Package of Incentives
- Document type
- Policy
- Dated
- Category
- Policy
Power tariff/DG Sets
Power tariff for the industrial sector is subsidised. The Power Development Department (PDD) shall revise and announce the tariff from time to time, keeping in view the Government policy to encourage the development of industry in the State and the power tariff prevailing in the neighbouring States.
100 per cent subsidy shall be allowed on new Diesel Generating Sets (DG) of 10 KWs to 1000 KWs capacity purchased from reputed standard companies. The subsidy shall be available to the unit after it has been verified that the diesel set has been actually installed.
The amount of subsidy on purchase of DG sets shall pe paid only through a bank (or the concerned financing agency, if any) even if the promoter may not have taken any loan for purchase of the DG sets.
50 per cent of the amount of subsidy on DG set shall be paid on verification of installation and the remaining 50 per cent shall be paid after expiry of period of one year of installation.
The DG set shall not be shifted from the State for a period of ten years counted form the date of installation or to any other unit except with the approval of the Director, Industries & Commerce. If the unit makes any such request to shift the DG set outside the State, the same shall be considered only in case the unit deposits the entire amount of the subsidy availed of together with interest thereon at the prevailing rate of interest on term loans.
Government shall allow setting up of captive Thermal Power Generating Stations (subject to pollution control measures to be adopted by the promoter) and also Hydel Generating stations. There shall be no electricity duty/State excise on generation of electrical energy through such captive Power Generating Stations for a period of 25 years. The station may be set up by an individual promoter or a group of promoters and the energy thus generated may be shared by them or sold to other consumers.