{"id":584907,"date":"2023-06-16T10:47:38","date_gmt":"2023-06-16T05:17:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=584907"},"modified":"2023-06-16T13:10:50","modified_gmt":"2023-06-16T07:40:50","slug":"competition-act-applies-to-coal-india-issue-to-be-decided-on-merits-sc-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/competition-act-applies-to-coal-india-issue-to-be-decided-on-merits-sc-2\/","title":{"rendered":"Competition Act applies to Coal India, issue to be decided on merits: SC"},"content":{"rendered":"<p>The Supreme Court of India on Thursday said that the Competition Act will apply to Coal India Ltd, a stand opposed by the PSU.<\/p>\n<p>The case has been remanded back to the Competition Commission of India (CCI) for deciding the issue on merits.<\/p>\n<p>The CCI had imposed a penalty of Rs 1,773.05 crore on Coal India for imposing unfair\/discriminatory conditions in Fuel Supply Agreements with the power producers for supply of non-coking coal. However, after the intervention of Competition Appellate Tribunal, the penalty was cut to Rs 591 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court of India on Thursday said that the Competition Act will apply to Coal India Ltd, a stand opposed by the PSU. The case has been remanded back to the Competition Commission of India (CCI) for deciding the issue on merits. The CCI had imposed a penalty of Rs 1,773.05 crore on Coal India for imposing unfair\/discriminatory conditions in Fuel Supply Agreements with the power producers for supply of non-coking coal. However, after the intervention of Competition Appellate Tribunal, the penalty was cut to Rs 591 crore.<\/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":[194,130,136],"tags":[],"class_list":["post-584907","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\/584907","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=584907"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/584907\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=584907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=584907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=584907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}