How is the market cap and valuation of NTPC Green Energy Limited (544289) - Free Stock Market Entry & Exit Signals

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How is the market cap and valuation of NTPC Green Energy Limited (544289) ✌️【Value Investing】✌️ Free stock market analysis and real-time data to help you select the best investment portfolio and achieve stable returns. An engineering firm hired forChamplain Towers South’s milestone recertification found “deep” concrete deterioration near the pool but couldn’t perform repairs, in part, because of concerns about stability, according to an October letter.

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Because the pool couldn’t be closed and Morabito had stability concerns, tower management was advised that work in the pool area “would be limited to removal of only loose concrete,” the letter said.

How is the market cap and valuation of NTPC Green Energy Limited (544289) ✌️【Value Investing】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. Morabito also directed Concrete Protection & Restoration Inc. to perform “exploratory demolition” in five areas on the building’s first floor, and CPR found “some curious results as it pertained to the structural slab’s depth,” the letter said, without elaborating.

How is the market cap and valuation of NTPC Green Energy Limited (544289) ✌️【Value Investing】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. The nine-page letter summarizing the work, which was addressed to condominium association board president Jean Wodnicki and property manager Scott Stewart, is yet another indication ofproblems with the building’s concrete. The concrete in the pool and underground garage area is increasingly becoming a focus as engineers and government officials work to learn what caused the June 24 partial collapse in Surfside, Florida, that killed at least 20 people and left another 128 unaccounted for.

How is the market cap and valuation of NTPC Green Energy Limited (544289) ✌️【Value Investing】✌️ Professional investment advice with real-time updates on stock indices and futures data. Stay ahead with expert predictions and market insights. Still, there’s no indication thus far that concrete deterioration played a role in the collapse, but several engineers have told 【 - Free Stock Market Entry & Exit Signals 】 that it’s one of multiple factors to consider in investigating the disaster.

How is the market cap and valuation of NTPC Green Energy Limited (544289) ✌️【Value Investing】✌️ Free break-even services and stock analysis to help you recover quickly from losses and increase your chances of making profitable investments. Morabito inspected Champlain Towers South in 2018 as part of the building’s 40-year recertification – a stringent process for upgrades and improvements enacted after Hurricane Andrew in 1992. The firm found that failed waterproofing beneath the pool deck caused “major structural damage to the concrete structural slab” and warned of rapid deterioration if it wasn’t promptly replaced, according to its report.

In April, Wodnicki warned residents that “the concrete deterioration is accelerating,” with some areas having gotten worse since the 2018 inspection. Wodnicki’s letteroutlined millions in repairsthat the condo association later approved.

How is the market cap and valuation of NTPC Green Energy Limited (544289) ✌️【Value Investing】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. The 2018 report did not indicate the structure was at risk of collapsing, nor did Wodnicki’s letter to residents.

In the October letter, Morabito said repair work could not be done because it would “affect the stability of the remaining adjacent concrete constructions.”The firm did not specify which constructions might be destabilized, and it’s unclear if the engineers meant nearby buildings or other structures within Champlain Towers South. But the firm noted concrete deterioration deep within the pool’s wall and corbel, a type of support structure, requiring “aggressive excavation of concrete.”

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How is the market cap and valuation of NTPC Green Energy Limited (544289) ✌️【Value Investing】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. Among other work done, according to the letter: CPR replaced the bottom of a deteriorating stair column base with hollow steel structural sections; conducted exploratory demolition on the underside of an eave that required “removal and reconstruction”; and removed all loose “cracked, spalled, deteriorated, and delaminated concrete” and damaged stucco from the underside of balcony eaves on 114 of the building’s 136 units, the letter said.

How is the market cap and valuation of NTPC Green Energy Limited (544289) ✌️【Value Investing】✌️ Free stock selection service with expert predictions and real-time market insights, providing you with the best investment strategies for long-term success. According to the letter, CPR also performed exploratory demolition on five 3-square-foot sections of the building and planned to demolish paver systems at the pool deck, concrete in the parking area and drive aisle, and the planters down to the existing waterproofing layer – all of which were cited in the 2018 report and the April letter to condo owners.

Photos accompanying the report included the rusty stairwell column that was replaced, the pool corbel’s “loose, cracked, spalled deteriorated concrete” and exposed rebar, water damage to balcony eaves, and other damage to eaves and stucco on the building.

How is the market cap and valuation of NTPC Green Energy Limited (544289) ✌️【Value Investing】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. Morabito Consultants did not respond to 【 - Free Stock Market Entry & Exit Signals 】’s request for comment on the letter, but it has defended its work at the tower in previous statements.

CPR in a statement Friday said the company did not repair or restore concrete in 2020 on Champlain Towers South.

It said: “Our company was contacted by the Champlain Towers South Condominium Association in 2020 to assist Morabito Consultants in their investigations relative to the building’s 40-year recertification project. Concrete Protection & Restoration, LLC did not undertake any actual concrete repair or restoration work on the Champlain Towers South building in 2020.

“Our services on this project were directed by Morabito Consultants so they could evaluate the building for its 40-year recertification. We removed loose, cracked, spalled, deteriorated and delaminated concrete from the balcony soffits of 114 units as well as pool corbels to prevent it from falling, and removed all deteriorated, debonded and falling stucco from balconies. We also did exploratory services that involved removing pavers on the patio deck to allow the engineers to see conditions underneath and removing the false ceiling in the front parking area to enable the engineers to see the underside of the slab. Additional exploratory services included taking core samples from locations identified by Morabito Consultants so their engineers could analyze the existing condition of the concrete.”

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