Uday 2.0 – Will it make the end consumer more powerful?

Uday 2.0 – Will it make the end consumer more powerful?

Mounting losses of power discoms that have crossed $3 billion and other challenges are making the government go back to the drawing board. The urgency is apparent as a new tariff policy with an aim to empower the consumer has been sent to the Union Cabinet for approval.

Uday scheme behind Raj’s fiscal imbalance: Fin panel

Uday scheme behind Raj’s fiscal imbalance: Fin panel

Stressing that adoption of the Centre’s Uday scheme in Rajasthan by the previous BJP government led to fiscal imbalance, the 15th Finance Commission on Monday suggested that state government must give priority to tourism sector, rain water harvesting

Uday scheme: Discoms’ losses rise 89% in FY19

Uday scheme: Discoms’ losses rise 89% in FY19

State-run electricity distribution companies (discoms) reported a near doubling of their financial losses in FY19, in what reflected a dramatic reversal of the trend of a secular decline in losses in FY17 and FY18 thanks to the UDAY scheme.

Tangedco powerless in the face of losses

Tangedco powerless in the face of losses

“UDAY is the most comprehensive power sector reform ever planned and executed in the country,” the Union minister of state for power Piyush Goyal told a gathering of power sector analysts in March 2017.

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