Day: December 21, 2019
Editorial- January 2020
It has been four years since UDAY or Ujwal Discom Assurance Yojana (UDAY) was launched but the discoms are still in mega losses. The total discom losses are to the tune of Rs 16,841 crore according to the latest available published data and accounts for profit/loss after tax figures of discoms for 2017-18. Telengana, Uttar […]
Four Years of UDAY
On November 5, 2015, the union cabinet approved Ujwal Discom Assurance Yojana (UDAY). The scheme envisaged financial turnaround, operational improvement, reduction of cost of generation of power, development of renewable energy, and energy efficiency and conservation. For financial turnaround, the states were required to take over 75 per cent of the discom debt as on […]