UDAY
Draft guidelines for power distribution reforms scheme released
- Mar 19, 2021
The government has released the draft guidelines of the ‘Revamped, Reforms-Based and Results-Linked Distribution Sector Scheme’ for supporting discoms to undertake reforms and improve performance in a time-bound manner, as announced during the recent Budget. The scheme is aimed Read more
Business model of public discoms needs a rethink: CEEW–IISD report
- Dec 18, 2020
Direct tariff electricity subsidies from state governments have increased 32 per cent since FY16, amounting to Rs.110,391 crore (USD 14.96 billion) in FY19, according to an independent report (Unpacking India’s Electricity Subsidies) recently released today by the Council Read more
Liquidity scheme for discoms gaining momentum, says report
- Oct 30, 2020
With sanctions totalling Rs.1.14 trillion and application for a further Rs.157 billion (under UDAY limit relaxation) by Chhattisgarh, Jharkhand and Uttar Pradesh, the total applications under the PFC/REC Aatmanirbhar Scheme to infuse liquidity into discoms touch Rs.1.3 trillion, Read more
Union Budget might feature new scheme for power discoms
- Jan 28, 2020
The upcoming Union Budget might feature a new scheme aimed at the power distribution sector, according to R.K. Singh, Minister of State (Independent Charge) for Power and Renewable Energy quoted widely in the media. The new set of proposals Read more
UDAY 2.0 alone not enough: Report
- Aug 21, 2019
Fundamental issues need to be addressed first for India's second phase of power sector reforms to fully deliver. That's according to a report titled, "Why India's Power Utilities Need UDAY 0.0 Before 2.0," that S&P Global Ratings published Read more
Lakshadweep joins UDAY, hopes to save Rs.8 crore
- Mar 1, 2018
The government of India and the Union Territory of Lakshadweep signed a memorandum of understanding (MoU) under the Ujwal Discom Assurance Yojana (UDAY) on February 28, 2018. The scheme aims at operational turnaround of the Union territory’s Electricity Read more
Nagaland joins UDAY, total state count reaches 27
- Nov 21, 2017
Nagaland, and three Union territories, are the latest entrants to the Ujwal Discom Assurance Yojana (UDAY), the Central scheme for restructuring government-owned power distribution utilities. The three UTs are Andaman & Nicobar Islands, Dadra & Nagar Haveli and Read more
UDAY beneficiaries achieve net savings of Rs.15,000 crore
- Aug 18, 2017
Participating state government power distribution utilities have achieved net savings of around Rs.15,000 crore till March 2017, following their enrolment in the UDAY scheme, a government release said. Further, in the participating states, Read more