The Union Minister for Power and New & Renewable Energy has informed about the status of repayment of the bonds issued by the State Governments and the DISCOMs under the UDAY scheme. The Minister informed that as per OM dated 20th November, 2015 of UDAY Scheme (Clause 7), for Operational and Financial Turnaround of Power Distribution Companies–
The Minister informed that the summary of bonds issued under UDAY scheme is as below. The maturity period of these bonds varies from State to State and is between 5 and 15 years.
SUMMARY OF BONDS ISSUED UNDER UDAY SCHEME
Sl. No.
State
Discom Liabilities (as per MoU) as on
30-09-2015
Discom Liabilities to be restructured as on 30-09-2015
Total Bonds issued by State till date
Total Bonds issued by Discom till date
Total bond issued under UDAY till date
Remaining Bonds to be issued by State
Remaining Bonds to be issued by Discoms
1
ANDHRA PRADESH
14721
14721
8256
0
8256
0
6465
2
ASSAM
1510
No bonds have been issued by the Govt. of Assam as the state took over loss in the form of grant and equity.
3
BIHAR
3109
3109
2332
777
3109
0
0
4
CHHATISGARH
1740
870
870
0
870
0
0
5
HARYANA
34602
34518
25951
0
25951
0
8566
6
HIMACHAL PRADESH
3854
3854
2891
0
2891
0
963
7
JAMMU & KASHMIR
3538
3538
3538
0
3538
0
0
8
JHARKHAND
6718
6136
6136
0
6136
0
0
9
MADHYA PRADESH
34739
7360
7360
0
7360
0
0
10
MAHARASHTRA
22097
6613
4960
0
4960
0
1653
11
MEGHALAYA
167
167
125
0
125
0
42
12
PUNJAB
20838
20262
15629
0
15629
0
4633
13
RAJASTHAN
80530
76120
59722
12368
72090
0
4030
14
TAMIL NADU
30420
30420
22815
0
22815
0
7605
15
TELANGANA
11897
11244
8923
0
8923
0
2321
16
UTTAR PRADESH
53935
50125
39133
10377
49510
0
616
TOTAL
324415
269057
208641
23522
232163.29
0
36894.35
%age of Bonds issued to total debts to be restructured
86%
Note: States - Goa, Uttarakhand, Gujarat, Karnataka, Manipur, Puducherry, Sikkim, Tripura, Kerala, Arunachal Pradesh, Mizoram have only opted for operational parameters under UDAY, hence, their debt was not taken over by State.
Giving the details of the States that have achieved or failed to achieve the targets of reducing Aggregate Technical & Commercial (AT&C) losses and eliminating Average Cost of Supply-Average Realisable Revenue (ACS-ARR) gap under the UDAY scheme, the Minister informed that as a result of participation of DISCOMs under UDAY and other efficiency measures, State Power Distribution Utilities reported improvements which include:
State-wise details of AT&C losses and ACS-ARR gap are given below.
AT&C LOSS
State
FY 2015-16
FY 2016-17
FY 2017-18
FY 2018-19
FY 2019-20
Andaman & Nicobar Islands
30.28
23.43
23.34
Andhra Pradesh
10.36
13.77
14.15
25.67
10.77
Arunachal Pradesh
54.58
53.64
51.08
52.53
40.49
Assam
26.02
20.11
17.64
20.19
23.39
Bihar
43.30
43.34
33.51
33.30
39.95
Chandigarh
9.56
13.50
15.86
Chhattisgarh
22.10
23.87
20.74
24.96
18.46
Dadra & Nagar Haveli
6.55
5.45
3.56
Daman & Diu
17.11
6.19
4.07
Delhi
12.44
10.79
9.87
9.12
8.26
Goa
19.77
24.33
10.48
17.61
11.41
Gujarat
16.23
14.42
12.19
13.06
10.95
Haryana
29.27
26.42
21.78
18.08
18.26
Himachal Pradesh
9.68
11.48
11.08
12.46
13.33
Jammu & Kashmir
58.75
59.96
53.67
49.94
60.46
Jharkhand
33.34
40.83
44.72
28.33
37.13
Karnataka
17.13
16.84
15.61
19.82
17.58
Kerala
12.40
13.42
12.81
9.10
13.12
Lakshadweep
19.15
26.82
13.69
Madhya Pradesh
27.37
26.80
30.51
36.63
30.38
Maharashtra
21.74
22.84
14.07
15.30
18.56
Manipur
31.72
33.01
27.46
25.26
23.30
Meghalaya
45.98
38.81
41.19
35.22
31.67
Mizoram
35.18
24.98
16.16
16.20
20.66
Nagaland
33.44
38.50
110.85
65.73
64.79
Odisha
38.60
37.19
33.59
31.55
28.94
Puducherry
22.43
21.34
19.19
19.77
18.45
Punjab
15.88
14.46
17.31
11.28
14.35
Rajasthan
31.59
27.33
24.07
28.25
29.86
Sikkim
43.89
35.62
32.48
41.83
28.77
Tamil Nadu
16.83
18.23
19.47
17.86
15.00
Telangana
14.01
15.19
19.40
18.41
21.92
Tripura
32.68
28.95
30.04
38.03
35.71
Uttar Pradesh
39.76
40.91
37.34
32.75
29.64
Uttarakhand
18.01
16.68
16.34
17.45
20.35
West Bengal
28.08
27.83
22.71
19.66
17.76
Grand Total
23.70
23.72
21.57
21.64
20.73
ACS-ARR GAP on Tariff Subsidy received (excluding Regulatory Income and Revenue Grant under UDAY for loan takeover)
State
FY 2015-16
FY 2016-17
FY 2017-18
FY 2018-19
FY 2019-20
Andaman & Nicobar Islands
19.40
19.19
19.24
Andhra Pradesh
0.80
0.52
0.09
2.63
(0.18)
Arunachal Pradesh
0.49
3.65
3.66
4.47
4.90
Assam
0.23
0.06
(0.32)
(0.32)
(1.04)
Bihar
0.46
0.51
0.68
0.61
0.91
Chandigarh
(1.12)
(0.64)
(0.27)
Chhattisgarh
(0.01)
0.21
0.16
0.24
0.02
Dadra & Nagar Haveli
0.01
(0.02)
(0.03)
Daman & Diu
(0.26)
0.61
0.52
Delhi
(0.37)
(0.08)
(0.08)
(0.22)
0.20
Goa
0.71
0.70
(0.23)
0.27
0.61
Gujarat
(0.02)
(0.05)
(0.11)
(0.05)
(0.11)
Haryana
0.16
0.04
(0.08)
(0.05)
(0.06)
Himachal Pradesh
(0.31)
0.18
0.03
(0.09)
(0.03)
Jammu & Kashmir
3.00
2.65
1.85
1.72
2.03
Jharkhand
0.93
1.39
0.16
0.57
0.87
Karnataka
0.33
0.53
0.36
0.68
0.37
Kerala
0.30
0.62
0.32
0.05
0.10
Lakshadweep
19.11
21.37
20.58
Madhya Pradesh
0.87
0.81
0.88
1.33
0.69
Maharashtra
0.43
0.59
0.25
(0.22)
0.27
Manipur
0.02
0.06
0.08
0.06
0.06
Meghalaya
0.82
1.66
1.16
0.85
1.86
Mizoram
2.06
2.12
2.13
3.70
0.57
Nagaland
0.20
0.81
1.22
1.30
1.21
Odisha
0.39
0.38
0.32
0.60
0.34
Puducherry
(0.02)
0.03
(0.02)
0.13
0.97
Punjab
0.53
0.65
0.48
(0.07)
0.17
Rajasthan
1.83
1.79
1.49
1.50
1.49
Sikkim
2.09
1.20
0.25
0.02
1.71
Tamil Nadu
0.67
0.50
1.41
1.80
1.75
Telangana
0.74
1.23
1.11
1.38
1.09
Tripura
0.42
0.10
(0.08)
(0.14)
0.30
Uttar Pradesh
0.29
0.33
0.42
0.52
0.32
Uttarakhand
0.10
0.24
0.18
0.56
0.21
West Bengal
0.52
0.36
(0.01)
0.10
0.22
Grand Total
0.54
0.59
0.49
0.66
0.50
Providing the details of the challenges and constraints faced in the implementation and monitoring of the UDAY scheme and the steps taken to address them, the Minister informed that the Ministry of Power vide Office Memorandum dated 19.01.2016 constituted Monitoring Committee under the Chairmanship of Secretary (Power) and the progress of the scheme and challenges faced were regularly reviewed during the Monitoring Committee meetings. No major challenges were reported for implementation of scheme. The period of the scheme was from FY2015-16 to FY2019-20.
This information has been given by the Union Minister for Power and New & Renewable Energy Shri R. K. Singh, in a written reply to a question, in Rajya Sabha today, August 2, 2023.
***
PIB DELHI | AM / DJM
The Union Minister for Power and New & Renewable Energy has informed about the status of repayment of the bonds issued by the State Governments and the DISCOMs under the UDAY scheme. The Minister informed that as per OM dated 20th November, 2015 of UDAY Scheme (Clause 7), for Operational and Financial Turnaround of Power Distribution Companies–
The Minister informed that the summary of bonds issued under UDAY scheme is as below. The maturity period of these bonds varies from State to State and is between 5 and 15 years.
SUMMARY OF BONDS ISSUED UNDER UDAY SCHEME
Sl. No.
State
Discom Liabilities (as per MoU) as on
30-09-2015
Discom Liabilities to be restructured as on 30-09-2015
Total Bonds issued by State till date
Total Bonds issued by Discom till date
Total bond issued under UDAY till date
Remaining Bonds to be issued by State
Remaining Bonds to be issued by Discoms
1
ANDHRA PRADESH
14721
14721
8256
0
8256
0
6465
2
ASSAM
1510
No bonds have been issued by the Govt. of Assam as the state took over loss in the form of grant and equity.
3
BIHAR
3109
3109
2332
777
3109
0
0
4
CHHATISGARH
1740
870
870
0
870
0
0
5
HARYANA
34602
34518
25951
0
25951
0
8566
6
HIMACHAL PRADESH
3854
3854
2891
0
2891
0
963
7
JAMMU & KASHMIR
3538
3538
3538
0
3538
0
0
8
JHARKHAND
6718
6136
6136
0
6136
0
0
9
MADHYA PRADESH
34739
7360
7360
0
7360
0
0
10
MAHARASHTRA
22097
6613
4960
0
4960
0
1653
11
MEGHALAYA
167
167
125
0
125
0
42
12
PUNJAB
20838
20262
15629
0
15629
0
4633
13
RAJASTHAN
80530
76120
59722
12368
72090
0
4030
14
TAMIL NADU
30420
30420
22815
0
22815
0
7605
15
TELANGANA
11897
11244
8923
0
8923
0
2321
16
UTTAR PRADESH
53935
50125
39133
10377
49510
0
616
TOTAL
324415
269057
208641
23522
232163.29
0
36894.35
%age of Bonds issued to total debts to be restructured
86%
Note: States - Goa, Uttarakhand, Gujarat, Karnataka, Manipur, Puducherry, Sikkim, Tripura, Kerala, Arunachal Pradesh, Mizoram have only opted for operational parameters under UDAY, hence, their debt was not taken over by State.
Giving the details of the States that have achieved or failed to achieve the targets of reducing Aggregate Technical & Commercial (AT&C) losses and eliminating Average Cost of Supply-Average Realisable Revenue (ACS-ARR) gap under the UDAY scheme, the Minister informed that as a result of participation of DISCOMs under UDAY and other efficiency measures, State Power Distribution Utilities reported improvements which include:
State-wise details of AT&C losses and ACS-ARR gap are given below.
AT&C LOSS
State
FY 2015-16
FY 2016-17
FY 2017-18
FY 2018-19
FY 2019-20
Andaman & Nicobar Islands
30.28
23.43
23.34
Andhra Pradesh
10.36
13.77
14.15
25.67
10.77
Arunachal Pradesh
54.58
53.64
51.08
52.53
40.49
Assam
26.02
20.11
17.64
20.19
23.39
Bihar
43.30
43.34
33.51
33.30
39.95
Chandigarh
9.56
13.50
15.86
Chhattisgarh
22.10
23.87
20.74
24.96
18.46
Dadra & Nagar Haveli
6.55
5.45
3.56
Daman & Diu
17.11
6.19
4.07
Delhi
12.44
10.79
9.87
9.12
8.26
Goa
19.77
24.33
10.48
17.61
11.41
Gujarat
16.23
14.42
12.19
13.06
10.95
Haryana
29.27
26.42
21.78
18.08
18.26
Himachal Pradesh
9.68
11.48
11.08
12.46
13.33
Jammu & Kashmir
58.75
59.96
53.67
49.94
60.46
Jharkhand
33.34
40.83
44.72
28.33
37.13
Karnataka
17.13
16.84
15.61
19.82
17.58
Kerala
12.40
13.42
12.81
9.10
13.12
Lakshadweep
19.15
26.82
13.69
Madhya Pradesh
27.37
26.80
30.51
36.63
30.38
Maharashtra
21.74
22.84
14.07
15.30
18.56
Manipur
31.72
33.01
27.46
25.26
23.30
Meghalaya
45.98
38.81
41.19
35.22
31.67
Mizoram
35.18
24.98
16.16
16.20
20.66
Nagaland
33.44
38.50
110.85
65.73
64.79
Odisha
38.60
37.19
33.59
31.55
28.94
Puducherry
22.43
21.34
19.19
19.77
18.45
Punjab
15.88
14.46
17.31
11.28
14.35
Rajasthan
31.59
27.33
24.07
28.25
29.86
Sikkim
43.89
35.62
32.48
41.83
28.77
Tamil Nadu
16.83
18.23
19.47
17.86
15.00
Telangana
14.01
15.19
19.40
18.41
21.92
Tripura
32.68
28.95
30.04
38.03
35.71
Uttar Pradesh
39.76
40.91
37.34
32.75
29.64
Uttarakhand
18.01
16.68
16.34
17.45
20.35
West Bengal
28.08
27.83
22.71
19.66
17.76
Grand Total
23.70
23.72
21.57
21.64
20.73
ACS-ARR GAP on Tariff Subsidy received (excluding Regulatory Income and Revenue Grant under UDAY for loan takeover)
State
FY 2015-16
FY 2016-17
FY 2017-18
FY 2018-19
FY 2019-20
Andaman & Nicobar Islands
19.40
19.19
19.24
Andhra Pradesh
0.80
0.52
0.09
2.63
(0.18)
Arunachal Pradesh
0.49
3.65
3.66
4.47
4.90
Assam
0.23
0.06
(0.32)
(0.32)
(1.04)
Bihar
0.46
0.51
0.68
0.61
0.91
Chandigarh
(1.12)
(0.64)
(0.27)
Chhattisgarh
(0.01)
0.21
0.16
0.24
0.02
Dadra & Nagar Haveli
0.01
(0.02)
(0.03)
Daman & Diu
(0.26)
0.61
0.52
Delhi
(0.37)
(0.08)
(0.08)
(0.22)
0.20
Goa
0.71
0.70
(0.23)
0.27
0.61
Gujarat
(0.02)
(0.05)
(0.11)
(0.05)
(0.11)
Haryana
0.16
0.04
(0.08)
(0.05)
(0.06)
Himachal Pradesh
(0.31)
0.18
0.03
(0.09)
(0.03)
Jammu & Kashmir
3.00
2.65
1.85
1.72
2.03
Jharkhand
0.93
1.39
0.16
0.57
0.87
Karnataka
0.33
0.53
0.36
0.68
0.37
Kerala
0.30
0.62
0.32
0.05
0.10
Lakshadweep
19.11
21.37
20.58
Madhya Pradesh
0.87
0.81
0.88
1.33
0.69
Maharashtra
0.43
0.59
0.25
(0.22)
0.27
Manipur
0.02
0.06
0.08
0.06
0.06
Meghalaya
0.82
1.66
1.16
0.85
1.86
Mizoram
2.06
2.12
2.13
3.70
0.57
Nagaland
0.20
0.81
1.22
1.30
1.21
Odisha
0.39
0.38
0.32
0.60
0.34
Puducherry
(0.02)
0.03
(0.02)
0.13
0.97
Punjab
0.53
0.65
0.48
(0.07)
0.17
Rajasthan
1.83
1.79
1.49
1.50
1.49
Sikkim
2.09
1.20
0.25
0.02
1.71
Tamil Nadu
0.67
0.50
1.41
1.80
1.75
Telangana
0.74
1.23
1.11
1.38
1.09
Tripura
0.42
0.10
(0.08)
(0.14)
0.30
Uttar Pradesh
0.29
0.33
0.42
0.52
0.32
Uttarakhand
0.10
0.24
0.18
0.56
0.21
West Bengal
0.52
0.36
(0.01)
0.10
0.22
Grand Total
0.54
0.59
0.49
0.66
0.50
Providing the details of the challenges and constraints faced in the implementation and monitoring of the UDAY scheme and the steps taken to address them, the Minister informed that the Ministry of Power vide Office Memorandum dated 19.01.2016 constituted Monitoring Committee under the Chairmanship of Secretary (Power) and the progress of the scheme and challenges faced were regularly reviewed during the Monitoring Committee meetings. No major challenges were reported for implementation of scheme. The period of the scheme was from FY2015-16 to FY2019-20.
This information has been given by the Union Minister for Power and New & Renewable Energy Shri R. K. Singh, in a written reply to a question, in Rajya Sabha today, August 2, 2023.
***
PIB DELHI | AM / DJM