Archive · 5 Nov 2025

Modi's UDAY 2.0: Evolving India's Power Sector Towards Smarter, Cheaper, Cleaner Energy

Modi's UDAY 2.0: Evolving India's Power Sector Towards Smarter, Cheaper, Cleaner Energy

India's electricity companies, called DISCOMs, had a lot of debt and were struggling.

In 2015, the government started a plan called UDAY to help them by letting the government take over most of their debt and help them borrow money at lower interest rates.

This helped the companies save money and stay afloat.

UDAY also pushed for improvements like reducing electricity theft and making sure bills were paid.

Now, the plan is evolving into UDAY 2.0, which focuses on the future.

It aims to install millions of smart meters that let people track their electricity use instantly and avoid estimated bills.

UDAY 2.0 also focuses on making sure power plants get paid on time, have enough coal, and that the power grid is updated.

The goal is to make electricity in India more dependable, cheaper, and cleaner for everyone.

Sources