{"id":295766,"date":"2019-10-11T11:28:55","date_gmt":"2019-10-11T05:58:55","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=295766"},"modified":"2019-10-11T11:34:39","modified_gmt":"2019-10-11T06:04:39","slug":"indian-miners-reject-plan-to-link-national-coal-index-to-foreign-prices","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-miners-reject-plan-to-link-national-coal-index-to-foreign-prices\/","title":{"rendered":"Indian miners reject plan to link national coal index to foreign prices"},"content":{"rendered":"<p>NEW DELHI: 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>India&#8217;s 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 IndiaNSE 2.36 %&#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>NEW DELHI: 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. India&#8217;s 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 IndiaNSE 2.36 %&#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 [&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-295766","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\/295766","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=295766"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/295766\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=295766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=295766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=295766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}