Tamil Nadu is finally expected to join Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) program on Monday, according to sources. The state will become the 21st member state to join UDAY program.
Out of the proposed ~₹4 lakh crore (~$58.9 billion) debt to be wiped out through UDAY program, Tamil Nadu DISCOMs alone account for ₹50,000 crores (~$7.4 billion).
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Wendy is a co-founder of Mercom Capital Group, the parent company of Mercom India. Wendy is a contributing editor at MercomIndia.com and is responsible for content quality across the company and products. She has over 15 years of business and finance experience in the energy and technology markets. In addition to Mercom, Wendy has written for many other clean energy-focused blogs and publications. More articles from Wendy Prabhu.