Electricity duty/Solar Power

• Support for Capital Investments: Provides term loans for setting up new units, including the installation of rooftop solar projects, helping enterprises reduce long-term energy costs and promote sustainability.
• High Loan Limit: Eligible enterprises can avail term loans of up to ₹50 crores, enabling large-scale capital investments. The scheme covers up to 75% of the total project cost, easing upfront financial burden.
• Promoter Experience Requirement: For loan amounts up to ₹20 crores: Minimum 3 years of experience in manufacturing is required. For loan amounts above ₹20 crores: Minimum 5 years of experience in manufacturing is mandatory. This ensures that enterprises are backed by experienced promoters with a track record in the sector.
• Clean Energy Promotion: Encourages eco-friendly infrastructure by supporting rooftop solar project installations, contributing to both cost-efficiency and environmental sustainability.