What you get
- 75% cost of Energy/ Water audit conducted by recognized institution/ auditing authority subject to a maximum of ₹1,00,000/. | - 25% cost of equipment recommended by the auditing authority subject to a maximum of ₹20,00,000/- one-time assistance.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
Under what conditions will assistance be provided under this scheme?
Assistance will be given only for projects implemented and commenced during the operation period of Scheme.
When will the assistance be disbursed according to the policy on the installation of equipment as per the audit report?
Assistance will be disbursed only after submission of Certificate from Energy / Water auditors regarding installation of equipments as per audit report.
What condition must be met for assistance on the cost of equipment to be eligible?
The assistance on cost of equipment will be eligible subject to the condition that saving in Energy / Water is reduced by a minimum of 20% of average monthly consumption of previous 12 months before audit.
What happens to the benefit of the incentive if a newly setup enterprise is sold or transferred to a new owner within the first five years of its establishment?
If a newly setup enterprise is sold or otherwise transferred to a new owner during the period of five years, the benefit of the incentive shall be available to such transferee or the new owner, only for the unexpired portion.
What is the definition of Expansion/ Diversification?
Expansion/Diversification means where an existing / New Enterprise increases its investment by at least 50% (out of which at least 60% of investment is made in plant and machinery for which expansion is carried out) of its existing Gross Fixed capital investment on the date of initiating expansion and compared with the date of commencing production during the operative period of the scheme. Only one Expansion / Diversification will be eligible for assistance during the operative period of the Scheme.
What measures are in place to prevent misuse of the subsidy scheme?
Strict guidelines, documentation requirements, and verification procedures are in place to ensure that subsidies are availed by eligible enterprises for genuine purposes only.
What is the operative period of the scheme?
The operative period of scheme is from 20.05.2022 till 5 years that is 19.05.2027.
If an enterprise is established in 2023 and becomes eligible for the scheme what would be the time period in which benefits are applicable?
The enterprise can avail benefit commencing from date of production till 5 years even if that period falls beyond operative period.
How can an eligible unit apply to get the benefits of the scheme?
The eligible unit can apply by visiting single window portal website which is "swp.dddgov.in", and once page pops-up the user have to go to departments tab and select district industries tab under which the user have to click on apply for investment promotion scheme: 2022 to 2027.
If a manufacturing unit is eligible under more than one scheme then can it select the scheme which allows most benefits?
Yes. The unit can select any one scheme to avail benefits if it comes under the eligibility of more than one scheme. However, units cannot apply for benefits for the similar subsidy in multiple schemes and can apply in schemes which are complementary in nature.
What are dedicated industrial parks?
Dedicated industrial parks are mentioned in food processing incentives where an additional 10% will be accorded to food processing units setup in industrial parks having only food processing industries.
What is the deadline for an enterprise to submit the application through the online portal?
The enterprise shall have to apply within a year from the date of issue of the certificate.