 "19 states under Uday invoked tariff revisions: Care Ratings")
About 19 of the total 22 states that have joined the UjwalDISCOM Assurance Yojana (UDAY) programme has invoked revisions in the tariff structures till December 2016, said a report by CARE Ratings.Uday is the financial turnaround and revival package for electricity distribution companies of India (DISCOMs) launched by Power Minister Piyush Goyal in November 2015.
The revival roadmap is through allowing the concerned state governments to take over 75 percent of their debt and pay back the lenders by selling bonds. Discoms were allowed to issue bonds for the remaining 25 per cent of their debt. Uday has put a
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