Search
Discoms’ UDAY results: Rs 12,000 Cr saved, but fail to meet operational goals
May 09, 2017
- By December last year, state-run power distribution companies (discoms) saved close to Rs 12,000 crore in interest costs, thanks to the UjwalDiscom Assurance Yojana (UDAY), but they have had a less than creditable record so far in meeting the crucial efficiency parameters set under the scheme.
- According to the official data reviewed by FE, of the 27 states that have adopted UDAY, only 10 revised the power tariffs for FY18, with the increases below what was mandated for six of them.
- Worse, the aggregate technical and commercial (AT&C) losses slipped further in the case of discoms in 12 UDAY states from the levels in March 2016.
