Power Discoms' Structural Issues Big Hurdle For UDAY 2.0 Success: S&P Global
  • WebDesk BTVI
  • Aug 21 2019

Even as power sector woes continue, S&P Global Ratings has sounded an alarm saying the government's latest measure of the Ujjwal Discom Assurance Yojna (UDAY) 2.0 would not fix the problems. Speaking with BTVI, Abhishek Dangra, Senior Director at S&P Global Ratings, said weak financial health of power distribution companies (discoms) and AT&C losses are the major constraints. He said UDAY 2.0 will not be success without fixing structural issues of discoms. Here's more.