Full Form of UDAY
The full form of UDAY is Ujwal DISCOM Assurance Yojana. The UDAY is launched by Ministry of Power, Government of India which was approved by cabinet on 5th November, 2015.
Key Features of UDAY
- Reduce the cost of power generation
- Development of renewable energy
- Energy efficiency
- Energy conservation
- Operation improvement
- Benefits to States of INDIA
- Increase supply of coal
- Coal price rationalization
- Supply additional coal at notified price
- Faster completion of interstate transmission line
- Power purchase through bidding process
Funding to UDAY
- Priority funding provided by Deen Dayal Upadyay Gram Jyoti Yojana ( DDUGJY), Integrated Power Development Scheme ( IPDS ) etc.
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