Shares of power utility players rallied on Friday after government data showed electricity generation went up by 14.6% in November 2011 from the same period the previous year.
This is against the 5.6% growth in October 2011. Jaiprakash Power spurted 11%. Reliance Power gained 7.7% while GVK Power rose 5%. Stateowned NHPC ended up 4% and NTPC jumped 3.11%.
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