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ACQUISITIONS & MERGES
RAJASTHAN GOVT. SIGNS MOU TO JOIN UDAY
February 5, 2016
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1.The Rajasthan Government and its power distribution companies or discoms signed a pact with the Centre on Wednesday under the Ujwal Discom Assurance Yojana (UDAY) aimed at relieving the debt burden of the most indebted discoms in the country.

2.Rajasthan’s discoms have a total debt of Rs.80,500 crore which is 18.7 per cent of the country’s total discom debt of Rs.4.3 lakh crore.