Kalaignar Green Energy Scheme
The Kalaignar Green Energy Scheme is administered by the Tamil Nadu Industrial Investment Corporation Ltd (TIIC) under the auspices of the Government of Tamil Nadu. It was launched to promote renewable energy adoption (solar, biomass, co-generation etc.) among industries and MSMEs in Tamil Nadu. The purpose is to help your business reduce energy cost, improve sustainability, and adopt green technology, thereby making your enterprise more competitive and future-proof.
Key Features
- Financial assistance for green energy projects: Under the scheme, MSMEs and industrial units can apply for financial support (through TIIC) to adopt renewable energy systems such as solar power plant, biomass based units, co-generation etc. This means you can install green-energy equipment with lower financial burden.
- Supports both new and existing units: The scheme is not only for new enterprises but also existing MSMEs which intend to adopt green energy solutions. This flexibility means you, as an operating unit, can upgrade to renewable power under this scheme.
- Focus on energy cost reduction and environmental compliance: By adopting renewable energy under this scheme, your business can reduce its electricity/fuel cost, reduce carbon footprint, meet regulatory/environmental norms, and improve overall competitiveness.
- Administered via TIIC with dedicated scheme listing: The scheme is explicitly listed on TIIC’s website under “Kalaignar’s Green Energy Scheme”. This means application and processing happens via a recognised state-financial institution, giving clarity and support.
- Enabling green credentials and sustainability for MSMEs: Beyond cost saving, the scheme helps your business gain a green technology advantage useful for supply-chain, markets, export eligibility or CSR-friendly profiles.
Financial Assistance
Eligibility Criteria
Who Can Apply:
- MSMEs and large industrial enterprises located in Tamil Nadu.
- Proprietorships, partnerships, LLPs, private limited and public limited companies.
- Units planning to set up or upgrade renewable energy projects (solar, wind, or bio-energy).
- Both new and existing industrial units engaged in manufacturing or power generation activities.
Who Cannot Apply:
- Entities located outside Tamil Nadu.
- Units not in operation or in loss for the past 3 years (for existing-unit category).
- Borrowers classified as Non-Performing Assets (NPAs) by any financial institution.
- Applicants seeking funding primarily for land purchase (land cost is ineligible).
- Individuals or entities engaged solely in trading, consultancy, or non-manufacturing activities.
Documents Required
- Completed application form for the scheme.
- Detailed project report (capacity, technology, cost breakup, implementation timeline).
- Audited financial statements of the enterprise (last three years) for existing units.
- Promoter’s net worth certificate, credit history.
- Site ownership/lease document for power-plant location.
- Equipment/technology vendor quotations and supplier list.
- Environmental clearance / grid connectivity feasibility / power evacuation report (if sale route).
- Power Purchase Agreement (PPA) or captive-use declaration for sale/captive route.
- Promoter’s contribution proof.
- Collateral/security documents per TIIC norms.
- Standard identity/address proof, company registration/incorporation certificates.
Application Process for the Scheme
Option 1: Apply with Bullit (Recommended)
Click here to start with guided support. Our team verifies eligibility, compiles documents, and handles application & follow-ups on your behalf. You can monitor progress while focusing on operations.
Recommended for: Lean teams. Designed to save you time and effort. Access expert help from start to finish.
Option 2: Direct via TIIC
- Visit the TIIC website and locate the “Kalaignar’s Green Energy Scheme” page.
- Download the application form and fill in project details (capacity, cost, existing unit status, sale or captive consumption route).
- Submit the filled form along with supporting documents (see below) at TIIC’s branch or online (if enabled).
- TIIC will appraise the project for technical feasibility, financial viability, promoter strength, collateral/security and sanction terms.
- Upon sanction, execute loan agreement, contribute promoter share, and implement the renewable project.
- Draw down the loan as per TIIC norms; repay as per schedule (up to 9 years including moratorium).
Option 3: Through Bank/Financial Institution with TIIC Tie-up
Some banks may process applications under this scheme in tie-up with TIIC. Contact your financing bank branch for guidance and ensure TIIC approval reference.
Power Combos with The Scheme