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Ujwal DISCOM Assurance Yojana (UDAY) targets in reducing the average technical and commercial loss from around 22% to 15% along with eliminating the gap between revenue-side supply & cost-side supply by 2018-19.
Ujjwal DISCOM Assurance Yojana (UDAY) is the financial turnaround and revival package for electricity distribution companies of India (DISCOMs) initiated by the Government of India with the intent to find a permanent solution to the financial mess that the power distribution is in. [1] It allows state governments, which own the DISCOMs, to take ...
Aug 26, 2023 · UDAY is basically a debt restructuring plan for DISCOMs (to improve their operational efficiency) and was kept optional for states. Joining states to undertake 75% debts of their respective DISCOMs, while the remaining 25% debts will be issued to DISCOMs in the form of bonds.
Feb 24, 2016 · Ujwal DISCOM Assurance Yojana (UDAY) is a financial restructuring and efficiency enhancing programme, aims to reduce the debt burden of the state owned electricity distribution companies (DISCOMs).
Nov 5, 2015 · UDAY (Ujwal DISCOM Assurance Yojana) for financial turnaround of Power Distribution Companies. The Union Cabinet chaired by the Hon’ble Prime Minister Shri Narendra Modi, has today given its approval to a new scheme moved by the Ministry of Power - Ujwal DISCOM Assurance Yojna or UDAY.
UDAY; Participation of State Electricity Department -O.M. 13th Jan 2016 (Size 998 KB)
Under the Union Budget 2020-21, the Indian government launched ‘UDAY 2.0’ scheme, with an aim to install smart prepaid metres, prompt payments by DISCOMs, ensure short-term availability of coal and revive gas-based plants.
Aug 2, 2023 · Implementation of Ujwal Discom Assurance Yojana (UDAY) Posted On: 02 AUG 2023 8:03PM by PIB Delhi. The Union Minister for Power and New & Renewable Energy has informed about the status of repayment of the bonds issued by the State Governments and the DISCOMs under the UDAY scheme.
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal launched the Ujwal DISCOM Assurance Yojana (UDAY) Web Portal & Mobile App, here today. It would track and monitor the progress of DISCOMs on operational and financial parameters under the UDAY scheme.
The Ujwal Discom Assurance Yojana (UDAY) was launched by the Ministry of Power in November 2015 for improving the financial health and operational efficiency of state-owned distribution companies (discoms) across the country.
