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UDAY scheme fails to provide a panacea for ailing discoms

By : sustainabilityo..., Feb 6, 2017

More than one year since its launch and 82 per cent of bailout package (bonds) utilised by States; Ujwal DISCOM Assurance Yojana (UDAY) is failing to bring a new dawn for the State-run power...

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Higher coal prices, clean energy cess wiped out UDAY gains

By : sustainabilityo..., Jan 20, 2017

Power procurement costs have risen as higher coal prices and clean energy cess have wiped out gains from government moves to reduce costs under the Ujwal Discom Assurance Yojana (UDAY) scheme,...

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All states except Uttar Pradesh ink pact to achieve 24X7 power

By : sustainabilityo..., Jan 11, 2017

All states barring Uttar Pradesh have inked agreements with the Centre to achieve the milestone of providing '24x7 Power For All (PFA)'. 

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Power Ministry to give major thrust to hydro power: Piyush Goyal

By : sustainabilityo..., Jan 10, 2017

There will be a major thrust on hydro sector by different ways to bring down cost of electricity from this renewable source, Power Minister Piyush Goyal said today. 

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Tamil Nadu to save Rs 11,000 crore upon joining UDAY Scheme

By : sustainabilityo..., Jan 9, 2017

Tamil Nadu will become the 21st state to join UDAY scheme, meant for revival of debt stressed discoms, tomorrow which would help it save around Rs 11,000 crore during the period of turnaround by...

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Incentives to states progressing under Uday: Piyush Goyal

By : sustainabilityo..., Jan 6, 2017

The government will consider incentives for states whose power distribution utilities are progressing well under Ujwal Discom Assurance Yojna (Uday).

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Telangana, Assam to join UDAY scheme

By : sustainabilityo..., Jan 4, 2017

Telangana and Assam are slated to join the UDAY scheme meant for revival of loss making discoms Wednesday, which will result in overall net benefits of Rs 6116 crore and Rs 1,663 crore to them...

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Himachal Pradsh 18th state to join UDAY, to get benefit of Rs 823 crore

By : sustainabilityo..., Dec 9, 2016

Himachal Pradesh has become the 18th state to join UDAY, a central scheme for revival of debt stressed power distribution companies, availing a net benefit of about Rs 823 crore. “Government of...

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Reforms to help halve discom losses by fiscal 2019

By : sustainabilityo..., Oct 21, 2016

CRISIL estimates that the aggregate gap or loss, of distribution companies (discoms) of 15 states that joined the Ujwal Discom Assurance Yojna (UDAY), would more than halve to 28 paise per unit...

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Andhra to issue securities worth Rs 8,256 cr under UDAY

By : sustainabilityo..., Oct 14, 2016

The Andhra Pradesh government proposes to issue special securities worth Rs 8,256.01 crore under the Ujjwal Discom Assurance Yojna Scheme (UDAY).

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Subject Tags: DISCOM , UDAY Scheme