Question: How much money/support does Power Subsidy Scheme give?

Answer: Benefits under Power Subsidy Scheme:

are subject to budgetary allocation. It's important to note that no Promissory Estoppel is applicable if benefits are discontinued
due to exceeding the allocation. How often can an applicant apply for the "Power Subsidy Scheme"?An applicant can apply on a
quarterly, bi-annual, or annual basis after incurring the relevant expenditure, providing flexibility to align with their operational
timelines. Could you outline the timeline for the disbursement process, including key milestones?Certainly! The timeline includes D
(Incentive Application Receipt), D+30 days (Application scrutiny), D+60 days (Application approval), and D+90 days (Issue of Regret
Letter/Sanction Orders and Disbursement), ensuring a systematic and timely process. Are there any specific conditions for the bills
claimed under the "Power Subsidy Scheme"?Yes, the bills claimed should clearly show the name and address of the unit. It's essential to
note that only expenditure incurred during the operation of the Policy is eligible for the rebate. Can an applicant avail benefits under the
"Power Subsidy Scheme" while simultaneously benefiting from other government policies in Goa?No, units availing similar financial
incentives under other Government of Goa policies are excluded from availing benefits under the "Power Subsidy Scheme." Can a unit
apply for the scheme if it has already availed benefits under the Solar Power Subsidy of the Policy?No, units availing benefits under the
Solar Power Subsidy of the Policy are not eligible for benefits under the "Power Subsidy Scheme." Where Can I Find The Link To The
Scheme Guidelines?You can access the comprehensive Scheme Guidelines, which provide intricate details and instructions, at the
following web address: https://www.goa.gov.in/wp-content/uploads/2020/08/ITPolicySchemes2018.pdf Is There Any Compensation For
The Delay In The Disbursal Of The Scheme Benefits?The guidelines do not mention any provision for compensation in the event of
delayed disbursement of scheme benefits. Sources And ReferencesGuidelinesOfficial GazetteContact UsUser Manual For Business
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To avail these benefits, you need to meet the following eligibility criteria: GoaPower Subsidy SchemeCompanyElectricityInformation
TechnologyPowerSubsidyDetailsBenefitsEligibilityExclusionsApplication ProcessDocuments RequiredFrequently Asked
QuestionsLaunched in 2018, the "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.OkWas this helpful?ShareNews and UpdatesNo new news and
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myscheme[at]digitalindia[dot]gov[dot]in(011) 24303714Last Updated On : 28/03/2024 | v-2.1.1