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DEBT LADEN DISCOMS
States to face fund cuts for missing UDAY targetsThe Centre in November 2015 had launched the UDAY to bring about operational and financial turnaround of debt-laden power distribution comp...- Discom losses down 70% to Rs 17K cr, says reportAccording to the Deutsche Bank Market Research report, UDAY scheme has also helped discoms cut aggregate technical and commercial losses by...
- 24 states under UDAY cut losses to nearly Rs 37,000-cr in FY'17The Ujwal DISCOM Assurance Yojana (UDAY) was launched for the operational and financial turnaround of state-owned Power Distribution Compan...
- Discoms save Rs 15K crore under UDAY schemeThe Ujwal DISCOM Assurance Yojana (UDAY) was launched in November, 2015 and has completed more than 18 months of operation.
- Energy policy may bring subsidy cut, price control in power, fertilisersKey suggestions being considered include overhauling the entire structural and functional capacity of discoms so that they operate more pro...
- Rajasthan, Haryana, Chhattisgarh discoms major gainers under UDAY"State power distribution companies are reporting handsome savings and improvements in operational efficiency and found ways of cutting dow...
- Madhya Pradesh, Tamil Nadu among four states to join UDAY soonPower Minister Piyush Goyal has recently met Tamil Nadu Chief Minister J Jayalalithaa in an effort to get the state on board on UDAY.
- Government extends timeline for states to join UDAY schemeUnder UDAY, states were required to join the scheme last fiscal and issue bonds to pay off discoms debt ,state suffer loss of over Rs 60,00...
- Karnataka, Goa ink pact to join UDAY scheme: Piyush Goyal"Karnataka signed UDAY MoU resulting in gains of around Rs 4,300 crore over the next 3 years," Power Minister Piyush Goyal said in a tweet.
- Uday can save Rs 22,400 crore for Tamil Nadu: Power MinistryTamil Nadu electricity minister Natham R Viswanathan termed price increases every quarter under UDAY a harsh imposition on the poor.
- Realty, FMCG, NBFCs, oil & gas top sectors to bet on as govt pushes hard for growthIt could be seen that a flat industrial output growth rate so far in this financial year is signalling that the growth momentum in the econ...
- Centre urges West Bengal government to join power scheme UDAYIn order to ensure round the clock electricity to all, Piyush Goyal has urged West Bengal govt to join the UDAY scheme.
- Uttar Pradesh joins Centre's 'UDAY' schemeGovernment today said Uttar Pradesh has formally joined the Centre's 'UDAY' scheme for reviving debt-laden discoms.
- Haryana joins UDAY scheme for debt-laden discomsGovernment said Haryana has formally joined the Centre's 'UDAY' scheme for reviving debt- laden discoms, becoming the eleventh state to joi...
- Piyush Goyal confident of all states joining discom scheme 'UDAY'Power Minister Piyush Goyal today expressed confidence that all the states in the country will join the Centre's 'UDAY' scheme.
- Gujarat joins UDAY scheme for debt-laden discomsGujarat has formally joined the Centre's 'UDAY' scheme for revival of debt-laden discoms, becoming the 10th state so far to join the progra...
- Chhattisgarh joins UDAY scheme for debt-laden discomsChhattisgarh has formally joined the 'UDAY' scheme of the central government which is meant for revival of debt-laden discoms.
- Power Ministry to approach Cabinet for tweaking FRP for some statesThe Power Ministry will soon approach the Cabinet for allowing it to incorporate certain changes in the government's debt recast plan.
- Debt-laden Tamil Nadu discom Tangedco begins to repay duesThe hugely debt-ridden Tangedco has started repaying dues it has for long owed power producers and vendors.
- Jharkhand starts unbundling SEB; to apply for discom package soonIn order to avail the Centre-backed FRP for debt-laden power distribution companies (discoms), states have to approach the Ministry of Powe...
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