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UDAY scheme News

15 Aug 2017

UDAY no panacea, pushed states' fiscal deficit by 0.7%: Survey

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.

Spectrum auction plan

22 Jun 2016

Spectrum auction norms, new textile policy, extension of UDAY scheme get Cabinet nod

The Union cabinet on Wednesday approved the norms for the next round of spectrum auctions and a new textiles policy to push manufacturing and exports, besides extending the scheme to assist debt-ridden power distribution companies in the state sector.

22 Jun 2016

Relief for discoms: Cabinet extends timeline for states to join UDAY scheme

Union Cabinet on Wednesday approved a proposal to extend timeline for joining UDAY scheme meant for revival of debt-laden discoms and issue bonds for paying their outstandings during this fiscal.

07 Apr 2016

UDAY scheme likely to affect state finances: RBI Report

RBI today said power sector reform scheme UDAY may have adverse implications for state finances on account of burgeoning liabilities due to takeover of 75 percent of the existing debt of discoms and hurt growth by impacting developmental expenditure.

28 Mar 2016

RBI announces pvt placement of special securities under UDAY

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

18 Mar 2016

Uday Scheme blown out of race

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Electrification of villages

04 Mar 2016

All villages to be electrified by next March: Piyush Goyal

Government will meet its target of electrifying 18,452 villages by March next year, much ahead of the May 2018 deadline as over a third of the task has been completed already, Power Minister Piyush Goyal said.

04 Jan 2016

Half of all states to join UDAY for revival of discoms: Power Minister

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.

28 Dec 2015

Renewables in limelight in 2015; Discoms' debt remain a worry

Renewables emerged as the light at the end of the tunnel for the power sector, which continued to be bogged down by the debt worries of discoms during 2015 and all eyes are on the ambitious UDAY scheme on whether it can prove to be the much-needed elixir in the New Year.

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