Loading Events

« All Events

This event has passed.

The Role of Coal in India’s Future: Climate, Reserves, Price, and Policy

The Role of Coal in India’s Future: Climate, Reserves, Price, and Policy

November 13, 2013

Description

Whether the story is told in India or the United States, Mozambique, or China, coal, climate change, and investment growth are generally treated as forces in conflict. Coal’s storyline in India is as the “go to” source for the country’s energy and economic future. But a look under the hood at this growth engine reveals considerable support for an investment thesis that the commodity will not make it over India’s tough financial and economic terrain.
This session will explore India’s coal future through the lens of Coal India, India’s state-owned coal company and the largest producer of coal in the world. Coal India’s successful 2010 IPO issuance brought 10% of its ownership interest into the private sector. Its plan is to move 10% more into global capital markets. The economic and financial climate in 2013 requires investors to take a careful look at the evolving outlook of Coal India’s investor experience since 2010, including its domestic reserves and price and sales revenue prospects, along with the changing policies on renewables in India and around the world.
A team of expert coal, finance, environmental, and renewables analysts will provide the lay of the land of current financial conditions and the opportunities and challenges for coal, and specifically Coal India’s future. Attend to gain a global perspective on global energy issues and markets from expert analysts and influential global investors.

At this program, you will learn about:

  • The risks and opportunities of investing in coal
  • The investment-related prospects for the world’s largest coal producer—Coal India
  • What the future energy landscape may look like in India

DISCLAIMER OF ENDORSEMENT

References herein to any specific sponsor or service do not necessarily constitute or imply the endorsement, recommendation or favoring by CFA Society New York. CFA Society New York strives to be a community for diverse opinions and differing perspectives, and the views and opinions expressed by speakers, presenters and/or organizers at events do not necessarily state or reflect those of CFA Society New York.

CFA Society New York expects all attendees to comply with CFA Society New York’s Code of Conduct while attending CFA Society New York events or meetings. CFA Society New York expressly reserves the right, in its sole discretion, to grant or deny access to any individual, or to expel any individual from any CFA Society New York event or meeting.

CFA Society New York (“CFANY”) is not a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Financial Bank, Securities Broker, or Financial Planner. While CFANY seeks to present accurate and reliable information, CFANY does not endorse, approve, or certify such information, nor does it warrant or guarantee the accuracy, completeness, efficacy, timeliness, or fitness of such information for any particular purpose. Information presented may or may not be current as of the date of the presentation, and CFANY has no duty to update and maintain the information, reports, or statements made during events. CFA Society New York specifically disclaims any such express or implied warranties. CFA Society New York and its affiliates, agents, and licensors will not be liable to you or anyone else for any loss or injury, caused in whole or in part by their negligence of contingencies beyond their control in procuring, compiling, reporting interpreting or delivering the information. In no event will CFA Society New York and its affiliates, agents, and licensors be liable to you or anyone else for any damages, including but not limited to consequential, special, indirect and incidental damages, even if advised of the possibility of such damages.

The information presented is provided for information purposes only, and is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice, is general in nature, and is not specific to you. None of the information presented is intended as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, company, or fund. CFANY is not responsible for any investment decision made by you.

You should not make any financial, investment, trading or other decision based upon any of the information presented at CFANY without undertaking your own independent due diligence and consulting with a qualified and registered securities professional. You understand that your use of any of the information presented at CFANY is at your own risk.

There is a substantial amount of risk in trading securities, and the possibility exists that you can lose all, most or a portion of your capital. CFANY does not, cannot, and will not assess or guarantee the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The securities mentioned in any CFANY presentation may not be suitable for investors depending on their specific investment objectives and financial condition.

All requests for Withdrawals must be submitted in writing and dated. The date of the request will be the date it is received by CFANY. Requests may be faxed to (212) 541-4677, or emailed to seminars@cfany.org.

Withdrawals from events, live or streaming, are subject to the following policy:

  • 24 HOURS ADVANCED NOTICE OR MORE: Credit to be issued (to be used within 6 months)
  • LESS THAN 24 HOURS OR AFTER EVENT HAS STARTED: No refund

For more information: Policies and Procedures