Scheme Name: Incentives to Green Investment Scheme, 2017

State: Goa

Description of the Scheme: Objective is to give financial support to industrial units for adopting environmentally friendly equipment and processes and also to support adoption of new technology and renewable energy aimed at conserving the use of natural resources.

Target group :

Sector of the Scheme:

Eligibility Criteria: Manufacturing units under micro, small, medium and large category are eligible for incentives under the scheme

Nature & Mode of Assistance: Subsidies that can be availed shall be classified under following heads:
i) Water and Energy Audit Reimbursement:
a) Units shall be eligible for a reimbursement of 25% of cost of water and energy audits subject to a maximum of Rs.1 lakh per unit during validity of this scheme.
b) Water and energy audits should be carried out by a recognised institution/consultant certified by Bureau of Energy Efficiency, Ministry of Power, and GoI.

ii) Energy Conservation Equipment Capital Reimbursement
a) Units implementing energy conservation measures and adopting use of energy conservation equipment shall be eligible for a reimbursement of 40% of capital cost incurred on purchase of equipment subject to Rs.10 lakh per unit.
b) Reimbursement shall be subject to certification that equipment is an energy conserving fixed asset of capital nature by a recognised institution/consultant certified by Bureau of Energy Efficiency, Ministry of Power, GoI.
c) Unit can avail this benefit multiple times subject to maximum ceiling on benefits.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply:

Whom to Contact: Directorate of Industries, Trade and Commerce (DITC)