Mizoram is the 27th Indian State to join the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) program which was implemented by the government of India to assist in the financial and operational turnaround of DISCOMs.
The Government of India and the State Government of Mizoram signed a memorandum of understanding on April 2, 2017, to bring about the operational turnaround of Mizoram’s Power Department, stated a government release.
Mizoram will derive a net benefit of approximately Rs.1.98 billion (~$30.5 million) through UDAY and allow speedy availability of less expensive power to 22,007 households in the state that are still without electricity.
Mercom previously reported, the states of Meghalaya, Tripura, Arunachal Pradesh and Kerala joined the UDAY program in March, 2017.
Image credits : By AlexR.L., CC BY-SA 3.0 or GFDL
Saumy is a senior staff reporter with MercomIndia.com covering business and energy news since 2016. Prior to Mercom, Saumy was a copy editor at Thomson Reuters. Saumy earned his Bachelors Degree in Journalism & Mass Communication from the Manipal Institute of Communication at Manipal University. More articles from Saumy Prateek.