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UDAY portal, app launched for State

By Spl Correspondent
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NEW DELHI, Jan 4 - Union Minister of State for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal today launched the Ujwal DISCOM Assurance Yojana (UDAY) web portal and mobile app, which are projected to ensure overall net benefit of approximately Rs 1,663 crore to Assam.

The app is envisaged to track and monitor the progress of DISCOMs on operational and financial parameters under the UDAY scheme. The app will ensure transparency, enhance accountability of stakeholders and facilitate view of near real-time progress, enabling consumers to demand better services.

During the event, Telangana and Assam joined UDAY by signing memorandums of understanding with the Ministry of Power for operational and financial turnaround of their respective DISCOMs, taking the tally in the UDAY club to 20. States with over 90 per cent of total DISCOM debts were covered under UDAY, said Goyal.

The gains to these States through demand side interventions in UDAY, such as usage of energy-efficient domestic, as well as industrial and commercial equipment, is expected to be around Rs 260 crore. The States of Telangana and Assam are also expected to benefit by around Rs 2,250 crore and Rs 520 crore, respectively, on account of the support being extended by the Centre.

An overall net benefit of approximately Rs 1,663 crore would accrue to Assam under the UDAY by way of savings in interest cost, reduction in Aggregate Technical and Commercial and transmission losses, interventions in energy efficiency, coal reforms during the period of turnaround, said Goyal.

Giving details of the UDAY portal, Goyal informed that it would provide details of latest progress made by various DISCOMs, as recent as last quarter. The DISCOM-level data will be integrated into State-level and national-level data, which will be processed and used for advanced performance analysis. The National, State and DISCOM level dashboards will thus provide a snapshot of latest financial and operational performance at various levels in public domain.

Giving examples of achievements in UDAY among States, the minister quoted the Rajasthan DISCOM where, in less than two years, annual losses of around Rs 15,000 crore will soon be converted into profits.

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UDAY portal, app launched for State

NEW DELHI, Jan 4 - Union Minister of State for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal today launched the Ujwal DISCOM Assurance Yojana (UDAY) web portal and mobile app, which are projected to ensure overall net benefit of approximately Rs 1,663 crore to Assam.

The app is envisaged to track and monitor the progress of DISCOMs on operational and financial parameters under the UDAY scheme. The app will ensure transparency, enhance accountability of stakeholders and facilitate view of near real-time progress, enabling consumers to demand better services.

During the event, Telangana and Assam joined UDAY by signing memorandums of understanding with the Ministry of Power for operational and financial turnaround of their respective DISCOMs, taking the tally in the UDAY club to 20. States with over 90 per cent of total DISCOM debts were covered under UDAY, said Goyal.

The gains to these States through demand side interventions in UDAY, such as usage of energy-efficient domestic, as well as industrial and commercial equipment, is expected to be around Rs 260 crore. The States of Telangana and Assam are also expected to benefit by around Rs 2,250 crore and Rs 520 crore, respectively, on account of the support being extended by the Centre.

An overall net benefit of approximately Rs 1,663 crore would accrue to Assam under the UDAY by way of savings in interest cost, reduction in Aggregate Technical and Commercial and transmission losses, interventions in energy efficiency, coal reforms during the period of turnaround, said Goyal.

Giving details of the UDAY portal, Goyal informed that it would provide details of latest progress made by various DISCOMs, as recent as last quarter. The DISCOM-level data will be integrated into State-level and national-level data, which will be processed and used for advanced performance analysis. The National, State and DISCOM level dashboards will thus provide a snapshot of latest financial and operational performance at various levels in public domain.

Giving examples of achievements in UDAY among States, the minister quoted the Rajasthan DISCOM where, in less than two years, annual losses of around Rs 15,000 crore will soon be converted into profits.