{"id":299815,"date":"2019-11-07T10:46:39","date_gmt":"2019-11-07T05:16:39","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299815"},"modified":"2019-11-07T11:07:24","modified_gmt":"2019-11-07T05:37:24","slug":"centre-prioritises-coking-coal-contracts-over-foreign-mine-purchases","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/centre-prioritises-coking-coal-contracts-over-foreign-mine-purchases\/","title":{"rendered":"Centre prioritises coking coal contracts over foreign mine purchases"},"content":{"rendered":"<p>The government\u2019s priority in securing coking coal assets abroad has changed, as the coal ministry is now targeting to first get contracts for coking coal import at competitive prices instead of its earlier plan to go for outright purchase of coal mines. <\/p>\n<p>Union coal minister Pralhad Joshi said on the sidelines of the 8th Asian Mining Congress and Exhibition, \u201cAs of now, the thinking is not to acquire assets and only to freeze orders in advance to get coal at competitive prices. The thought process is going on, and as of now we are not thinking of acquiring any assets.\u201d <\/p>\n<p>Coal India chairman Anil Kumar Jha clarified that while getting contracts is a priority, the company will consider picking up stakes in coking coal companies instead of going for an outright purchase.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government\u2019s priority in securing coking coal assets abroad has changed, as the coal ministry is now targeting to first get contracts for coking coal import at competitive prices instead of its earlier plan to go for outright purchase of coal mines. Union coal minister Pralhad Joshi said on the sidelines of the 8th Asian Mining Congress and Exhibition, \u201cAs of now, the thinking is not to acquire assets and only to freeze orders in advance to get coal at competitive prices. The thought process is going on, and as of now we are not thinking of acquiring any assets.\u201d [&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-299815","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\/299815","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=299815"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299815\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}