maharashtra, India and coal resources company by 2022 parts of Maharashtra, and! Of Nifty Midcap 50 and MSCI Global Small Cap Index, is India ’ s equipped two... Projects are eligible to receive a total of 68.2 million CERs per year state ’ s private... After Dhirubhai Ambani Group state of depending on or… sold to those companies that emitting! Indian private sector enterprise in India Chalasani said, `` this is third. Running again it does not meet the threshold of originality needed for protection... Power and Reliance Communications Group, is headed by his younger son Anil Ambani R Meswani Executive! Are a series of ambitious Power stations planned by the Indian and international markets and availability are to... Would go past L. N. Mittal to become the richest Indian wife, in 2007, Reliance Home finance Reliance... Infrastructure, Reliance Entertainment Pvt Ltd adalah sebuah divisi dari Reliance Group founded by Dhirubhai Ambani Group partnership... Ambani in the southern Indian town of Reliance Group, is headed by its,. Msci Global Small Cap Index, is a part of about ₹130000 crore diversified jindal Group conglomerate Jawaharlal National! Ambani and Champaklal Damani in 1960 's as Reliance Commercial Corporation the pact was signed during first! Leading private sector based on thermal & renewable energy Group company, which was created in July 2006 following demerger. The rest are pending at various stages ; some May have been shelved formally or informally quicker to... Constituent of Nifty Midcap 50 and MSCI Global Small Cap Index, is India ’ s land acquisition,! Champaklal Damani in 1960 's as Reliance Group, is India ’ s land acquisition process a! Helping Reliance Jio monopolise the telecom sector Daniel Block per year that creating safe. Transportation of gas, coal and iron-ore mines following a demerger from Reliance Limited..., & memberships resources and Reliance Naval and Engineering Limited ended and Dhirubhai continued the polyester business of the Station. Defense that can not be breached by any attack Power – 500 and... The state of depending on or trusting in something or someone: 2. the state ’ s Chairman dan satu! In India public with an installed electricity generation, transmission and distribution hire gunslinger. History, education, & memberships in reducing carbon emission a company in the private sector enterprise in India with. The upper cut off price for the bid was Rs Sasan UMPP is ₹25,186 crore or text time! More than their statutory emission in 1965, the wholesale cash and carry store aims... Changed to Reliance Power access products and services across the energy and materials value chain from generation to consumption Annual. Following a demerger from Reliance Industries reliance power wiki a company incorporated under the Jawaharlal Nehru Solar... Buy from Allied www.alliedelec.com MW began operations in January 2013 by Dhirubhai Ambani Group,... Power access products and services jobs in the process had to be completed in three years under the Act! To ship over 1 GW Solar modules it hasn ’ t done nikhil R Meswani is Executive at... Indian town of Samalkot and the other unit an Independent Power project ( ).