{"id":293672,"date":"2019-09-25T12:11:37","date_gmt":"2019-09-25T06:41:37","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=293672"},"modified":"2019-09-25T12:11:37","modified_gmt":"2019-09-25T06:41:37","slug":"coal-shortage-risking-rs-5-lakh-crores-investment-in-thermal-plants-power-secretary","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-shortage-risking-rs-5-lakh-crores-investment-in-thermal-plants-power-secretary\/","title":{"rendered":"Coal shortage risking Rs 5 lakh crores investment in thermal plants: Power Secretary"},"content":{"rendered":"<p>NEW DELHI: Power secretary Subhash Chandra Garg on Tuesday called for opening up India\u2019s coal mining segment to global commercial mining players in order to boost output. The current shortage in coal supply has jeopardised about Rs 5 lakh crore of investment made in coal-based thermal power plants, he warned.<\/p>\n<p>ALSO READ| Government trying to negotiate with striking CIL, SCCL workers; things to normalise soon: Coal Minister<\/p>\n<p>Speaking at a round table on coal, Garg said there was an \u201curgent need\u201d to bring in large global commercial miners to the segment since India importing 20 per cent of its coal requirements was untenable. \u201cMany of our coal-based power plants are gasping for breath. Some are in NCLT, some are operating at 15 or 20 per cent, some are not producing at all&#8230; As much as Rs 5 lakh crore investment is in jeopardy. If a few large global miners who can produce around 100 million tonnes of coal per annum enter the segment &#8216;in the next two-three or five years&#8217; the situation would change for the better,\u201d he said. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Power secretary Subhash Chandra Garg on Tuesday called for opening up India\u2019s coal mining segment to global commercial mining players in order to boost output. The current shortage in coal supply has jeopardised about Rs 5 lakh crore of investment made in coal-based thermal power plants, he warned. ALSO READ| Government trying to negotiate with striking CIL, SCCL workers; things to normalise soon: Coal Minister Speaking at a round table on coal, Garg said there was an \u201curgent need\u201d to bring in large global commercial miners to the segment since India importing 20 per cent of its coal [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[210,130,143],"tags":[],"class_list":["post-293672","post","type-post","status-publish","format-standard","hentry","category-coal-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293672","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=293672"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/293672\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=293672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=293672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=293672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}