 "power, electricity")
On November 20, 2015, Prime Minister Narendra Modi’s government launched the Ujwal Discom Assurance Yojana (Uday) to improve the operational and financial efficiency of the state power distribution companies (discoms), with the outcomes to be measured through (a) reduction of aggregate technical and commercial (AT&C) losses to 15 per cent in 2018-19 and (b) reduction in gap between average cost of supply (ACS) and average revenue realised (ARR) to zero by 2018-19.
The government has designed several interventions to achieve these outcomes. These include: (a) taking over by the state governments of 75 per cent of the discoms’ debt as on
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper
