Tamil Nadu becomes 21st State to join UDAY

State to derive an Overall Net Benefit of approximately Rs. 11,000 crores through UDAY. The State would have savings of about Rs.950 cr. in annual interest cost through reduction of debt and through reduced interest rates on the balance debt.

Tamil Nadu becomes 21st State to join UDAY

In a significant move and following months of persuasion by the Centre, Tamil Nadu came on board the power ministry’s flagship scheme UDAY. By signing the MOU under UDAY, the State Government is taking over 75% of debt of Rs. 30,420 crores of TANGEDCO. The scheme also provides for the balance debt to be re-priced or issued as State guaranteed Discom bonds, at coupon rates around 3-4% less than the average existing interest rate.

India’s power demand to expand four fold in the next 15 years to become one of the largest energy markets globally : Piyush Goyal

India’s partnership with Japan in Energy Sector critical for a Sustainable Energy Future for both Nations

India’s power demand to expand four fold in the next 15 years to become one of the largest energy markets globally : Piyush Goyal

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal presided over a bilateral meeting with the Japanese delegation led by H.E. Mr. Hiroshige Seko, Minister for Economy

‘UDAY’ Web Portal and Mobile App launched

UDAY Club grows to 20, Assam and Telangana sign MoUs. Overall Net Benefit of approximately Rs. 6116 crores to Telangana and Rs. 1663 crores to Assam States with over 90% of Total DISCOM Debts to be covered under UDAY after Tamil Nadu comes on board: Piyush Goyal

‘UDAY’ Web Portal and Mobile App launched

In line with the government’s “Digital India Initiative’, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal launched the Ujwal DISCOM Assurance Yojana (UDAY) Web Portal & Mobile App, in the capital on Wednesday. The portal and App would help track and monitor the progress of DISCOMs on […]

Piyush Goyal To Launch A New Mobile APP and Web Portal on UDAY, the government’s flagship scheme for turnaround of state DISCOMs

The App and the web portal, to be launched by Goyal on Wednesday (January 4, 2017), will provide all details on the scheme including the number of states joining the scheme as also the progress achieved by each state under various parameters listed under the scheme—-including AT&C losses, cost of electricity, bonds issued and others.

Piyush Goyal To Launch A New Mobile APP and Web Portal on UDAY, the government’s flagship scheme for turnaround of state DISCOMs

Minister of State (Independent Charge) for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal will launch the web portal and a Mobile App for one of India’s most talked about scheme

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