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Uday scheme

UDAY SCHEME NEWS

In spite of UDAY, no rise in power company turnaround

August 05, 2023 9:07 am

The Department of Finance granted refund on account of zero rated exports without obtaining proof of exports.

Nursing the ailing power discoms back to health

October 14, 2021 7:52 am

Sabyasachi Majumdar, Girishkumar Kadam write: Strong political will is needed to ensure sustainable turnaround their finances.

Why central government schemes to improve financial position of discoms have not worked

August 13, 2021 7:44 am

Somit Dasgupta writes: Due to all the problems associated with reform-linked assistance schemes, an alternate approach is providing only transitional financial support to all discoms, which are privatised under the private-public partnership mode.

Cabinet relaxes working capital norm for discoms to get loan under Rs 90k cr liquidity plan

August 19, 2020 5:01 pm

Under the UDAY, the banks and financial institutions are restricted to lend working capital up to 25 per cent of a discom's revenue in the previous year.

Power Min: UDAY not a failure ... new scheme will bring down losses

January 28, 2020 4:06 am

The Power Ministry has had discussions with the Finance Ministry, said Singh on the sidelines of the event, adding that he was “optimistic” that the new scheme would find a place in the Budget.

Power under pressure

May 22, 2019 1:41 am

High AT&C losses, inadequate tariff hikes, continue to pose challenges to discoms.

Haryana’s financial health better than earlier: Captain Abhimanyu

March 31, 2016 3:16 am

Haryana Finance minister dubbed the financial impact of UDAY scheme for power distribution companies and hike in salaries due to 7th Pay Commission as major challenges before the state.

Uday scheme: Bailout may swell fiscal deficit of states, Centre to around 8.5% of GDP

December 23, 2015 1:41 am

From 2017-18, the SEBS’ losses will have to be taken over by the states without any relief on the FRBM front.

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