The Central government has today signed 4 Memorandum of Understandings (MoUs) under the UDAY scheme with Nagaland and 3 Union Territories for operational improvements of discoms (state power distribution companies).
Nagaland, Andaman & Nicobar Islands, Dadra & Nagar Haveli & Daman & Diu Sign MoU With Government Of India Under UDAY Scheme
On the 2nd Anniversary of Ujwal DISCOM Assurance Yojana (UDAY), the Government of India signed four Memorandum of Understanding (MoU) under the Scheme with the State of Nagaland.
On the 2nd Anniversary of Ujwal DISCOM Assurance Yojana (UDAY) today, the Government of India signed four Memorandum of Understanding (MoU) under the Scheme with the State of Nagaland and with Union Territories (UTs) of Andaman & Nicobar Islands, Dadra & Nagar Haveli & Daman & Diu for operational improvements.
Unnat Jyoti by Affordable LEDs for All (UJALA) scheme was launched here today by Punjab Assembly Speaker Rana K P Singh.
An estimated three crore plus energy efficient LED bulbs would be distributed in Tamil Nadu in another one year under the Centre’s UJALA scheme, a senior official of ESSL, the implementing agency, said here today.
Rural Electrification Corp (REC) is looking at overseas business, starting with neighbouring countries, to supplement revenue from its traditional business of lending to rural power projects, chairman PV Ramesh told ET in an interview.
Green energy like solar power would power India as 175 gigawatt (GW) of electricity is expected to be generated from renewable sources, Prime Minister Narendra Modi said here on Sunday.
For a country like India, assured and affordable supply of energy is the prime prerequisite for achieving economic growth and the Government of India has been supportive to growth in the power sector.
Addressing Debt Under UDAY : ACS-ARR Gaps Come Down By Almost 14 Paise Per Unit And AT&C Losses Reduce By Almost 1% in FY 17
The process of States taking over the targeted debts and issuing them as SDL Bonds has now been completed. According to MoP, as of now, the participating DISCOMs have to issue Bonds worth approximately Rs. 37,000 crores, which would be done in due course.
Power ministry’s flagship scheme, Ujwal DISCOM Assurance Yojana (UDAY) was launched in November, 2015 and has completed more than one year of operation .
The Ujjwal Discom Assurance Yojana (UDAY) introduced by the Narendra Modi government to reduce interest burden on debt-laden power distribution companies (discoms) seems to be finally yielding results, bolstering hope that 24×7 power supply would become a reality.