Cabinet to extend timelines for states to join UDAY and reduce financial stress

Cabinet to extend timelines for states to join UDAY and reduce financial stress

In a recent meeting with leading banks, union minister of power, coal and renewable energy, Piyush Goyal has also succeeded in convincing banks to buy these bonds issued by Discoms. An extension to the UDAY scheme will help states issue bonds which will have a better market with banks coming on board.

All electricity metres to be replaced with smart ones

All electricity metres to be replaced with smart ones

Piyush Goyal Union Minister of State (IC) for Power, Coal and New & Renewable Energy said that all state and union territory representatives had come to a broad consensus that all electricity metres in the country be replaced with tamper proof smart metering that is also cost efficient. Read More…