8.2.5. Ujwal DISCOM Assurance Yojana (UDAY)

Ujwal DISCOM Assurance Yojana (UDAY), a scheme for financial and operational turnaround of Power Distribution Companies was formulated and launched by the Government on 20th November, 2015 in consultation with the various stakeholders. The scheme aims to provide a permanent solution to legacy debts of approximately Rs.4.3 lakh crores and address potential future losses.