Power Subsidy Scheme (Goa IT Policy Schemes)
"Power Subsidy Scheme" is one of the "Information Technology Policy Schemes" by the Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide Power Subsidy to the eligible Information Technology Units in the State of Goa. All the New and Existing Units having their operations in Goa are eligible. The scheme has been framed as a part of Goa's IT Policy that envisages Goa as an aspirational geographical and human resource base for IT Units and a preferred destination for their investment and expansion.
Benefits
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IT units in Goa receive a power subsidy of 20% of power charges.
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Subsidy is calculated only on power charges, excluding duty, taxes, and other charges.
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Maximum subsidy limit is ₹5,00,000 per year per unit.
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Subsidy is available for a period of 3 years from commencement of operations or policy notification, whichever is later.
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The subsidy aims to reduce electricity costs and promote IT/ITES growth in Goa.
Eligibility
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Units must operate in Goa (new or existing).
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Eligible entities include Proprietorship, Private Limited Company, Public Limited Company, Partnership Firm, and LLP
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Bank accounts of the unit and partners/directors must be linked with Aadhaar.
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Udyog Aadhaar is required to avail scheme benefits.
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Only expenses incurred during the policy period are eligible for rebate.
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Units availing Solar Power Subsidy under the policy are not eligible for this benefit.
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Units will be evaluated annually to verify continued eligibility
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Units receiving similar incentives under other Goa Government policies are not eligible, and the scheme does not guarantee benefits.
Required Documentation
Incorporation certificate and unit registration certificate.
PAN, Aadhaar and GST documents.
Memorandum and Articles of Association (MOA & AOA)
First bill or document showing commencement of operations.
Occupancy certificate for the office space.
Employee details including percentage of Goan origin
Electricity bills for the subsidy claim period.
Proof of payment of electricity bills.
How to Apply?
Select Power Subsidy Scheme (Goa IT Policy Schemes) from the list of schemes.
Click on the Apply button.
You will be automatically redirected to the Goa Online Portal to submit your application.
Log in to the UDP Goa website.