{"id":383655,"date":"2020-11-11T11:24:33","date_gmt":"2020-11-11T05:54:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=383655"},"modified":"2020-11-11T12:55:42","modified_gmt":"2020-11-11T07:25:42","slug":"real-estate-pharma-firms-among-winners-of-indias-coal-mine-auctions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/real-estate-pharma-firms-among-winners-of-indias-coal-mine-auctions\/","title":{"rendered":"Real estate, pharma firms among winners of India&#8217;s coal mine auctions"},"content":{"rendered":"<p>Real estate, infrastructure and pharmaceutical companies were among the winners of India&#8217;s first coal mine auctions open to the private sector without restrictions on end-use, the government said on Monday. <\/p>\n<p>Coal production in India has largely been restricted to state-run Coal India Ltd and another smaller government-controlled company, but Prime Minister Narendra Modi opened up the industry to the private sector this year. <\/p>\n<p>&#8220;Almost 65% (of) bidders were from the &#8216;non-end user&#8217; category like real estate, infrastructure, pharma,&#8221; India&#8217;s Coal Minister Pralhad Joshi said on Monday, adding that removing end-use restrictions was the right move helped diversify interest in coal mining.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real estate, infrastructure and pharmaceutical companies were among the winners of India&#8217;s first coal mine auctions open to the private sector without restrictions on end-use, the government said on Monday. Coal production in India has largely been restricted to state-run Coal India Ltd and another smaller government-controlled company, but Prime Minister Narendra Modi opened up the industry to the private sector this year. &#8220;Almost 65% (of) bidders were from the &#8216;non-end user&#8217; category like real estate, infrastructure, pharma,&#8221; India&#8217;s Coal Minister Pralhad Joshi said on Monday, adding that removing end-use restrictions was the right move helped diversify interest in coal [&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":[190,139,130],"tags":[],"class_list":["post-383655","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\/383655","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=383655"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/383655\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=383655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=383655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=383655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}