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Bihar Chief Minister Nitish Kumar

Providing free electricity connection to all the households was one of the seven promises Nitish Kumar made ahead of the assembly elections which his Grand Alliance won.

The government has set a target of 4,460 MW of power generation capacity addition this fiscal from renewable energy sources, including solar, wind and small-hydro.
The additional stake sale could raise as much as $3 billion as the government seeks more funds to spend on infrastructure.

The Cabinet had last week approved 10% stake sale in Coal India. As many as seven merchant bankers had bid for managing the disinvestment of CIL.
According to data available India imported 114.9 million tons of crude during April-October for $43.6 billion.
Lanco, which has been losing money in recent years amid delays in finishing its power projects will sell stake and list the unit to cut its debt.
The last three rounds of auction have generated proceeds of more than Rs 3 lakh crore, which would be realised over 30 years by states where the mines are located.
For 11 months in a row, commodity exports from India have been showing a declining trend.
The report highlights those Indian corporates whose financial profiles could strengthen or weaken if the rupee were to depreciate by 15 per cent and 30 per cent.
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