Coal Stocks
Coal Stocks
The Coal based thermal power plants and the need for alternate energy sources for Green India
The complete article is also available at
http://probebusiness.blogspot.com/2009/12/greener-side-of-greener-india-newer.html
There was certainly an element of surprise in the market when the Indian GDP numbers for the September 2009 quarter were released. India had clocked a record GDP growth of 7.9 percent as against the market expectations of 6.3 percent. The Indian bellwether indexes Sensex and Nifty reached new highs for the year after the announcement of GDP numbers.
India is witnessing a rapid economic growth, and so with it are the growing energy needs of the country. Power demand in the country touched an all-time high of 99,027 MW recently, a year-on-year growth of over 16%. This is in sharp contrast to the situation in US where the overall power consumption is expected to decline by over 1.4%. According to forecasts from Mckinsey and company[2008], India’s demand for power is set to soar to as much as 315,000 MW by 2017 at an average GDP growth rate of 8% per year, which is more than double the demand for power from now. To meet these humongous energy demands the nation has to scale up rapidly its power generating sources.
Currently the power needs of India are primarily met by Thermal power stations followed by Hydro, Renewable (mainly Wind) and Nuclear power stations. Thermal power stations account for nearly 60% of India’s total power generation and these power stations are predominantly Coal based.
India has got domestic reserves of Coal but unfortunately around 80% of coal available in India is characterized by high ash content of 35-45%. Burning of this inferior quality coal, results in higher Carbon emissions and lesser efficiency. It also releases hazardous substances like Nitrogen Oxide, Sulphur Oxide, particulate matters, bottom ash and Fly ash. Causes of several diseases like Asthma, Tuberculosis, Black lung, kidney diseases and many more have been attributed to these emissions. Coal mining which is done to extract coal to feed into thermal plants is also hazardous. A Coal mine fire detected in Jharia of Jharkhand state for which illegal coal mining has been blamed, has now risked life of more than 80,000 people and the govt is looking for evacuation and rehabilitation measures. The environmental problems caused by burning and mining of coal are unrelenting.
The operations of Thermal power stations aren’t going good either. The plants are now facing newer problems due to insufficient domestic coal supply. India is experiencing shortages in the production of domestic coal and has now started to import coal. Recently around 23 Thermal power stations including the Super thermal power stations like NTPC faced critical coal stock levels and had to cut down their production levels. The power cuts were imminent. As per a study India Inc has supposedly lost Rs.43,205 crore in 2008-09 due to power outages. There are also growing fears now that at the current rate of coal consumption the coal reserves of India may get exhausted by 2040 and India may have to to depend entirely on coal imports.
Relying on imports for domestic energy production?? This is a serious energy security concern for India and is in stark contrast to India’s energy independence plans. To recall on the eve of the 59th Independence Day, the President of India had emphasized that energy independence should be India’s first and highest priority, and the nation must be determined to achieve this within 25 years. The President had called for ‘‘an economy which will function well with total freedom from oil, gas or coal imports’’. To achieve energy independence, India has to reduce its reliance on energy sources based on imported fuels and look for indigenous sources of power generation.
If not for the reasons of environmental pollution and global warming, at least for the costs of operating, shortages of coal supply and for achieving energy independence, India has to move aggressively towards non coal based power generation sources. The alternatives available for non coal source are not only much efficient but also much greener. The important ones among the alternatives are Solar Energy, Nuclear Energy, Wind Energy, Natural gas and Biomass. The Carbon emissions from these sources are significantly low compared to Coal based thermal power stations. To satisfy the humongous power demands of the nation and hence for the economic development of India, Going Green seems to be the only way to go.
Colin Whitehead Says BHP Strikes May Drive Coal Prices Higher.flv
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Stock weigh belt feeder coal boiler feeder metering $5,500.00 |
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NHL HHOF’er H. Montagu Allan Signed Coal Company Stock $1,529.99 |
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TITANIC PROPS – TICKET, Signed PHOTO, STOCK, COAL, BOOK, POSTER, UACC, COA +MORE $875.00 |
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THE RACKET BROOK COAL COMPANY STOCK CERTIFICATE BOOK $599.95 |
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Bergen Oil & Coal Co. Stock Issued To Charles Pfizer $375.00 |
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Old Stock Certificate AUSTIN GAS LIGHT & COAL COMPANY 1891 Mining TEXAS Graphic $285.00 |
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Old Stock Certificate DERING COAL COMPANY 1905 Mining Miners GRAPHIC Engraving $175.00 |
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1908 Bell-Union Coal and Coke mining stock certificate $149.99 |
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The Colorado Coal and Iron Development Company Stock Certificate, 1894 $129.00 |
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1912 STOCK CERTIFICATE Lackawanna Coal and Lumber Company~WITH REORGAN STATEMENT $120.00 |
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Lehigh Coal and Navigation Co. Stock Cert's $100.00 |
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Hazleton Coal Company Pennsylvania stock certificate $99.99 |
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LEHIGH COAL & NAVIGATION CO1933 FRAME STOCK CERTIFICATE $99.95 |
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Antique Print-ROBERT MACAIRE-4-VENDOR OF SHARES-STOCK-COAL MINES-Daumier-1840 $97.50 |
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Old Japan stock–coal mine Co Ltd-3 dif-1920 $89.00 |
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CANADA NORTHERN LIGHT POWER & COAL stock certificate $79.99 |
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Tennessee Coal, Iron & Railroad Company stock $79.99 |
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Marklin HO -DB Coal Container 2 Car Set – New Item in Stock! $79.98 |
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1890 Stock Certificate: Montauk Gas Coal-Long Island NY $75.00 |
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1830 Mining Stock Certificate-Thomaston Coal Mineral-MA $75.00 |
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Lehigh Coal And Navigation Company-Railroad Stock Certificate-Civil War Era-1865 $74.95 |
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Marklin HO -DB “Coal Tubs” 2 Car Set – New Item in Stock! $74.95 |
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Various Coal, Oil and Gas, Tobacco and Financial Stock Certificates $69.00 |
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VINTAGE 1930s NORTH HUDSON COAL COMPANY STOCK CERTIFICATE BOOK $59.99 |
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Old Japan stock–coal mine Co Ltd-2 dif-1920 $59.00 |
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Old Stock Certificate JENSON COAL PRODUCTS COMPANY Mining 1930 Utah Flag Tracy $58.00 |
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1902 Empire Oil, Coal & Iron Texas stock certificate $49.99 |
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RARE CIRCA 1900 PEET’S CARTRIDGE SOAP – FOR COAL MINING – NEW OLD STOCK!! $49.99 |
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‘Mahoning Coal Railroad’ Stock Certificates – 10 PIECES $49.99 |
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5 shares Mahoning Coal Railroad Company Framed Stock Certificate 1954 $49.99 |
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Bachmann G Scale Train (1:22.5) Thomas & Friends Rolling Stock Coal Wagon 98003 $48.75 |
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TENNESSEE COAL, IRON AND RAILROAD COMPANY….1884 STOCK CERTIFICATE $47.50 |
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1850 PROOF Mining Stock Certificate: NY-Farmington Coal $45.00 |
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Riverside Iron & Coal Company of Scranton Stock Certificate Pennsylvania Mining $44.99 |
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POLA HO SCALE COAL STOCK FACILITY! MINT! 671 $44.95 |
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US Stock certificate 1928 Lehigh Coal And Navigation Co $43.00 |
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CAMBRIA COUNTY COAL CO PREFERED STOCK CERTIFICATE UNUSED MINING VIGNETTES $42.50 |
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India Very Old Nazira Coal Company Share Certificate Stock Bond $40.95 |
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Mahoning Coal Railroad Co. stock $37.00 |
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Hornby R6367 00 Gauge Coal train: 3 x EWS Open wagons Railroad Rolling Stock $35.69 |
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Braceville Coal co. RR Stock Certificate (Chicago,Milwaukee & St Paul) ILL $34.95 |
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Glen Alden Coal Company Stock Certificates–3 Different $33.00 |
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India 1956 Khas Govindpur Coal Co. Ltd.Share Certificate Stock Bond $32.76 |
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THE DUNDEE COAL COMPANY…..UNISSUED STOCK CERTIFICATE $31.00 |
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1890 Madison Coal Company Stock Certificate – Illinois $30.00 |
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USA MILL CREEK COAL & COKE COMPANY stock certificate 1905 $29.99 |
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FRANCE ANICHE COAL MINING CO stock certificate 1939 $29.99 |
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FRANCE COAL RAILROAD OF VAR stock certificate 1873 $29.99 |
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SPAIN COAL MINES OF UJO-MIERES stock certificate 1904 $29.99 |
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Evansville Terre Haute Coal Branch Railroad Bond Stock $29.99 |
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Stock Piling Coal – 24W x 16H – Peel and Stick Wall Decal by Wallmonkeys $33.99 WallMonkeys wall graphics are printed on the highest quality re-positionable, self-adhesive fabric paper. Each order is printed in-house and on-demand. WallMonkeys uses premium materials & state-of-the-art production technologies. Our white fabric material is superior to vinyl decals. You can literally see and feel the difference. Our wall graphics apply in minutes and won’t damage your paint or l… |
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Drolet Fireplace Wood Insert, Model# DB03120 Transform your old masonry fireplace into a high-efficient heat source! Easy to install and easy to light. Requires a fireplace opening of 29in.W x 14in.D x 21.5in.H. Addition of the 29in. x 44in. faceplate is necessary. Product Type: Fireplace insert, Heating Capability (sq. ft.): 1,600, BTU Output: 39,000, Blower Included: Yes, Blower (CFM): 130, Blower Power Supply (Volts, Amps): 110, Heat Sett… |
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Trading Natural Resources in a Volatile Market featuring commodities energy expert Kevin Kerr $11.49 Kevin Kerr’s unparallleled expertise in futures and commodities has made him a regular contributor to news outlets like CNN FM, CNBC and CBS Marketwatch, where he has been quoted in over 500 articles…. |
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How to Call the Top in a Stock and Earn 9-11% Annualized Cash Yields Doing It with lecturer Dan Ferris:Expert in Commodities and Energy $19.77 Hear how the best trading opportunities literally scream from newspaper headlines and corporate announcements. Mergers, acquisitions, spin-offs, liquidations, and other corporate “events” do more to teach us of true value than all of the research and modeling combined. This presentation asks the viewers to consider themselves from the humble positions of “OPMI’s”… Outside, Passive, Minority, Inv… |
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Charlie Rose – Barton Biggs / Steven Chu (March 9, 2009) $24.95 Barton Biggs and a look at the stock market || A conversation with Steven Chu, United States Secretary of EnergyThis product is manufactured on demand using DVD-R recordable media. Amazon.com’s standard return policy will apply…. |
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Neutrogena T-Gel Therapeutic Shampoo, Extra Strength, 6 Ounce $10.29 4% Neutar (coal tar 1.0%). Controls redness, intense itching and flaking of severe scalp conditions. Starts working after just one use. Dandruff, psoriasis, seborrheic dermatitis. No. 1 dermatologist recommended medicated shampoo brand. Neutrogena T/Gel Extra Strength Formula Therapeutic Shampoo is recommended by dermatologists to effectively control even the most resistant scalp conditions. Conta… |
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Neutrogena T-Gel Shampoo Neutrogena T/Gel Shampoo Original (New Scent) starts to work on contact, to help control itching and flaking from the first use. Recommended by dermatologists for chronic Scalp Psoriasis, Seborrheic Dermatitis and even common Dandruff. Clinical tests prove that the active ingredients in T/Gel Shampoo Original continues to work for hours even after the shampoo is rinsed off. Gentle and pleasant to … |
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DHS Tar Gel Shampoo (8 oz) DHS Tar Gel Shampoo controls symptoms of psoriasis, seborrheic dermatitis & dandruff. Pleasant to use and gentle to your hair. Scented. Stock up and save 10%!!… |
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Bigjigs Single Wooden Train Rolling Stock (Big Coal Wagon) $5.99 This long based coal wagon, with two coal pieces, is a great addition to any additional railway system. It doesn’t just have to carry coal, M&M’s would also be good! 3 Years +… |
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Bachmann Trains 55-Ton 2-Bay USRA Outside Braced Hopper With Removable Coal Load – Clinchfield $18.36 With removable coal load… |
