{"id":471549,"date":"2022-02-28T09:41:54","date_gmt":"2022-02-28T04:11:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=471549"},"modified":"2022-02-28T10:36:57","modified_gmt":"2022-02-28T05:06:57","slug":"union-cabinet-approves-offering-of-coal-via-common-e-auction-window","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/union-cabinet-approves-offering-of-coal-via-common-e-auction-window\/","title":{"rendered":"Union Cabinet approves offering of coal via common e-auction window"},"content":{"rendered":"<p>The government on Saturday approved offering of dry-fuel by coal companies, including state-owned CIL, through a common e-auction window instead of sector specific auctions.<\/p>\n<p>The approval was given during a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi.<\/p>\n<p>In a statement, the coal ministry said CCEA has approved &#8220;offering of all the non-linkage coal by coal companies through one e-auction window of CIL (CIL)\/Singareni Collieries Company Ltd (SCCL).&#8221;<\/p>\n<p>Due to the move, market distortions would be removed and single rate for all the consumers will evolve in the e-auction market. It will increase operational efficiencies and lead to an increase in domestic coal demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government on Saturday approved offering of dry-fuel by coal companies, including state-owned CIL, through a common e-auction window instead of sector specific auctions. The approval was given during a meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. In a statement, the coal ministry said CCEA has approved &#8220;offering of all the non-linkage coal by coal companies through one e-auction window of CIL (CIL)\/Singareni Collieries Company Ltd (SCCL).&#8221; Due to the move, market distortions would be removed and single rate for all the consumers will evolve in the e-auction market. It will increase [&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":[135,170,130],"tags":[],"class_list":["post-471549","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/471549","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=471549"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/471549\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=471549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=471549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=471549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}