Ujwal DISCOM Assurance Yojana News
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.
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
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.
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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