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Alok Bhatt Profile picture
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6 Oct, 8 tweets, 2 min read
Coal prices 🚀 📈
Natural Gas 🚀 📈

Electricity availability ↘️📉

Fast approaching winters in northern hemisphere 🛬

Europe, China ka “band bajna” is given!

Which other commodity to benefit?

bloomberg.com/news/articles/…
High prices of coal coupled with reduced availability of commodity has already led to unscheduled power cuts in China and prioritising it for home needs; coupled with this Xi’s clean up act is adding more pressure - factories r facing power outage too/ production is falling!
After Oil, Coal, LNG which commodity to run up- Steel, Aluminium?

But more than that, it is share prices of mining stocks; shipping companies that will start reflecting this change sooner or later - in India, u have GE Shipping and Coal India languishing at bottoms for long!
Almost 60% of total power in India comes from coal based power plants - prices are rising world over - only saving grace is that we do have large captive coal mines within the country. So we might face some difficulty but will scrape through, if situation worsens from hereon!
Total requirement of coal for FYbgone by was 678 MT domestic coal and 45.3 MT of imported coal. In September month alone, Coal India produced 40.7 million tonnes of Coal; CIL's production in the April-September 2021 period also increased 5.8 per cent cumulatively to 249.8 MT!
With 10% of requirement coming in from imports; India’s dependency on coal imports is not that huge- much of current shortage was a result of higher than normal power demand during Aug coupled with non payment of dues by various states. Surely situation will ease out gradually
Indian miners owns coal mines across the world- for ex Carmichael coal mines owned by much abused Adani has a production of 10MT;securing supplies to ease out pressure shud not be a huge prob given our imports are only 10% of demand- dependency on imports is not as high as LNG!
There is a reason they hate folks like Adani and Ambani - both have created capacities that act as a cushion in such emergency situations - RIL’s oil and gas empire is India’s big cushion against supply side issues- company of its size has created relationships that help deliver! Image

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More from @alok_bhatt

Alok Bhatt Profile picture
8 Oct
What no one talks about is: how stupidity of Nehru-to placate & massage ego of Rafi Ahmed Kidwai- killed :
1) well developed air transport sector -48 Dakotas used to crisscross India in 1948!
2) possibility of aircraft industry-that Tata/ Walchand wanted
3) Banking/Ins/Mining
AI nationalisation was the template that Nehru used to nationalise :
- Banking
- Insurance - life and general
- Mining

AI nationalisation came despite completely opposite recommendations of Justice Rajadhyaksha Committee report set up in Feb 1950
Govt of India, prior to setting up of the interim Govt, had, in 1943, cleared The Tymms plan to provide for the post-war development of aviation in India. But Abdur Rab Nishtar, communication minister from Muslim League in interim cabinet, rejected it…
Read 14 tweets
Alok Bhatt Profile picture
8 Oct
It is not the challenges on economic/external front,but use of methods & leveraging of elements inimical to Ind by anti-Modi forces,that worry me.

Opposition, in pursuance of its hate for NM, is ready to burn India;before that they played a dangerous game of fuelling pessimism
Knowing very well that PM Modi's biggest support is social media and the vociferous and vocal support he enjoys, they are using a few "up for sale" folks to raise the tempo on civilisational issues. It is for us to realise this game and not fall for their dirty tricks!
That civilisational issues have become mainstream is only because we have PM Modi at the helm of affairs of the country; also his very presence means that civilisational causes have been placed on an aspirational ladder of the resurgence-faith is one aspect but so is Hindu unity
Read 6 tweets
Alok Bhatt Profile picture
7 Oct
A country of our size & complexities is no stranger to challenges/problems, raising its ugly head every now n then; but with @narendramodi’s arrival as PM,country finally got a leader,who people trust as someone capable of pulling the country out of trouble & set on right course!
Last 20 years of his tenure is replete without countless such examples when PM rose to the occasion and managed to deliver to people’s expectations. In this day and age of limited patience amidst sky high expectations, maintaining such trust for 20 years is no small achievement!
Another hallmark of PMs leadership over past 20 years has been his ability to steer & channelise people’s expectations into aspirations, thus giving us a large body of growing aspirations class. The equitable nature of development is ensuring better life for have-nots as well!
Read 7 tweets
Alok Bhatt Profile picture
6 Oct
No matter what we tweet but some people use same line of arguments-303 seats etc etc.

Only if people stop being backseat drivers to a man who completed uninterrupted 20 yrs in public office-13 as CM and 7 as PM & has proved himself by his work achievements, integrity, hardwork!
Mocking, abusing, name calling by so called supporters is most painful. Since yesterday, I have been abused so much for saying that ex gratia announced by UP Govt is applicable to all. I spoke to one of senior members of Yogi Ji’s team n they confined it- yet abuses don’t stop!
State administration must have distributed cheques by now as it was being coordinated at CMO level. But what is bizarre is that abusers, relying on media, kept abusing for merely stating a fact. I can give back as good as I get but then need to maintain decorum!
Read 10 tweets
Alok Bhatt Profile picture
5 Oct
Chances are that most Indians must not have even heard of a Taliban commander and leader @mobeenkhan1231 - he has been making right noises recently for reasons that are not gonna please @OfficialDGISPR and @GovtofPakistan

Let us check why in this thread!
It was @mobeenkhan1231 of Afg Taliban who recently refused to accept the Durand Line, saying

"Afghanistan is our soil and the Durand Line has expired, the area up to Attock is ours & then international community needs to talk about this” - hello @OfficialDGISPR
On the issue of Osama, @mobeenkhan1231 of Taliban asked:

“why @WhiteHouse punished Afghanistan for hosting OBL? Why didn’t they attack Pakistan for sheltering Osama? Why @POTUS still supports Pak in every way but destroyed us”
Read 5 tweets
Alok Bhatt Profile picture
5 Oct
From whatever is available until now. A cavalcade was moving and after few cars had passed, protestors came in and blocked the road….
One of the vehicles in the cavalcade - was shown as hitting the protestors which can be seen blocking the way after few cars had passed - from screengrab from same video one can see the windscreen of the thar is broken- encircled below
It is but natural for a driver, who was part of the cavalcade and whose Thar was hit,to panic especially when a mob blocks the way of a moving cavalcade - from the word go,no one is disrupting that people got mauled over but what wasn’t known until now was-that it was hit b4 tht
Read 6 tweets

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