Solar Power Subsidy Scheme
Launched in 2018, the "Solar Power Subsidy Scheme" is one of the "Information Technology Policy Schemes" by the Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide Solar Power Subsidy to the eligible Information Technology Units in Goa.
About the Solar Power Subsidy Scheme Scheme
Launched in 2018, the "Solar Power Subsidy Scheme" is one of the "Information Technology Policy Schemes" by the Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide Solar Power Subsidy to the eligible Information Technology Units in the State of Goa. All the New and Existing Units having their operations in Goa are eligible. The scheme has been framed as a part of Goa's IT Policy that envisages Goa as an aspirational geographical and human resource base for IT Units and a preferred destination for their investment and expansion.
Benefits
All Units operating in Goa running on 100% solar energy will be eligible for a reimbursement of 10% of their capital cost of the installation of Solar Power Generation Unit subject to a maximum subsidy of ₹ 50,00,000.
NOTE 1: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded.
NOTE 2: Only expenditure incurred during the operation of the Policy will be eligible for the rebate.
Eligibility Criteria
- All the new and existing units must have their operations in Goa.
- The applicant must be one of the below:
- Proprietorship Firm
- Private Limited Company incorporated under the Companies Act, 2013 (or equivalent)
- Public Limited Company incorporated under the Companies Act, 2013 (or equivalent)
- Registered Partnership Firm incorporated under the Indian Partnership Act, 1932 (or equivalent)
- Limited Liability Partnership incorporated under the Limited Liability Partnership Act, 2008 (or equivalent)
- The unit should be registered with Goa Energy Development Agency (GEDA) for production of solar power.
- The bank accounts of the unit and/or its partner(s)/director(s) should be linked to Aadhaar.
How to Apply for Solar Power Subsidy Scheme
Application mode: Online
Step 1: Visit the Official Web Portal of Goa Online. At the top right corner, click "Register".
Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page.
Step 3: On the Registration Page, fill in all the mandatory fields of the registration form. Create a Login Name and a strong Password. Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes. Fill in the Captcha Code, and click "Register/Signup".
Step 4: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click "Login".
Step 5: In the top ribbon, click on "Services", then click on "IT Services". Click on the name of the scheme. You will be taken to the application form for the scheme. Fill in all the mandatory fields and upload all the mandatory documents.
Step 6: Submit the application. A unique registration number will be generated. Note this number for future reference.
NOTE: The applicant can apply for this scheme on a quarterly/bi-annually/annual basis after incurring the relevant expenditure.
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> Disbursement Timeline
- Incentive Application Receipt: D
- Application scrutiny as per checklist: D+30days
- Application approval by the Empowered Committee: D+60 days
- Issue of Regret Letter/Sanction Orders and Disbursement: D+90 days
Exclusions
The Units availing benefits under the Power Subsidy of the Policy are not eligible for availing benefits under this scheme.
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Frequently Asked Questions
What is the Solar Power Subsidy Scheme scheme?
Launched in 2018, the "Solar Power Subsidy Scheme" is one of the "Information Technology Policy Schemes" by the Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide Solar Power Subsidy to the eligib…
Who is eligible for Solar Power Subsidy Scheme?
All the new and existing units must have their operations in Goa. The applicant must be one of the below: Proprietorship Firm Private Limited Company incorporated under the Companies Act, 2013 (or equivalent) Public Limited Company incorporated under the Companies Act, 2013 (or equivalent) Register…
What benefits does Solar Power Subsidy Scheme provide?
All Units operating in Goa running on 100% solar energy will be eligible for a reimbursement of 10% of their capital cost of the installation of Solar Power Generation Unit subject to a maximum subsidy of ₹ 50,00,000. NOTE 1: The benefits under this scheme are subject to budgetary allocation. No Pr…
How can I apply for Solar Power Subsidy Scheme?
Step 1: Visit the Official Web Portal of Goa Online. At the top right corner, click "Register". Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the Registration Page. Step 3: On the Registration Page, fill in all the mandatory fields o…
Source: official scheme details published on the Government of India's myScheme portal. Always verify eligibility and deadlines on the official portal before applying. Scheme rules can change.
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