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    E
    Energy and Power
    SECTOR | 19 Dec 2016

    Power (Update): UDAY - Light at the end of a long tunnel

    buy
    Energy and Power
    by HDFC Securities
    HDFC Securities
    A year after launch, the Power Ministrys UDAY scheme has covered 17 states, representing ~68% of Indias cumulative Discom debt and ~70% of Indias power consumption footprint. We analysed the 17 MoUs to understand whether Discoms plans to turn profitable by FY20E are feasible.
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