{"id":474016,"date":"2022-03-08T11:24:48","date_gmt":"2022-03-08T05:54:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=474016"},"modified":"2022-03-08T11:24:48","modified_gmt":"2022-03-08T05:54:48","slug":"coal-india-will-not-have-luxury-to-retain-loss-making-mines-says-official","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-will-not-have-luxury-to-retain-loss-making-mines-says-official\/","title":{"rendered":"Coal India will not have luxury to retain loss-making mines, says official"},"content":{"rendered":"<p>Mining behemoth Coal India will not have luxury to retain its loss-making mines with its aim to remain competitive in the wake of privatisation of coal blocks, a senior government official said on Monday. It is also expected that India will have a surplus of coal for thermal power plants by next year even though electricity demand grows by six per cent, he said.<\/p>\n<p>&#8220;Reforms will make the coal sector more vibrant for consumers of the dry fuel but there will be churn in mining activities. I think Coal India will not have the luxury to drag on loss-making mines and continue with financially inefficient mines,&#8221; Coal Secretary A K Jain said while addressing a conference organised by Mjunction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mining behemoth Coal India will not have luxury to retain its loss-making mines with its aim to remain competitive in the wake of privatisation of coal blocks, a senior government official said on Monday. It is also expected that India will have a surplus of coal for thermal power plants by next year even though electricity demand grows by six per cent, he said. &#8220;Reforms will make the coal sector more vibrant for consumers of the dry fuel but there will be churn in mining activities. I think Coal India will not have the luxury to drag on loss-making mines [&hellip;]<\/p>\n","protected":false},"author":39,"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-474016","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\/474016","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=474016"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/474016\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=474016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=474016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=474016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}