State-Specific Information

Incentives to Green Investment Scheme

in Goa

Last updated: 14 Apr 2026

Incentives to Green Investment Scheme in Goa

Incentives to Green Investment Scheme is a government scheme available to eligible residents of Goa.

Apply for Incentives to Green Investment Scheme in Goa

Scheme Overview

The scheme aims to incentivize investments by existing and new units in environmentally friendly initiatives. It provides financial support through reimbursement for Water and Energy Audits and Capital Reimbursement for Energy Conservation Equipment to eligible manufacturing units.

Eligibility Criteria

- The applicant must be a manufacturing unit.

- The applicant must fall under the micro, small, medium, or large category.

- The applicant must ensure the water and energy audits, if claimed, are carried out by a recognised institution/consultant certified by the Bureau of Energy Efficiency, Ministry of Power and Government of India.

- The applicant must ensure the energy conservation equipment, if claimed, is certified as an energy conserving fixed asset of capital nature by a recognised institution/consultant certified by the Bureau of Energy Efficiency, Ministry of Power, Government of India.

- The applicant must ensure the total subsidy received (Subsidy under this scheme + Any other Subsidy received from Government of Goa/Government of India + Interest subsidy from soft loan/low interest loan schemes) does not exceed 100% of the purchase value of the respective equipment.

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Benefits

Reimbursement of 25% of the cost of water and energy audits.

Subject to a maximum of ₹1,00,000/- per unit during the validity of this scheme.

Reimbursement of 40% of the capital cost incurred on the purchase of the equipment.

Subject to ₹10,00,000/- per unit.

A unit can avail this benefit multiple times, subject to the maximum ceiling mentioned above.

This benefit shall be in addition to benefits availed under State and Central Subsidy Schemes.

The total subsidy received by the applicant towards the purchase of the said equipment must not exceed 100% of the purchase value of the respective equipment.

For the purpose of calculation, total subsidy includes: Subsidy under this scheme + Any other Subsidy received from Government of Goa/Government of India + Interest subsidy received/receivable under any soft loan or low interest loan availed for purchasing the said equipment under any State/Central Government scheme.

Benchmark interest for calculating interest subsidy as received due to a subsidized rate of interest will be 10%.

The benefits under this scheme are subject to budgetary allocation.

No Promissory Estoppel shall be applicable if benefits are discontinued because allocation is exceeded.

The applicant must allow and/or grant free access to any official authorized by the Directorate of Industries, Trade and Commerce for conducting inspection/supervision of the unit or registers or holding discussions with employed employees for ensuring proper utilization of the financial incentives/subsidies granted by the State Government.

Required Documents

#	Document	Details
1	A Self-Attested Copy of Registration Under Umbrella Scheme.
2	A Self-Declaration In the Format Provided.
3	Documentary Proof For Water And Energy Audit Or Energy Conservation Equipment Certification.
4	A Certificate from the Chartered Accountant Certifying the Purchase Value of the Equipment Along With Invoice Or Any Other Supporting Documents.
5	A Certificate from the Chartered Accountant to the Effect Showing Quantum of All Subsidies Including Soft Loans Availed If Any And the Interest Paid Thereon, With Regard to Each of These Equipment.
6	A Certificate from the Chartered Accountant Mentioning the Percentage of Subsidy Availed.
7	Certificate from Chartered Accountant Certifying the Benefits Obtained Under Similar Schemes of Government of India (If Any).
8	A Copy of Partnership Deed, Memorandum of Association/Articles of Association (As the Case May Be).

How to Apply in Goa

The eligible unit must apply using the specified proforma, ensuring to include a self-declaration in the format provided. The applicant must acquire documentary proof, such as the Water and Energy Audit report or certification for Energy Conservat…

Offline The eligible unit must apply using the specified proforma, ensuring to include a self-declaration in the format provided. The applicant must acquire documentary proof, such as the Water and Energy Audit report or certification for Energy Conservation Equipment, conducted/certified by a recognised institution/consultant certified by the Bureau of Energy Efficiency, Ministry of Power, Government of India. The applicant must obtain a Certificate from a Chartered Accountant (CA) certifying the equipment purchase value, accompanying invoices, and detailing the quantum and percentage of all subsidies (including soft loans and interest paid thereon) related to the equipment. The CA must also certify any benefits obtained under similar schemes of the Government of India. The eligible unit shall submit the completed specified proforma along with all required documents and certificates to the Directorate of Industries, Trade and Commerce (DITC), Udyog Bhavan, Panaji. The application will be scrutinised and recommended by the Task Force Committee (TFC), which includes the Member Secretary of Goa Energy Development Corporation or its representative. The applicant must agree to grant free access for inspection/supervision by authorised officials of the Directorate of Industries, Trade and Commerce and submit necessary reports and documents as required.

Common questions in Goa

Who can apply for Incentives to Green Investment Scheme in Goa?

Eligible residents of Goa who meet the scheme’s overall criteria can apply for Incentives to Green Investment Scheme. Refer to the eligibility section above for the complete checklist.

What documents are required for Incentives to Green Investment Scheme in Goa?

Applicants in Goa typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.

Frequently Asked Questions

What specific type of industrial enterprises are eligible to apply for financial assistance under this program designed for environmentally friendly investments?

Manufacturing units that fall under the micro, small, medium, and large categories are eligible to avail the financial incentives provided under this scheme. <br>

If my unit receives other forms of financial assistance from the State or Central Government, will the capital reimbursement benefit still be applicable?

What happens if the Government exhausts its budget allocation for incentives before my claim for financial support is processed or disbursed?

What exact percentage of the total costs incurred for carrying out water and energy audits is covered by the reimbursement offered under this program?

What formal certification must be secured for the purchased equipment to prove that it qualifies as an eligible energy conserving fixed asset of capital nature?

What is the highest total amount I can claim as reimbursement for costs incurred when undertaking water and energy audits for my premises?

What percentage of the capital cost incurred for purchasing equipment aimed at energy conservation is covered under the reimbursement program?

Can my manufacturing unit apply and receive the capital reimbursement for energy conservation equipment multiple times throughout the life of the scheme?

Is there a condition specifying the total overall limit of government benefits that my unit can receive toward the purchase of a single piece of equipment?

What are the exact dates delineating the official operational timeframe, including the commencement and expiration, for the availability of this specific incentive program?

What is the maximum financial limit an eligible unit can receive as reimbursement towards the capital cost of purchasing energy conservation equipment?

Who must perform the required water and energy audits for my industrial facility to ensure the eligibility criteria are successfully met?

Are there any specific central or state subsidy schemes that would prevent my unit from claiming the capital reimbursement for energy conservation equipment?

If I availed a low-interest loan for the equipment purchase, what benchmark interest rate is utilized for determining the value of the interest subsidy received?