{"id":355040,"date":"2020-06-02T11:31:46","date_gmt":"2020-06-02T06:01:46","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=355040"},"modified":"2020-06-02T11:54:23","modified_gmt":"2020-06-02T06:24:23","slug":"coal-indias-may-sales-driven-sharply-lower-by-slump-in-power-demand-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-indias-may-sales-driven-sharply-lower-by-slump-in-power-demand-2\/","title":{"rendered":"Coal India&#8217;s May sales driven sharply lower by slump in power demand"},"content":{"rendered":"<p>Coal India&#8217;s sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lockdown to curb the spread of the coronavirus. <\/p>\n<p>Offtake by customers, such as power generators, fell to 39.95 million tonnes in May, down 23.3% year on year, though that represented a slight improvement from the 25.5% fall in April. May production fell 11.3% to 41.43 million tonnes, compared with a 10.9% fall the previous month.<\/p>\n<p>More than three quarters of the electricity generated in India is derived from coal, with Coal India &#8211; the world&#8217;s largest coal miner &#8211; accounting for more than four fifths of India&#8217;s domestic production.<\/p>\n<p>Power generation fell 14.3% in May and demand for the current financial year is expected to fall for the first time in at least 36 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coal India&#8217;s sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lockdown to curb the spread of the coronavirus. Offtake by customers, such as power generators, fell to 39.95 million tonnes in May, down 23.3% year on year, though that represented a slight improvement from the 25.5% fall in April. May production fell 11.3% to 41.43 million tonnes, compared with a 10.9% fall the previous month. More than three quarters of the electricity generated in India is derived from coal, with Coal India &#8211; the world&#8217;s largest coal miner [&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":[175,146,130],"tags":[],"class_list":["post-355040","post","type-post","status-publish","format-standard","hentry","category-coal-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355040","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=355040"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355040\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=355040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=355040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=355040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}