Solar Power Subsidy Scheme

Key Features

Financial Assistance

Component

Assistance Provided

Detailed Explanation of Component & Assistance Provided

Solar Power Generation Installation

Reimbursement of 10% of capital cost

The scheme reimburses 10% of the capital investment made by an eligible IT unit for installing solar power generation systems. Example: If a company installs a solar system costing ₹1 crore, it can receive ₹10 lakh as subsidy.

Maximum Subsidy Limit

Up to ₹80 lakh per unit

Even if the capital investment is very high, the subsidy amount cannot exceed ₹80 lakh for each eligible unit. Example: If the installation cost is ₹10 crore, the subsidy is still capped at ₹80 lakh.

Registration with GEDA

Mandatory requirement

The installed solar power generation unit must be registered with the Goa Energy Development Agency to ensure monitoring of solar energy production and compliance with policy requirements.

Eligibility Criteria

To apply for the Solar Power Subsidy Scheme, the applicant must meet the following conditions:

Documents Required

Applicants must submit the following documents:

Application Process

Option 1: Apply with Bullit, Recommended

Start instantly with our guided application support, where our team verifies eligibility, prepares documentation, and coordinates with the Industries Department on your behalf. Using our business loans and compliance calendar, you can track progress while focusing on project execution, we manage the application end-to-end.

Option 2: Apply Online / Offline (Government Process)

  1. Prepare Application - Fill the Common Application Form (Part 1) along with the required supporting documents for the IT unit applying under the scheme.
  2. Submit the Application - Submit the completed form and documents through email or the official web portal of the Department of Information Technology, Government of Goa. A unique acknowledgement number will be generated for the application.
  3. Submit Incentive Claim Forms - Applicants who wish to claim the subsidy must submit the Common Application Form (Part 2) and Incentive Specific Forms along with supporting documents to the Due Diligence Committee.
  4. Committee Evaluation - The Due Diligence Committee reviews the submitted documents and forwards its recommendations to the Empowered Committee for final consideration.
  5. Approval and Sanction - Based on the committee’s evaluation, the approved subsidy amount is sanctioned and disbursement is made to the applicant.

Claim Submission Timeline - Applicants can submit claims quarterly, bi-annually, or annually after incurring the expenditure related to the solar power installation.

Frequently asked questions

What is the Solar Power Subsidy Scheme under the Goa IT Policy?

The Solar Power Subsidy Scheme is an initiative of the Government of Goa under the Goa Information Technology Policy 2018. It provides financial assistance to IT units installing solar power generation systems within the state.

Who can apply for this subsidy scheme?

Both new and existing IT units operating within Goa can apply. Eligible business structures include proprietorship firms, private limited companies, public limited companies, registered partnership firms, and limited liability partnerships.

What financial assistance is available under the scheme?

Eligible units receive reimbursement of 10% of the capital cost incurred for installing solar power generation systems, subject to a maximum subsidy limit of ₹80 lakh per unit.

Is registration with any authority required?

Yes. The solar power system installed under the scheme must be registered with the Goa Energy Development Agency (GEDA) to monitor solar energy generation and ensure compliance with policy guidelines.

Can a unit claim this subsidy along with other solar schemes?

No. Units that have already claimed benefits under another Solar Power Subsidy Scheme under the same policy are not eligible to claim additional benefits.

What forms are required to apply for the scheme?

Applicants must submit the Common Application Form (CAF) along with incentive-specific forms and supporting documents as specified under the scheme guidelines.