Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Power Connection Charges
At a Glance
Scheme Category
Business & Entrepreneurship,Setting up / start-up / entrepreneurship
Target Beneficiaries
Business Entity,Industries
Brief Description
The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" launched by the Industries and Mines Department aims to position Gujarat as a global business hub, promoting sustainable manufacturing, MSME growth, and export competitiveness.
Benefit Type
Cash
Eligibility Criteria
1. The firm must be a Micro/Small/Medium enterprise. 1. The unit must be located outside GIDC or an approved industrial park. 1. The applicant must have paid power connection charges to the distribution licensee during the scheme&39;s operative period. 1. The application for reimbursement must be submitted within one year of payment.
Application Mode
Online
Application Process
> Registration Process: Step-1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="Investor Facilitation Portal (IFP)" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/ nis:enabled=true/> portal. Click on "New Investor Registration" to access the registration form. Step-2: Fill in the Registration Form. Click on "Submit". Step-3: Verify the E-mail ID using the link sent on your registered E-mail ID. Step-4: After verification, you will be registered successfully. > Post-Registration Process: Step-1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="Investor Facilitation Portal (IFP)" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/ nis:enabled=true/> portal. Click on "Login". Step-2: Enter the email address and password you used during registration. Step-3: Click the "Login" button to access your account. Step-4: Now fill in the required details and mandatory documents about your business to complete the application process. > Helpdesk: <nis:link nis:type=webUrl nis:id=slugId nis:text="**Contact Here.**" nis:value=https://ifp.gujarat.gov.in/DIGIGOV/IFP-pages/contact.jsp?pagedisp=static nis:enabled=true/>
Required Documents
- Copy of Udyam/IEM/LOI Registration certificate. Copy of the Constitution of the enterprise. CA Certified Balance sheet /Annual Audit Report. (if applicable). CA certificate for capital investment. Land Document such as NA Permission/ copy of Index/sale Deed. PAN card of Enterprise, Promoters/partners/directors and Authorized Signatory. Estimates of Power Distribution company (DISCOM) and Receipt. Copy of bills issued by Power Distribution company. Copy of Power Distribution License company Certificate (HT/LT). Copy of certificate for category (if applicable). Copy of Self-certified Shareholding pattern. Copy of sanctioned and connected Load Certificate issued by Power Distribution License Company. Self-certified expenditure statement supported by DISCOM Documents. Copy of GPCB approved NOC/Consent & other departments approval (if applicable). Copy of GST registration (if applicable). Bank details for payment (Cancelled cheque). Self-Attested documents/details to be submitted by the Authorized Person. Power of attorney/Board resolution/Consent letter.
FAQs
What is the "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)"?
The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" aims to position Gujarat as a global business destination by promoting sustainable manufacturing, inclusive development, and balanced regional growth.
What is the duration of the scheme?
The scheme is effective from August 7, 2020, and will remain in operation until August 6, 2025.
What is the objective of the component "Assistance for Power Connection Charges"?
The component "Assistance for Power Connection Charges" provides financial assistance to MSMEs (Micro, Small & Medium Enterprises) that are located outside GIDC (Gujarat Industrial Development Corporation) or other approved industrial parks.
Who is eligible to apply for this scheme?
Any MSME located outside GIDC or an approved industrial park that has paid power connection charges to the distribution licensee is eligible to apply.
What is the maximum financial assistance that an applicant can receive?
An eligible applicant can receive a maximum financial assistance of ₹5,00,000/- under this scheme.
Who is eligible to apply for this component?
Any registered business, startup, or institution involved in ICT-related projects is eligible to apply for the scheme.
What percentage of the power connection charges is reimbursed under this scheme?
The scheme provides reimbursement of 35% of the charges paid to the distribution licensee.
Can an existing consumer apply for assistance under this scheme?
Yes, an existing consumer can apply if they have paid for additional load (expansion) or shifting of a service line.
What is the time limit for submitting an application for reimbursement?
The applicant must submit the application within one year from the date of payment to the distribution licensee.
Are MSMEs located inside GIDC or other approved industrial parks eligible for this scheme?
No, MSMEs located within GIDC or any approved industrial park are not eligible for assistance under this scheme.
Can an MSME apply for assistance if the payment for power connection charges was made before the scheme started?
No, only payments made during the operative period of the scheme are eligible for reimbursement.