UDAY success to bring huge benefits for solar sector in India

BRIDGE TO INDIA | 24 October 2016

The Ministry of Power’s Ujwal DISCOM Assurance Yojana (UDAY), a financial and operational reform scheme for distribution companies (DISCOMs), announced in November 2015 (refer) is bearing surprisingly quick and positive results. The scheme aims to address debilitating financial health of most state power distribution companies (DISCOMs) leading to offtake concerns for private power generators and stress in the overall banking sector. So far, 18 states including some of the most


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