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UDAY scheme impact: State-run power discoms cut losses by 21.5% in FY17

By : sustainabilityo..., Jul 26, 2017

Combined losses of state-run power utilities in 26 states and the Union territory of Puducherry in 2016-17 fell 21.5% from a year ago to Rs40,295 crore on account of efforts under Ujwal Discom...

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Goyal rebuffs RBI on UDAY

By : sustainabilityo..., May 17, 2017

Power Minister Piyush Goyal on Tuesday rebuffed the Reserve Bank of India's (RBI) recent report showing that the Ujjwal Discom Awas Yojana (UDAY) scheme was harming state finances, and said that...

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Mizoram is 27th state in Uday discom debt restructure scheme

By : sustainabilityo..., Apr 4, 2017

Mizoram has become the 27th state to join the central government’s Ujwal Discom Assurance Yojana (Uday) debt restructuring scheme for states’ electricity distribution companies (discoms), an...

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Kerala, Tripura, Arunachal Pradesh take states' list under UDAY to 26

By : sustainabilityo..., Mar 30, 2017

Twenty six states are now part of the UDAY scheme, meant for the revival of debt stressed discoms, after Kerala, Arunachal Pradesh and Tripura formally joined the programme.

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Rajasthan, Haryana, Chhattisgarh discoms major gainers under UDAY

By : sustainabilityo..., Mar 6, 2017

The power distribution utilities in Rajasthan, Haryana, Chhattisgarh and Punjab are among major gainers in lowering their interest cost under UDAY scheme meant for revival of discoms....

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Sikkim gets on board for UDAY, Rs 356-crore benefit seen

By : sustainabilityo..., Feb 24, 2017

Sikkim has become the 22nd state to join UDAY -- the scheme designed to nurse debt-laden electricity distribution companies back to health -- which will in turn hand it an overall benefit of Rs...

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India may be able to light up all homes by 2018: PV Ramesh

By : sustainabilityo..., Feb 17, 2017

India will achieve its ambitious target of lighting the homes in all its villages by 2018, although continuous supply of power may have to wait until reforms in the sector become more visible...

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Tamil Nadu to issue Rs 14,000-cr bonds under UDAY

By : sustainabilityo..., Feb 16, 2017

Tamil Nadu government will issue on Monday bonds worth Rs 14,000 crore under UDAY, a bailout plan chalked out for the loss-making power distribution companies. 

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Subject Tags: bonds , UDAY Scheme

UDAY scheme fails to provide a panacea for ailing discoms

By : sustainabilityo..., Feb 6, 2017

More than one year since its launch and 82 per cent of bailout package (bonds) utilised by States; Ujwal DISCOM Assurance Yojana (UDAY) is failing to bring a new dawn for the State-run power...

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Higher coal prices, clean energy cess wiped out UDAY gains

By : sustainabilityo..., Jan 20, 2017

Power procurement costs have risen as higher coal prices and clean energy cess have wiped out gains from government moves to reduce costs under the Ujwal Discom Assurance Yojana (UDAY) scheme,...

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