Energy & Petrochemicals Department Government of Gujarat (State Government)
2. Validity Period:
The scheme will be in operation for indefinite period.
3. Who will be Eligible?
Any New or Existing manufacturing Enterprise.
Any Existing enterprise carrying out expansion with investment in new Plant and Machineries more than 50% of its existing gross investment in Plant & machinery as on date of initiation of expansion.
4. Assistance Available:
Exemption from payment of electricity duty (10% in case of L.T power connection and 15% in case of HT Connection) it comes to Rs. 1 per unit approximately.
Benefit will be exemption from payment of Electricity Duty for a period of 5 years from the date of production
5. Basic Conditions of Scheme:
In case of expansion, the unit has to increase its investment by 50% of existing Investment in Plant and Machinery and has to install separate sub-meter at the location if expansion is carried out within same premises.
The application has to be made within 90 days of commencement of production.
In case of delay in filling application, the benefit will be reduced for the delayed Period
To be eligible unit must make investment in New Plant & Machinery. In case of investment in used assets then it will be allowed only up to 10% of total investment.
