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Ujwal DISCOM Assurance Yojana News

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Ujwal DISCOM Assurance Yojana (UDAY) envisages reduction in interest burden, cost of power and Aggregate Technical and Commercial (AT&C) losses. It was launched in November 2015.
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Eight states have issued bonds worth over Rs 98,959.96 crore under UDAY Bonds scheme in 2015-16, which is aimed at improving operational and financial efficiency of state power distribution companies
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Rajasthan has issued Rs 28,455 crore bonds under UDAY scheme, meant for the revival of power distribution companies, to 26 banks at an interest rate of 8.39 percent.
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 As many as 15 states have agreed to opt for UDAY scheme, meant for revival of debt stressed power distribution companies (discoms) in the country, Union Minister Piyush Goyal said today.






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