{"id":347138,"date":"2020-04-17T11:57:01","date_gmt":"2020-04-17T06:27:01","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=347138"},"modified":"2020-04-17T11:57:01","modified_gmt":"2020-04-17T06:27:01","slug":"cil-to-auction-60-stock-by-may","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cil-to-auction-60-stock-by-may\/","title":{"rendered":"CIL to auction 60% stock by May"},"content":{"rendered":"<p>KOLKATA: Coal IndiaNSE 0.95 % plans to auction 60% of its inventory by May to liquidate stocks that touched a record 75 million tonnes in March.<\/p>\n<p>The company has decided to reduce floor price for bidding, from 20%-30% above notified price, to the notified prices and bulk of the offer would be for auctions allowing consumers to lift booked quantities over several months.<\/p>\n<p>The lockdown has hit coal demand as manufacturing and power generation has slowed down. Coal India executives said demand outlook is not promising for at least the first half of this fiscal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KOLKATA: Coal IndiaNSE 0.95 % plans to auction 60% of its inventory by May to liquidate stocks that touched a record 75 million tonnes in March. The company has decided to reduce floor price for bidding, from 20%-30% above notified price, to the notified prices and bulk of the offer would be for auctions allowing consumers to lift booked quantities over several months. The lockdown has hit coal demand as manufacturing and power generation has slowed down. Coal India executives said demand outlook is not promising for at least the first half of this fiscal.<\/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":[194,130,136],"tags":[],"class_list":["post-347138","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\/347138","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=347138"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/347138\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=347138"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=347138"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=347138"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}