How Do We Need To Strengthen Discoms to Increase Efficiency

One such initiative is the Ujwal Discom Assurance Yojana (UDAY) that aims to create a paradigm shift in the pattern of distribution of power in India. UDAY bonds have been floated to provide funds and revive debt stricken discoms. This has attracted the insurance sector’s attention due to its low credit risk, attractive spreads and guarantee from the state government.

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