Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation
in Dadra and Nagar Haveli and Daman and Diu
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Key dates and updates (Dadra and Nagar Haveli and Daman and Diu)
Nationwide and Dadra and Nagar Haveli and Daman and Diu-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation in Dadra and Nagar Haveli and Daman and Diu
Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation is a government scheme available to eligible residents of Dadra and Nagar Haveli and Daman and Diu.
Apply for Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation in Dadra and Nagar Haveli and Daman and Diu
Scheme Overview
“Assistance For Capital Investment In Solar Power Generation” under the “Investment Promotion Scheme (IPS)” for MSME sector, by the Dept. of Industries, DNH & DD, aims to encourage MSMEs to use Solar Power through providing Capital subsidy for setting up of Solar Power Plant for generation of power.
Eligibility Criteria
Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector.
The unit should have commenced the commercial production between 20.05.2022 to 19.05.2027.
Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu.
Enterprise shall have to meet at least 10 % of their total power consumption through solar power.
Enterprise shall have to apply within six months of generation of solar power.
Benefits
25% subsidy subject to a limit of maximum of ₹50,00,000/-.
Note: Enterprise shall be eligible only once to avail this scheme.
Required Documents
| # | Document |
|---|---|
| 1 | Corporate Identification Number (CIN) Document. |
| 2 | Taxpayer Identification Number (TIN) Document. |
| 3 | Permanent Account Number (PAN) Document.* |
| 4 | Goods and Services Tax Number (GST) Document. |
| 5 | Other Registrations Document. |
| 6 | Copy of Udyam Registration /Industrial Entrepreneur Memorandum, as applicable. |
| 7 | Copy of Partnership Deed and Firm Registration Certificate in case of partnership concern or Memorandum & Articles of Association and Date of Incorporation Certificate in case of Public/Private Limited companies. |
| 8 | Copy of land purchase deed duly signed by the applicant (If the Enterprise is functioning in its own land). |
| 9 | Copy of registered lease agreement for a minimum period of 5 years from the date of commencement of commercial production (If the Enterprise is functioning in a leased land/ building). |
| 10 | Copy of sanction order from Electricity Department for power supply with copy of the latest bill. |
| 11 | Authorization letter. |
| 12 | Copy of Consent to Operate / Renewal from PCC, DNH & DD (as applicable for Notification No. PCC/DMN/13(PART VI)/2020-21/448 DATED 25/01/2021). |
| 13 | Copy of Factory licensee. |
| 14 | Undertaking. |
| 15 | Power Consumption Report. |
Common questions in Dadra and Nagar Haveli and Daman and Diu
Who can apply for Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation in Dadra and Nagar Haveli and Daman and Diu?
Eligible residents of Dadra and Nagar Haveli and Daman and Diu who meet the scheme’s overall criteria can apply for Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation. Refer to the eligibility section above for the complete checklist.
What documents are required for Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation in Dadra and Nagar Haveli and Daman and Diu?
Applicants in Dadra and Nagar Haveli and Daman and Diu typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation?
Key dates are summarized in the table on this page, from 3 July 2015 through 3 July 2015, based on values DeshSeva currently stores for this item.
Frequently Asked Questions
To be eligible, Enterprise shall have to meet at least 10 % of their total power consumption through solar power.