Eighteen states and one Union Territory viz., Puducherry have given their in-principle approval to join the scheme Ujwal DISCOM Assurance Yojana (UDAY). So far, 10 states have already signed the Memorandum of Understanding (MoU) with Ministry of Power under UDAY. This was stated by Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy in a written reply to a question in the Rajya Sabha. The Government of India has launched UDAY for the financial and operational turnaround of state-owned Power Distribution Companies (DISCOMs). The scheme aims to reduce interest burden, reduce the cost of power, reduce power losses in the distribution sector, and improve operational efficiency of the DISCOMs. The scheme also incentivises the states if they meet the operational milestones in the scheme.
FlashNews:
RAHSTA will drive road construction innovation: Sundaresan
Trimble MD champions digital solutions for industry growth at RAHSTA
Vipin Sondhi: Indian infra booms with road construction opportunities
RK Pandey promotes safe road development at RAHSTA launch
RAHSTA to pave the way for innovation in road construction: AK Singh, NHAI
Road construction leaders launch RAHSTA Expo 2024 in Delhi
Road construction industry launches RAHSTA Expo 2024 in Delhi
Road construction industry to launch RAHSTA Expo 2024
Shapoorji Pallonji divests Gopalpur port for Rs 33.5 bn
15th Cement EXPO to be held in March 2025 in Hyderabad
Debt Financing: Funding Sustainable Infra
$30 trillion economy seems possible
Indian Infrastructure: Attracting World Interest
IIFCL raises Rs 1,500 crore through bonds/debentures
Metro Rail sustainability suffering from affordability & connectivity
Dr E Sreedharan, India’s ‘Metro Man’ & India’s Top Metro Rail CEOs converge in Mumbai for CW Metro Rail Conference
Road Contracts awarded drop to less than half!
Synergy Steels clinches Award for Best Environment & Pollution Control Practices, 2023
Will QCBS phase out L1 for Infrastructure Procurement?
Home » ´States are joining UDAY´
Leave a Reply
You must be logged in to post a comment.