Solar Power Subsidy Scheme

Goa’s Solar Power Subsidy Scheme

Initiated in 2018, the Solar Power Subsidy Scheme aims to bolster the solar energy sector within the state of Goa. Managed by the Department of Information Technology, this initiative is part of Goa’s broader Information Technology Policy, which seeks to position the region as a leading hub for IT investments and infrastructure. By providing financial assistance to eligible Information Technology Units, the scheme fosters sustainable energy practices and encourages businesses to adopt renewable energy solutions.

Scheme Overview

The primary goal of the Solar Power Subsidy Scheme is to offer financial support in the form of a subsidy for the installation of solar power generation units. This initiative is designed for both new and existing IT units operating within Goa. The scheme is aligned with the state’s vision of creating a favorable environment for IT enterprises, enhancing Goa’s appeal as an investment destination for technological advancements and expansion.

Benefits of the Scheme

Under this scheme, all units that operate on 100% solar energy are eligible for a subsidy that covers:

• Reimbursement Rate: 10% of the capital expenditure related to the installation of solar power generation units.
• Maximum Subsidy: Up to ₹50,00,000.

Important Notes:

• The availability of benefits depends on budgetary allocations; thus, no claims can be made if funds are exhausted.
• Rebates are limited to expenditures incurred during the policy’s operational period.

Eligibility Requirements

To qualify for the subsidy, applicants must meet the following criteria:

• All new and existing units must have active operations in Goa.
• The applicant must be categorized as one of the following:
  • Proprietorship Firm
  • Private Limited Company registered under the Companies Act, 2013 (or equivalent)
  • Public Limited Company registered under the Companies Act, 2013 (or equivalent)
  • Registered Partnership Firm under the Indian Partnership Act, 1932 (or equivalent)
  • Limited Liability Partnership as per the Limited Liability Partnership Act, 2008 (or equivalent)
• The unit must be registered with the Goa Energy Development Agency (GEDA) for solar power production.
• The bank accounts associated with the unit and/or its partners/directors must be linked to Aadhaar.

Exclusions

Units that are already benefiting from the Power Subsidy under the existing policy will not be eligible for this scheme’s benefits.

Application Procedure

To apply for the Solar Power Subsidy Scheme, follow these steps:

1. Visit the Official Portal: Access the Goa Online portal and click on “Register” located at the top right corner.
2. Verify Your Details: Confirm your Email ID and Mobile Number through an OTP. This will redirect you to the Registration Page.
3. Complete the Registration Form: Fill in all required fields, create a Login Name and a strong Password. Read the Declaration and Terms & Conditions carefully, check the boxes, enter the Captcha Code, and click “Register/Signup”.
4. Log In: Use your Login Name and Password to access the website. Enter the Captcha Code and click “Login”.
5. Application Form: Click on “Services” in the top ribbon, then select “IT Services”. Choose the scheme name to access the application form. Fill out all mandatory fields and upload the necessary documents.
6. Submit Your Application: After completing the form, submit your application. A unique registration number will be generated, which should be noted for future reference.

Note: Applications can be made quarterly, bi-annually, or annually after the relevant expenditure is incurred.

Disbursement Timeline

Official Source

For more details, visit the official page at myScheme.gov.in.