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RBI announces private placement of special securities under UDAY

By : sustainabilityo..., Mar 29, 2016

The RBI today asked market participants interested in subscribing to the special securities under UDAY scheme through private placement route to approach it by March 30.


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Subject Tags: distribution , power

Haryana joins UDAY to restructure Discom debt

By : sustainabilityo..., Mar 15, 2016

Haryana along with its DISCOMs—the Uttar Haryana Bijli Vitran Nigam and the Dakshin Haryana Bijli Vitran Nigam— has signed a memorandum of understanding (MOU) under UDAY – “Ujwal DISCOM...

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Uttar Pradesh to issue bonds worth Rs 3,677 crore to aid ailing state discoms

By : sustainabilityo..., Mar 11, 2016

The government's ambitious debt-recast plan for ailing state distribution companies received a shot in the arm with the decision of Uttar Pradesh to issue bonds worth Rs 3,677 crore to help...

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Subject Tags: distribution , power

Tamil Nadu's debt ridden power discom, with a debt of Rs 80,000 crore, needs to be put on the recovery path

By : sustainabilityo..., Feb 29, 2016

There was a promise of a fierce summer in March 2012 when Tamil Nadu chief minister J Jayalalithaa decided to meet activists and fishermen protesting even more fiercely against the Kudankulam...

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Subject Tags: distribution , power

Bihar Joins “UDAY” Scheme ; Sixth State to Sign MOU

By : sustainabilityo..., Feb 24, 2016

 The Government of India, the State of Bihar and the DISCOMs of Bihar (North Bihar Power Distribution Company Limited, and South Bihar Power Distribution Company Limited) has announced that it...

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Subject Tags: distribution , MoU , power

Four states set precedent for stringent targets under UDAY

By : sustainabilityo..., Feb 16, 2016

 As four major states sign up for Ujwal Discom Assurance Yojana (UDAY), around 34% of the total power distribution companies’ (discoms) debt is now under restructuring. A major portion of this...

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Tata Power innovates with Toshiba & Cargill

By : sustainabilityo..., Feb 12, 2016

Tata Power has announced that it has partnered with Toshiba and Cargill to design and develop India’s first Green, Safe and Compact Natural Ester based Pad Mount Substation

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Lahaul's terrain challenge to HP solar power dreams

By : sustainabilityo..., Feb 4, 2016

Himachal Pradesh government's plan to build a 1,000-MW solar energy park in the remote Spiti valley is facing a new challenge. Given the tough terrain of Spiti, the state government is seeking...

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ACME wins 150 MW solar project in Haryana

By : sustainabilityo..., Feb 2, 2016

Gurgaon-based solar power developer ACME Solar has secured a 150 MW solar power project in Haryana at a tariff rate of Rs 5 per unit.


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Subject Tags: distribution , solar power

Rajasthan signs MoU to join UDAY scheme

By : sustainabilityo..., Jan 28, 2016


Rajasthan has become the third state to sign a memorandum of understanding for joining the central government’s state electricity distribution utility revival scheme....

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