{"id":10487,"date":"2012-05-04T08:34:16","date_gmt":"2012-05-04T06:34:16","guid":{"rendered":"http:\/\/www.myza.co.za\/05\/india-proposes-setting-up-sovereign-fund-to-buy-coal-assets-abroad-min\/"},"modified":"2012-05-04T08:34:16","modified_gmt":"2012-05-04T06:34:16","slug":"india-proposes-setting-up-sovereign-fund-to-buy-coal-assets-abroad-min","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/india-proposes-setting-up-sovereign-fund-to-buy-coal-assets-abroad-min\/","title":{"rendered":"India proposes setting up sovereign fund to buy coal assets abroad -min"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p><span class=\"articleLocation\">NEW DELHI<\/span> May 4 (Reuters) &#8211; India&#8217;s coal ministry has<br \/>\nproposed setting up a sovereign wealth fund to buy coal assets<br \/>\nabroad, Coal Minister Sriprakash Jaiswal said on Friday.<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>Coal accounts for more than half of India&#8217;s power generation<br \/>\nand will be required for 85 percent of the 76,000 megawatts<br \/>\nadditional capacity targeted in the next five years.<\/p>\n<p><span><\/span><\/p>\n<p>But domestic supply has fallen short of targets largely due<br \/>\nto regulatory hurdles, and poor infrastructure hinders the<br \/>\ntransport of imported coal.<\/p>\n<p><span><\/span><\/p>\n<p>India&#8217;s cabinet is likely to consider a bill to create a<br \/>\ncoal regulator next week, Jaiswal told reporters.\t<\/p>\n<p> (Reporting by Sanjeev Choudhary and Krittivas Mukherjee;<br \/>\nediting by Jo Winterbottom)<\/p>\n<p><span><\/span><\/p>\n<p class=\"copyright\">\n<p>         \t\t\u00a9 Thomson Reuters 2012 All rights reserved<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI May 4 (Reuters) &#8211; India&#8217;s coal ministry has proposed setting up a sovereign wealth fund to buy coal assets abroad, Coal Minister Sriprakash Jaiswal said on Friday. Coal accounts for more than half of India&#8217;s power generation and will be required for 85 percent of the 76,000 megawatts additional capacity targeted in the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10487","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10487"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10487\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}