Reserve Bank of India

19.09.2016

Banking

Private Placement of Special Securities under UDAY scheme

MANU/RPRL/0237/2016

The Punjab Government proposes to issue Special Securities of a notified amount of 559.12 cr, under the Ujjwal Discom Assurance Yojna Scheme (UDAY). It may be recalled that the Ministry of Power, Government of India on November 20, 2015 issued an Office Memorandum (No 06/02/2015-NEF/FRP) on "UDAY (Ujjwal Discom Assurance Yojna) Scheme for Operational and Financial Turnaround of Power Distribution Companies (DISCOMs)

Tags : Special Securities Private Placement

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