What you get
Water and Energy Audit Reimbursement | - 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. | Energy Conservation Equipment Capital Reimbursement | - 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. | Maximum Benefit Cap Conditions | - 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%. | Conditions | - _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._
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common 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.
If my unit receives other forms of financial assistance from the State or Central Government, will the capital reimbursement benefit still be applicable?
Yes, the capital reimbursement benefit for energy conservation equipment is applicable in addition to benefits already availed under State and Central Subsidy Schemes.
What happens if the Government exhausts its budget allocation for incentives before my claim for financial support is processed or disbursed?
The provision of benefits is explicitly subject to budgetary allocation. If funds are discontinued because the allocation is exceeded, the principle of Promissory Estoppel shall not be applicable.
What exact percentage of the total costs incurred for carrying out water and energy audits is covered by the reimbursement offered under this program?
Units are entitled to a reimbursement equivalent to 25% of the entire cost associated with successfully completing the mandatory water and energy audits.
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?
The equipment must be certified as an energy conserving fixed asset of capital nature by a recognised institution or consultant that is certified by the Bureau of Energy Efficiency, Ministry of Power, Government of India.
What is the highest total amount I can claim as reimbursement for costs incurred when undertaking water and energy audits for my premises?
The maximum reimbursement provided for the costs of water and energy audits is 25% of the expense, up to a ceiling of ₹1,00,000/- per unit during the scheme's validity.
What percentage of the capital cost incurred for purchasing equipment aimed at energy conservation is covered under the reimbursement program?
The unit is eligible for a reimbursement amount equal to 40% of the capital cost that was incurred for the purchase and utilization of the energy conservation equipment.
Can my manufacturing unit apply and receive the capital reimbursement for energy conservation equipment multiple times throughout the life of the scheme?
Yes, an eligible unit can utilize this benefit multiple times. However, all claims remain subject to the maximum ceiling specified for the capital reimbursement provision.
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?
Yes, the cumulative total subsidy received from all sources (State, Central, and calculated interest subsidy) must not exceed 100% of the total purchase value of the respective equipment.
What are the exact dates delineating the official operational timeframe, including the commencement and expiration, for the availability of this specific incentive program?
The scheme officially came into force with effect from 1st October, 2017, and is set to remain operational for eligible units up to 30th September, 2022.
What is the maximum financial limit an eligible unit can receive as reimbursement towards the capital cost of purchasing energy conservation equipment?
The maximum financial assistance available for the purchase of energy conservation equipment is capped at 40% of the capital cost, subject to ₹10,00,000/- per unit.
Who must perform the required water and energy audits for my industrial facility to ensure the eligibility criteria are successfully met?
The audits must be carried out by a recognised institution or consultant that holds certification from the Bureau of Energy Efficiency, Ministry of Power, Government of India.
Are there any specific central or state subsidy schemes that would prevent my unit from claiming the capital reimbursement for energy conservation equipment?
Yes, a unit that has already received benefits under the Capital Subsidy Scheme towards the purchase of energy conservation equipment is specifically excluded from receiving this benefit.
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?
When calculating the notional interest subsidy value due to a subsidized rate, the scheme mandates that the benchmark interest rate used for comparison shall be 10%.