The scheme “Assistance For Saving In Consumption Of Energy And Water” is a sub scheme under the “Investment Promotion Scheme (IPS)” for MSME Sector. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu. Now it has been extended further from 20th May, 2022 and shall be operative till 19th May, 2027.
25% subsidy, up to ₹20 L
CAPITAL · quoted from the scheme, not calculated by us
DETAILS The scheme “Assistance For Saving In Consumption Of Energy And Water” is a sub scheme under the “Investment Promotion Scheme (IPS)” for MSME Sector. It was launched on 3rd July, 2015 for a period of five years by the Dept. of Industries, U.T. Administration Of Dadra & Nagar Haveli And Daman & Diu. Now it has been extended further from 20th May, 2022 and shall be operative till 19th May, 2027. Objective of the "Investment Promotion Scheme (IPS)”: The scheme envisages to provide incentives and assistance to the MSME Sector in order to nurture them and protect them from market vagaries thereby making them vibrant and successful, maximize Women participation in the business sector, reduce unemployment among the local residents and incentivize the industries to employ resident laborers etc. Objective of the "Assistance For Saving In Consumption Of Energy And Water" Sub-scheme: Under this scheme, an eligible existing/ new Enterprise receives assistance for taking initiative in saving consumption of Energy and Water. Assistance will be disbursed only after submission of Certificate from Energy/ Water auditors regarding installation of equipments as per audit report. BENEFITS 75% cost of Energy/ Water audit conducted by recognized institution/ auditing authority subject to a maximum of ₹1,00,000/. 25% cost of equipment recommended by the auditing authority subject to a maximum of ₹20,00,000/- one-time assistance. ELIGIBILITY Should be a New Manufacturing/ Service units or Existing Manufacturing/ Service units which undertakes Expansion/ Diversification in MSME sector. The unit should have commenced the commercial production between 20.05.2022 to 19.05.2027. Unit should be located in the U.T. of Dadra and Nagar Haveli & Daman and Diu. The projects should have been implemented and commenced during the operation period of the Scheme. Certificate from Energy/ Water auditors regarding installation of equipment should be submitted as per audit report.
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We don’t hold the step-by-step process for Investment Promotion Scheme (IPS) for MSME Sector: Assistance For Saving In Consumption Of Energy And Wateryet. The department’s own notification is the authority until we do — we would rather say that than invent a plausible sequence.
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