Tamil Nadu Becomes 21st Indian State to Join UDAY

January 10, 2017

thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Tamil Nadu has become the 21st state in India to join the Ujwal DISCOM Assurance Yojana (UDAY), a government program designed to facilitate financial turnaround of DISCOMs (distribution company). Tamil Nadu carries a debt of around ₹500 billion (~$7.4 billion), a large chunk of the total India DISCOM debt of ₹4,000 billion (~$58.9 billion).

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS