Sarkari Yojana

Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation

Quick Summary: MSME units in Dadra and Nagar Haveli & Daman and Diu that set up a Solar Power Plant can claim a 25% capital subsidy of up to ₹50,00,000/- under IPS. Solar power must meet at least 10 % of the unit's total power consumption.

About Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation

“Assistance For Capital Investment In Solar Power Generation” is one of the sub schemes of the “Investment Promotion Scheme (IPS)” for MSME Sector. It was started on 3rd July, 2015 by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu for five years, and following an extension from 20th May, 2022 it will continue to operate till 19th May, 2027. > Objective of the “Investment Promotion Scheme (IPS)”:

The idea is to offer the MSME Sector incentives and assistance that help units grow, stay protected from market vagaries and turn vibrant and successful. Alongside this, the scheme hopes to draw as many Women as possible into business, lower unemployment among local residents and encourage industries, through incentives, to hire resident laborers etc. > Objective of the “Assistance For Capital Investment In Solar Power Generation” Sub-scheme:

Eligible industries that invest capital in a Solar Power Plant for generating power receive a capital subsidy under this sub-scheme. In this way, MSMEs are nudged towards using Solar Power.

Scheme Overview

Government Level

State Government

Eligible Entity

Business Entity

Launch / Open Date

03 Jul 2015

Scheme Details

Eligibility

Eligibility Requirements

To qualify for Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation, applicants must satisfy the following conditions:

✅

New Manufacturing/ Service units qualify, as do Existing…

New Manufacturing/ Service units qualify, as do Existing Manufacturing/ Service units taking up Expansion/ Diversification in the MSME sector.

✅

Commercial production must have started between 20.05.2022 to…

Commercial production must have started between 20.05.2022 to 19.05.2027.

✅

The unit has to be situated in the…

The unit has to be situated in the U.T. of Dadra and Nagar Haveli & Daman and Diu.

✅

Solar power must cover no less than 10…

Solar power must cover no less than 10 % of the enterprise's total power consumption.

✅

The application must be filed within six months…

The application must be filed within six months of the start of solar power generation.

Applicants must meet all of the above conditions to be considered eligible for this scheme.
Benefits

Benefits Provided

Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation provides the following benefits to eligible applicants:

💰

The enterprise receives a 25% subsidy, capped…

The enterprise receives a 25% subsidy, capped at ₹50,00,000/-.

✅

Note:

This scheme can be availed by an enterprise only once.

Benefit amounts and conditions may vary by category — refer to the official scheme guidelines for exact figures applicable to your case.
Documents Required

Documents Required

Applicants should keep the following documents ready before starting the application:

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CIN (Corporate Identification Number) document

CIN (Corporate Identification Number) document.

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TIN (Taxpayer Identification Number) document

TIN (Taxpayer Identification Number) document.

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PAN (Permanent Account Number) document

PAN (Permanent Account Number) document.*

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GST (Goods and Services Tax Number) document

GST (Goods and Services Tax Number) document.

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Documents relating to Other Registrations

Documents relating to Other Registrations.

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A copy of the Udyam Registration /Industrial Entrepreneur…

A copy of the Udyam Registration /Industrial Entrepreneur Memorandum, as relevant.

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Partnership concerns

Partnership concerns: copy of the Partnership Deed and Firm Registration Certificate. Public/Private Limited companies: copy of the Memorandum & Articles of Association and Date of Incorporation Certificate.

🌾

If the Enterprise operates on its own land,…

If the Enterprise operates on its own land, a copy of the land purchase deed signed by the applicant.

🌾

If the Enterprise operates on leased land/ building,…

If the Enterprise operates on leased land/ building, a copy of a registered lease agreement running for 5 years or more from the commencement of commercial production.

✅

Copy of the power supply sanction order issued…

Copy of the power supply sanction order issued by the Electricity Department, plus the most recent bill.

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Authorization letter from the enterprise

Authorization letter from the enterprise.

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Copy of the PCC, DNH & DD Consent…

Copy of the PCC, DNH & DD Consent to Operate / Renewal, where Notification No. PCC/DMN/13(PART VI)/2020-21/448 DATED 25/01/2021 applies.

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A copy of the Factory licence

A copy of the Factory licence.

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The Undertaking

The Undertaking.

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Report on Power Consumption

Report on Power Consumption.

Ensure all documents are valid and, where required, duly attested before submitting your application.
Important Dates

2015-07-03

How to Apply

Online Application

Applicants can apply for Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Capital Investment In Solar Power Generation through the online application process outlined below.

Registration Process :

1️⃣

Go to the Registration page on the Official…

Go to the Registration page on the Official Website.

2️⃣

Enter the requested information in each input space,…

Enter the requested information in each input space, then click “Register”.

3️⃣

Check your inbox for a verification link and…

Check your inbox for a verification link and use it to verify your email address (If Mail is Not Received Your Inbox. Please Check the Spam).

4️⃣

To finish Account Verification, click the Link/URL in…

To finish Account Verification, click the Link/URL in that email, or copy it into your browser's address bar.

5️⃣

Use “111111” as the OTP to verify the…

Use “111111” as the OTP to verify the mobile number. The Mobile Number and Pin will be emailed to your registered Email Address.

6️⃣

When registration is complete, you will receive the…

When registration is complete, you will receive the login credentials on the registered email. Application Process :

1️⃣

Visit the user Login page of the Official…

Visit the user Login page of the Official Website.

2️⃣

Provide the registered Mobile Number and the PIN…

Provide the registered Mobile Number and the PIN received by email, then click “Log In”.

3️⃣

With the login successful, click the “Departments &…

With the login successful, click the “Departments & Services” tab in the left-hand menu bar.

4️⃣

Scroll until you reach “District Industries Centre DD…

Scroll until you reach “District Industries Centre DD & DNH”, then click “Click Here” to apply for “Investment Promotion Scheme : 2022 to 2027 (20 May 2022 to 19 May 2027)”.

5️⃣

In the “Common Application Form” that opens, fill…

In the “Common Application Form” that opens, fill in all the required details and upload the mandatory documents.

6️⃣

Double-check the information and click “Submit” to complete…

Double-check the information and click “Submit” to complete your application.

Helpdesk: : District Industries Centre, Contact No.: 0260-2260871 / 0260-2260310 E-mail Address: dic-dd@nic.in For Technical Assistance with the Single Window Portal (i.e. https://investdd.in), call Contact No. : 0260-2231885 / 2231886 or write to E-Mail : ddegs-dd@nic.in

Official Application & Website

Verify the latest eligibility, dates and instructions before applying.

Official Sources & References