A Case Study on a Beacon of Hope Transition: India's Renewable Energy Integration and the Ujwal DISCOM Assurance Yojana (UDAY)

A Case Study on a Beacon of Hope Transition: India's Renewable Energy Integration and the Ujwal DISCOM Assurance Yojana (UDAY)

ISBN13: 9798369312971|ISBN13 Softcover: 9798369346518|EISBN13: 9798369312988
DOI: 10.4018/979-8-3693-1297-1.ch015
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MLA

Baranidharan, S., et al. "A Case Study on a Beacon of Hope Transition: India's Renewable Energy Integration and the Ujwal DISCOM Assurance Yojana (UDAY)." Green Economy and Renewable Energy Transitions for Sustainable Development, edited by Rui Alexandre Castanho, IGI Global, 2024, pp. 255-271. https://doi.org/10.4018/979-8-3693-1297-1.ch015

APA

Baranidharan, S., Mallika, B. K., & Thilaga, N. (2024). A Case Study on a Beacon of Hope Transition: India's Renewable Energy Integration and the Ujwal DISCOM Assurance Yojana (UDAY). In R. Castanho (Ed.), Green Economy and Renewable Energy Transitions for Sustainable Development (pp. 255-271). IGI Global. https://doi.org/10.4018/979-8-3693-1297-1.ch015

Chicago

Baranidharan, S., B. K. Mallika, and N. Thilaga. "A Case Study on a Beacon of Hope Transition: India's Renewable Energy Integration and the Ujwal DISCOM Assurance Yojana (UDAY)." In Green Economy and Renewable Energy Transitions for Sustainable Development, edited by Rui Alexandre Castanho, 255-271. Hershey, PA: IGI Global, 2024. https://doi.org/10.4018/979-8-3693-1297-1.ch015

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Abstract

This case study examines the transformative impact of the Ujwal DISCOM Assurance Yojana (UDAY) on India's energy landscape, focusing on its role in facilitating renewable energy integration. India's energy sector faced daunting challenges, including financially distressed power distribution companies (DISCOMs) and high aggregate technical and commercial (AT&C) losses. UDAY's financial restructuring and operational efficiency improvements led to remarkable reductions in DISCOMs' debt burdens and AT&C losses, respectively. The policy aligned with India's renewable energy goals, driving DISCOMs to procure renewable energy sources. Consequently, India witnessed significant growth in its renewable energy capacity, environmental benefits through reduced emissions, and economic growth via job creation. This case study offers insights into the challenges faced, technological advancements incentivized, and the long-term sustainability of these reforms. Moreover, it presents broader lessons for energy sector reform and renewable energy integration, both within India and globally.

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