UDAY is a ambitious scheme launched by Hon’ble Prime Minister’s with a vision of affordable and accessible 24×7 Power for All. It is another big step made in the Power sector over the past one and a half years, This scheme includes new ways for fuel supply (highest coal production growth in over 2 decades), to generation (highest ever capacity addition), transmission (highest ever increase in transmission lines) and consumption (over 2.3 crore LED bulbs distributed). » Read more
On Monday, Tamil Nadu had signed up for the center’s scheme for revival of financially stressed state-owned power distribution companies after having dithered for over a year. The southern state (21st state to join Ujwal Discom Assurance Yojana (UDAY)) is also one of four states with largest accumulated debt of over Rs 40,000 crore.