Scheme for Financial Assistance to Integrated Logistics Facilities: Exemption of Electricity Duty

About This Scheme

The "Scheme for Financial Assistance to Integrated Logistics Facilities" is an umbrella scheme launched by the Industries and Mines Department, Gujarat under the Gujarat Integrated Logistics and Logistics Park Policy. Effective from August 2nd, 2021 to August 1st, 2026, this initiative aims to provide financial assistance to the private developer for developing Logistics Facilities and Logistics Park with all required infrastructure and logistic services. The component "Exemption of Electricity Duty" is aimed at promoting industrial growth and economic development. Under this scheme, newly established units or projects can avail of electricity duty exemptions after the commencement of their operations.

Eligibility

- The subsidy is applicable only to new units/projects. - Developer has to maintain and operate the logistic facilities for at least minimum period of 5 years.

Benefits

Financial Assistance: Unit/Project is eligible for exemption of Electricity Duty from the date of Commencement of Operation.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.