UDAY was not a failure, successive scheme might be announced in Budget: RK Singh

The power minister said all the Central schemes run by his ministry will be clubbed into one scheme, under which distribution companies will have to agree to trajectories to reduce losses to get financial assistance. “UDAY was not a failure. It reduced average commercial losses to 18.79% in financial year 2019 against 22% a year ago,” he said.

from Energy-Industry-Economic Times https://ift.tt/36qroNW