Singapore, Feb 2 (ANI): India's proposed plan to improve operations and finances of state-owned distribution companies (discoms), the weakest link in power supply value chain, will help mitigate cash flow stress observed in rated power generation companies (gencos) over time, according to Fi
New Delhi [India], Aug 19 (ANI): The Cabinet Committee on Economic Affairs has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans to Distribution Companies (discoms) above limits of the working capital cap of 25 p
New Delhi [India], Feb 24 (ANI): Union Railway Minister Piyush Goyal on Saturday said that the Ujwal DISCOM Assurance Yojana (UDAY) provides a viable roadmap for the future.
New Delhi [India], Nov 21 (ANI): Nagaland, Andaman and Nicobar Islands, Dadra and Nagar Haveli, and Daman and Diu have signed a Memorandum of Understanding (MoU) with Government of India, under Ujwal Discom Assurance Yojana (UDAY) scheme.
New Delhi [India] Nov. 6 (ANI): Rural Electrification Corporation Limited (REC) on Monday declared financial results for the quarter and half year ended on September 30, 2017.