Indian state DISCOMs debts lower to pre-UDAY level – CRISIL
CRISIL, a global analytics company has come out with a report which is an analysis on DISCOMs of 15 states (Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Andhra Pradesh) being some. According to the report the aggregate external debt
UDAY SCHEME BRINGS BENEFITS TO DISCOMS
The Ujwal DISCOM Assurance Yojna (UDAY) scheme was launched in November 2015 by the Ministry of Power (MoP) and the Government of India (GoI). Since then, there has been significant improvement in the debts of the DISCOMs. The participating states have
FINANCIAL LOSSES FOR DISCOMS FALLING UNDER UDAY SCHEME DECREASE
In a recent analysis in the Financial Express, those discoms which are a part of the Ujjwal Discom Assurance Yojna (UDAY) scheme have seen a reduction in their financial losses by 21.5%. This amounts to a saving of Rs 40,295
UTTAR PRADESH ISSUES BONDS UNDER THE UDAY SCHEME
In an article in the Business Standard ,under the provisions of the Ujwal Discoms Assurance Yojna (UDAY) agreement, the state of Uttar Pradesh has issued bonds worth Rs 10,000 Cr. This is its second issuance against the debt of the
Review of UDAY Scheme on completion of one year
The UDAY scheme was launched an year ago, and was then touted as signature Discom reform scheme of the central government. In this article, we have analyzed the impact of UDAY scheme, responsiveness of the states, extent to which the
Cross-subsidy surcharge continues to rise
A recent article in Business Standard highlighted the disproportionate rise of cross-subsidy surcharge (CSS) in many states. We have been tracking this issue as well and had highlighted the problem in our blog & NL Volume 62. In the past, CSS
UDAY Scheme’s Impact on Renewable Energy Sector
The UDAY scheme was launched by the government in November 2015, and so far as met with a good response from the states (16 states representing more than 90% of DISCOM losses has joined) and from industry observers. These cover