{"id":352166,"date":"2020-05-20T10:58:13","date_gmt":"2020-05-20T05:28:13","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=352166"},"modified":"2020-05-20T10:58:13","modified_gmt":"2020-05-20T05:28:13","slug":"opinion-precluding-coal-redux-in-iron-ore-mining","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opinion-precluding-coal-redux-in-iron-ore-mining\/","title":{"rendered":"Opinion | Precluding coal redux in iron ore mining"},"content":{"rendered":"<p>The high bid premiums quoted in recent auctions of iron ore mining leases in Karnataka and Odisha are at once a cause for cheer and caution.<\/p>\n<p>The states obviously have reason to cheer. With the bid premiums going up to 150% of the iron ore prices notified for Odisha by the Indian Bureau of Mines (IBM), they are looking at huge revenues \u2013 estimated to be in thousands of crores.<\/p>\n<p>However, the bidding aggression is a cause for concern, given that the premium is over and above the cost a winning bidder will incur on mining.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The high bid premiums quoted in recent auctions of iron ore mining leases in Karnataka and Odisha are at once a cause for cheer and caution. The states obviously have reason to cheer. With the bid premiums going up to 150% of the iron ore prices notified for Odisha by the Indian Bureau of Mines (IBM), they are looking at huge revenues \u2013 estimated to be in thousands of crores. However, the bidding aggression is a cause for concern, given that the premium is over and above the cost a winning bidder will incur on mining.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[190,139,130],"tags":[],"class_list":["post-352166","post","type-post","status-publish","format-standard","hentry","category-coal-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352166","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=352166"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352166\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=352166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=352166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=352166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}