Punjab, Jammu & Kashmir, Himachal Pradesh and Uttarakhand on Wednesday joined the Centre’s UDAY (Ujwal DISCOM Assurance Yojana) scheme in an effort to address their growing power woes and rising debt.

“UDAY aims at a permanent resolution of DISCOM issues by addressing past, present and future problems,” Minister of State (IC) for Power, Coal and New & Renewable Energy Piyush Goyal tweeted.

The Centre launched UDAY last month to address the ₹4.3 lakh crore debt of power utilities. UDAY aims at permanent resolution of DISCOM issues by addressing past, present and future problems.

Goyal also said he met the heads of all the banks with exposure to discoms in this regard and all the banks are for full participation in the scheme.

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