Uttar Pradesh, Maharashtra, Bihar & Orissa Joined “UDAY”

Uttar Pradesh, Maharashtra, Bihar & Orissa Joined “UDAY”

15 States Voluntarily Joined So Far Covering 90% of Discoms Debt Says Shri Piyush Goyal 

Four major States namely Uttar Pradesh , Bihar , Odisha and Maharashtra have agreed to join “UDAY” Ujwal Discom Assurance Yojana today. This was announced by Shri Piyush Goyal, Minister of State ( IC) for Power, Coal and New & Renewable Energy at a media briefing here today . Shri Goyal said “ this is a very important day in the history of power sector in India where on one day, 4th Jan , four very large and important States have agreed to come on board and joined the UDAY Scheme.” Shri Goyal further stated that within 2 months of the announcement of UDAY Scheme , a total of 15 out of 29 States /UTs have voluntarily joined UDAY which covers 90 % of the total debt of Discoms . The fifteen States are Uttar Pradesh, Bihar , Odisha , Maharashtra , Andhra Pradesh, Himachal Pradesh, Madhya Pradesh, Uttarakhand, Chhattisgarh, Jammu & Kashmir , Jharkhand , Gujarat , Punjab, Haryana and Rajasthan .


The Scheme – UDAY (Ujwal Discom Assurance Yojana) has been launched to improve financial and operational efficiencies of power distribution companies (DISCOMs). It envisages to reduce interest burden, cost of power and AT&C losses. Consequently, DISCOM would become sustainable to supply adequate and reliable power enabling 24x7 power supply. The scheme provides that States would take over 75% debt of Discoms, as on 30th September, 2015 in two years.

UDAY has inbuilt incentives encouraging State Governments to voluntarily restructure their debts. These incentives include taking over of DISCOM debt by the States outside the fiscal deficit limits; reduction in the cost of power through various measures such as coal linkage rationalization, liberal coal swaps, coal price rationalization, correction in coal grade slippage, allocation of coal linkages at notified prices; priority/additional funding through schemes of MoP & MNRE; and, reduction in interest burden. UDAY is different from earlier restructuring schemes in several ways including flexibility of keeping debt taken over outside fiscal deficit limit, reduction in cost of power and a series of time bound interventions for improving operational efficiency. UDAY provides for measures that will reduce the cost of power generation, which would ultimately benefit consumers. 
160 Villages Electrified last week; 42% increase over week before 
Ministry of Power has electrified 160 villages last week (ending on 2nd January 2016) in the country. Out of these electrified villages, 57 villages in Chhattisgarh, 40 in Odisha, 27 in Bihar, 16 in Rajasthan, 9 in Jharkhand and Uttar Pradesh each and one village falls in states of Tripura and Assam each. Electrification of 160 villages resulted in overall increase of 42 percent over the week before of ongoing electrification process under Deen Dayal Upadhyaya Gram Jyoti Yojna( DDUGJY). In his tweet, Shri Piyush Goyal, Union Minister of State (IC) for Power, Coal and New & Renewable Energy said, “Happy to share that we electrified 160 villages last week, an increase of 42% over the week before”.

In view of the Prime Minister, Shri Narendra Modi’s address to nation, on Independence Day, Government of India has decided to electrify remaining 18,452 un-electrified villages by 01st May, 2018.  The project has been taken on mission mode and strategy for electrification consists of squeezed implementation schedule of 12 months with 12 Stage milestones for village electrification monitoring with defined timelines.
For providing real time updated data of ongoing electrification process to all users and stakeholders, 'Grameen Vidyutikaran' Mobile App was launched by Shri Piyush Goyal recently. The App can be downloaded from the 'Google Play Store' athttps://play.google.com/store/apps/details?id=com.phonegap.kyrovidyut

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