Mizoram signs UDAY MoU, 27th state to join the scheme

Last Modified: Mon Apr 03 2017 09:58:01 GMT+0530 (India Standard Time)
  • 31 Mar 2017
    The Government of India and the State of Mizoram signed a Memorandum of Understanding (MOU) under the Scheme Ujwal DISCOM Assurance Yojana (UDAY) today, for operational improvement of the State’s Power Distribution Department.
  • -
    outstanding debt of the state's DISCOM as on 30 September 2015.
  • -
    amount of debt (75%) owed by all DISCOMs now passed over to the state.
  • -
    or 25% of state's DISCOM debt will now be repaid with fresh state guaranteed DISCOM bonds to be issued at coupon rates around 3% - 4% less than the average existing interest rate.
  • Rs. 198 crore
    Savings through UDAY by way of cheaper funds, reduction in AT&C and transmission losses, interventions in energy efficiency, etc. during the period of turnaround.
  • Rs. 166 crore
    The estimated additional revenues till FY 19 to accrue through reduction in AT&C losses and transmission losses.
  • Rs. 30 crore
    The gain expected till FY 19 through Demand Side interventions such as usage of energy- efficient LED bulbs, fans & air-conditioners and efficient industrial equipment.
  • -
    gain through coal reforms, such as availability of 100% washed coal.
  • Rs. 198 crore
    Estimated overall benefit.