{"id":295710,"date":"2019-10-11T10:18:47","date_gmt":"2019-10-11T04:48:47","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295710"},"modified":"2019-10-11T10:24:40","modified_gmt":"2019-10-11T04:54:40","slug":"indian-miners-reject-govt-plan-to-link-coal-index-to-foreign-prices-report-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-miners-reject-govt-plan-to-link-coal-index-to-foreign-prices-report-2\/","title":{"rendered":"Indian miners reject govt plan to link coal index to foreign prices: Report"},"content":{"rendered":"<p>India&#8217;s miners are rejecting a government proposal to establish a national coal index that would be linked to international prices, documents reviewed by Reuters show, because it could make domestic supply uncompetitive. <\/p>\n<p>The government is creating a coal price index as part of its plans to open the coal sector to outside investment and end state-run Coal India&#8217;s control over prices. The country plans to invite bids from global firms for coal mining blocks by the end of 2019. <\/p>\n<p>A government panel has proposed one index that would link directly to foreign indexes, such as in Indonesia and Australia and a second proposal that measures the value and volume of all coal transactions, including imports, and compares them to a base period, government documents reviewed by Reuters showed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s miners are rejecting a government proposal to establish a national coal index that would be linked to international prices, documents reviewed by Reuters show, because it could make domestic supply uncompetitive. The government is creating a coal price index as part of its plans to open the coal sector to outside investment and end state-run Coal India&#8217;s control over prices. The country plans to invite bids from global firms for coal mining blocks by the end of 2019. A government panel has proposed one index that would link directly to foreign indexes, such as in Indonesia and Australia and [&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":[135,170,130],"tags":[],"class_list":["post-295710","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295710","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=295710"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295710\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}