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Uttarakhand joins “UDAY” scheme ; would derive an overall net benefit of Rs 962 crore through “UDAY” (Ministry of Power of the Republic of India)

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(Source: Ministry of Power of the Republic of India) The Government of India, the State of Uttarakhand and the Uttarakhand Power Corporation Limited (UPCL) which takes care of the power distribution activity of Uttarakhand signed Memorandum of Understanding (MOU) under the Scheme UDAY - 'Ujwal DISCOM Assurance Yojana' on 31 March, 2016 for operational turnaround of the DISCOMs. Under UDAY, ten states have signed MoU till date. The combined DISCOM debt that would be restructured in respect of these states is around...

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