Even after restricting of the loans, under the Ujjwal Discom Assurance Yojana (UDAY), has cut down the interest cost by Rs 600 crore, the high debts of Punjab State Power Corporation Limited (PSPCL) continue to be a cause of concern
The latest sets of data from the power ministry suggest that the sector has witnessed a smart turnaround, mostly because of the UDAY scheme introduced a few years ago.
Distribution companies continued to miss targets on power supply losses under the Ujjwal Discom Assurance Yojna (UDAY), with states like Uttar Pradesh, Bihar, Jharkhand, Rajasthan, Madhya Pradesh and Chhattisgarh lagging far behind the actual targets.
Making UDAY 2.0 deliver: State electricity boards and states must face large penalties to learn lesson
Even when it first began, the UDAY scheme to turnaround stressed state electricity boards (SEBs) looked too ambitious; while the plan envisaged tariff hikes, these were to be kept to a minimum since the fulcrum around which
Most of the problems of the power sector emanate from the poor health of the Discoms. Launched in 2015, “UDAY” (Ujwal Discom Assurance Yojana) was to provide much needed relief to these Discoms.
UDAY Discoms: Why States Must Do Their Part On Last-mile Distribution Of Power And Take Politics Out Of It
What all things have happened in the Indian power sector after the Ujwal Discom Assurance Yojana (UDAY) was implemented? This has been a hot topic of discussion in the last one year or so.
Moody’s today projected a stable outlook for power sector while its Indian affiliate ICRA said that reforms for the distribution sector under UDAY scheme have seen mixed results.
The UDAY will be an improvement over a regular AC coach, and will offer the following amenities
In what seems a throwback to history, only six states and one Union Territory among the 31 that had signed up since November 2015 for the power discoms’ revival scheme Ujwal Discom Assurance Yojana (UDAY) have reported meeting the respective FY17 targets to reduce aggregate technical and commercial (AT&C) losses.
Government’s UDAY scheme has helped debt laden DISCOMs of 24 states to reduce losses to Rs 36,905 crore in 2016-17 from Rs 51,590 crore in the previous fiscal, Parliament was informed today.