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So thats about 12.7% increase in gen capacity and 9.5% in actual power output.

Hopefully in coming years power output increase will get even closer to capacity increase.

I think it would be unwise to move Piyush Goyal to another ministry now since the job is only half done and a lot needs to be done. I am not sure if any new minister in his place can keep up with the rate of progress in a ministry as crucial as Power.
 
India Inc reaps gains from higher infra spend: Deutsche Bank

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Deutsche Bank said increasing infrastructure spending through revival of targeted public spends has been an important part of the government's economic strategy. Though there was an initial scepticism on the success of this strategy, the progress — particularly in the power, coal, road, and railways sectors — is now becoming visible, and has also started showing tangible results.

Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst
 
Nirma to Buy Lafarge Cement.

http://www.business-standard.com/ar...nirma-ltd-for-1-4-billion-116071100198_1.html

LafargeHolcim has agreed to sell its Lafarge India business to Nirma Ltd for an enterprise value of around $1.4 billion, the world's biggest cement maker said on Monday.

"This agreement is an important step in our 3.5 billion Swiss franc ($3.56 billion) divestment programme," LafargeHolcim Chief Executive Eric Olsen said in a statement.

"With this deal, two-thirds of the programme has been secured and the remainder of the program is well on track. We are confident that we will meet our target by the end of this year," the statement added.

The deal, the proceeds of which will be used to pay down LafargeHolcim's debt, is subject to approval by the Competition Commission of India.
 
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