UDAY scheme can be model about massive rotation of capital: Michael Eckhart

The discussion, on ‘Bankers’ perspective on renewables’, moderator by former Chairman of State Bank of India, Arundhati Bhattacharyya, and part of RE Invest 2018.

UDAY scheme can be model about massive rotation of capital: Michael Eckhart

The Ujjwal Discom Assurance Yojana (UDAY) scheme started by the Ministry of Power in 2015 could be a model for the rest of the world, global bankers participating in a panel discussion on renewable energy felt.

Opinion | The case for power discom privatization

Opinion | The case for power discom privatization

Distribution serves the most vital function in India’s power supply chain, yet it is also possibly the weakest link. State discoms continue to make losses despite multiple bailouts. While the government’s Ujjwal Discom Assurance Yojana (UDAY) scheme seeks to reduce discom losses, there is hardly any impact on their financial status.

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