{"id":261249,"date":"2019-02-26T06:28:40","date_gmt":"2019-02-26T06:28:40","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=261249"},"modified":"2019-02-26T06:33:47","modified_gmt":"2019-02-26T06:33:47","slug":"prices-soar-53-after-cil-diverts-coal-to-power-companies","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/prices-soar-53-after-cil-diverts-coal-to-power-companies\/","title":{"rendered":"Prices soar 53% after CIL diverts coal to power companies"},"content":{"rendered":"<p>Kolkata: Coal India\u2019s e-auction prices rose about 53% in the December quarter, when the company offered half the quantity it did a year ago after diverting supplies to power plants. <\/p>\n<p>It offered 14.65 million tonnes of coal during the quarter against 30.8 million tonnes a year earlier. As a result, average prices rose to Rs 2,847 per tonne from<br \/>\nRs 1,859 per tonne. Coal IndiaNSE 0.47 % increased supplies to power, its priority sector, at the cost of other customers. <\/p>\n<p>\u201cNon-power companies including captive power plants were thus hard pressed for coal, raising demand and its prices at auctions,\u201d a company executive said. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata: Coal India\u2019s e-auction prices rose about 53% in the December quarter, when the company offered half the quantity it did a year ago after diverting supplies to power plants. It offered 14.65 million tonnes of coal during the quarter against 30.8 million tonnes a year earlier. As a result, average prices rose to Rs 2,847 per tonne from Rs 1,859 per tonne. Coal IndiaNSE 0.47 % increased supplies to power, its priority sector, at the cost of other customers. \u201cNon-power companies including captive power plants were thus hard pressed for coal, raising demand and its prices at auctions,\u201d a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[194,130,136],"tags":[],"class_list":["post-261249","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/261249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=261249"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/261249\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=261249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=261249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=261249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}