UDAY(Ujwal DISCOM Assurance Yojana) Scheme – Status Updates

One of the major challenges faced by the Indian Power sector relates to the financial health of the Distribution Companies(DISCOMS). At the end of the Financial Year 2014-15(March 2015), DISCOMS in India had accumulated losses of about Rs. 3.8 Lakh Crores and outstanding debt of about Rs. 4.3 Lakh Crores. The poor financial strength of the discoms have led to power shortages, inability to provide achieve 100% electrification and inability to increase power generation.
UDAY (Ujwal DISCOM Assurance Yojana) was launched in November 2015 with the objective of  financial turnaround of Power Distribution Companies. States signing up for UDAY scheme will get assistance from the Ministry of Power in several ways like

  • Reduction in power cost through better coal linkages, coal swaps and others
  • Reduced borrowing costs
  • Grant of additional/priority funding through Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY),Integrated Power Development Scheme (IPDS), Power Sector Development Fund (PSDF) or other such schemes of Ministry of Power and Ministry of New and Renewable Energy.

All the support from the central government would be based on achieving operational milestones. Details of the scheme can be downloaded here.
The list of all the states that have joined UDAY scheme are as follows.

StateMonth of Joining
1Andhra PradeshJune 2016
2Arunachal PradeshMarch 2017
3AssamJanuary 2017
4Bihar February 2016
5ChhattisgarhJanuary 2016
6GoaJune 2016
7GujaratFebruary 2016
8Jammu & KashmirMarch 2016
9JharkhandJanuary 2016
10HaryanaMarch 2016
11Himachal PradeshOctober 2016
12KarnatakaJune 2016
13KeralaMarch 2017
14Madhya PradeshAugust 2016
15MaharashtraOctober 2016
16ManipurJuly 2016
17Meghalaya
18MizoramApril 2017
19PunjabMarch 2016
20PuducherryAugust 2016
21RajasthanJanuary 2016
22SikkimFebruary 2017
23TamilnaduJanuary 2017
24TelanganaJanuary 2017
25TripuraMarch 2017
26Uttar PradeshJanuary 2016
27UttrakhandApril 2016
The operational performance updates of these states can be accessed here.