Lok Sabha Question No. 1711 (UNSTARRED), answered on 2019-11-28
Subject: Debt under UDAY
Ministry: POWER
Asked by: Deepak Baij

## GOVERNMENT OF INDIA MINISTRY OF POWER

## LOK SABHA UNSTARRED QUESTION NO.1711 TO BE ANSWERED ON 28.11.2019

## DEBT UNDER UDAY

†1711. SHRI DEEPAK BAIJ:

Will the Minister of POWER be pleased to state:

(a) the names of the States that have joined Ujwal DISCOM Assurance Yojana (UDAY);

(b) the details of the States which have borne the burden of debt along with the amount under UDAY, State and year-wise;

(c) whether  the  consumers  have  to  pay  more  for  power  due  to  financial  burden  on  the States under the said scheme and if so, the details thereof;

(d) whether debt on UDAY is increasing; and

(e) if so, the details thereof?

## A N S W E R

THE  MINISTER  OF  STATE  (INDEPENDENT  CHARGE)  FOR  POWER,  NEW  &  RENEWABLE ENERGY AND THE MINISTER OF STATE FOR SKILL DEVELOPMENT & ENTREPRENEURSHIP

( SHRI  R.K. SINGH)

(a) : 26  States  and  07  Union  Territories  (UTs)  namely,  Andhra  Pradesh,  Arunachal Pradesh,  Assam,    Andaman  &  Nicobar  Islands,  Bihar,  Chhattisgarh,  Dadra  &  Nagar  Haveli, Daman  &  Diu,  Goa,  Gujarat,  Haryana,  Himachal  Pradesh,  Jammu  &  Kashmir,  Ladakh (erstwhile  state  of  Jammu  &  Kashmir),  Jharkhand,  Karnataka,  Kerala,  Lakshadweep, Maharashtra, Manipur, Madhya Pradesh, Meghalaya, Mizoram, Nagaland, Punjab, Puducherry, Rajasthan,  Sikkim,  Tamil  Nadu,  Telangana,  Tripura,    Uttar  Pradesh  and  Uttarakhand  have joined Ujwal DISCOM Assurance Yojana (UDAY).

(b) & (c) : The details of the Bonds floated by 16 UDAY States to takeover 75% of debt of their Distribution Companies  (DISCOMs),  as  existing on 30.09.2015, are available at Annexure.  Since  tariffs  are  determined  taking  into  account  several  parameters  including cost of debt, consumers have derived the benefit on tariffs to the extent of carrying cost of the  debt  taken  over  by  the  States.  Thus,  the  question  of  consumers  paying  more  due  to financial burden on the States does not arise.

(d) & (e) : Since  UDAY  envisaged  States  taking  over  a  fixed  percentage  of  debt  of DISCOMs existing  on  30.09.2015  as  a  one-time  measure,  the  question  of  increase  of  such debt on the States does not arise.

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ANNEXURE ANNEXURE  REFERRED  TO  IN  REPLY  TO  PARTS  (b)  &  (c)  OF  UNSTARRED QUESTION NO.  1711 TO BE ANSWERED IN THE LOK SABHA ON 28.11.2019. ***************

| Figures are Rs. In Crore       | Figures are Rs. In Crore       | Figures are Rs. In Crore              |
|--------------------------------|--------------------------------|---------------------------------------|
| SUMMARY OF UDAY BONDS ISSUANCE | SUMMARY OF UDAY BONDS ISSUANCE | SUMMARY OF UDAY BONDS ISSUANCE        |
| Sl. No.                        | State                          | Total Bonds issued by State till date |
| 1                              | RAJASTHAN                      | 59722                                 |
| 2                              | UTTAR PRADESH                  | 39133                                 |
| 3                              | CHHATISGARH                    | 870                                   |
| 4                              | JHARKHAND                      | 6136                                  |
| 5                              | PUNJAB                         | 15629                                 |
| 6                              | BIHAR                          | 2332                                  |
| 7                              | JAMMU & KASHMIR                | 3538                                  |
| 8                              | HARYANA                        | 25951                                 |
| 9                              | Andhra Pradesh                 | 8256                                  |
| 10                             | Madhya Pradesh                 | 7360                                  |
| 11                             | Maharashtra                    | 4960                                  |
| 12                             | Himachal Pradesh               | 2891                                  |
| 13                             | Telangana                      | 8923                                  |
| 14                             | Assam                          | 0                                     |
| 15                             | Tamil Nadu                     | 22815                                 |
| 16                             | Meghalaya                      | 125                                   |
| TOTAL                          | TOTAL                          | 208641                                |

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