{"id":348504,"date":"2020-04-28T10:24:32","date_gmt":"2020-04-28T04:54:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348504"},"modified":"2020-04-28T10:45:07","modified_gmt":"2020-04-28T05:15:07","slug":"bharat-coking-coal-slashes-coal-prices-by-10","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bharat-coking-coal-slashes-coal-prices-by-10\/","title":{"rendered":"Bharat Coking Coal slashes coal prices by 10%"},"content":{"rendered":"<p>Kolkata: Coal IndiaNSE 0.36 % subsidiary Bharat Coking Co al has reduced coal prices by 10%, in a first such move aimed at reviving sales that have plunged by about 65% this month.<\/p>\n<p>\u201cThe subsidiary was forced to cut prices of three grades of coal which constitute more than 90% of its sales, as offtake started declining from March following demand dip faced by almost all its consumers during the lockdown,\u201d a senior executive of Coal India told ET.<\/p>\n<p>Earlier, the company was hoping that consumers would be lured by concessions it offered in credit facilities, but many power companies were not in a position to take advantage because of financial stress.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata: Coal IndiaNSE 0.36 % subsidiary Bharat Coking Co al has reduced coal prices by 10%, in a first such move aimed at reviving sales that have plunged by about 65% this month. \u201cThe subsidiary was forced to cut prices of three grades of coal which constitute more than 90% of its sales, as offtake started declining from March following demand dip faced by almost all its consumers during the lockdown,\u201d a senior executive of Coal India told ET. Earlier, the company was hoping that consumers would be lured by concessions it offered in credit facilities, but many power companies [&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-348504","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\/348504","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=348504"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348504\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}