Gujarat Textile Policy: Power Tariff Subsidy

About This Scheme

The "Gujarat Textile Policy" is an umbrella scheme introduced by the Industries and Mines Department, Gujarat. It aimed at augmenting investments in the textile sector and strengthening the textile value chain across each sub-sector, while also focusing on strengthening the garments and apparel as well as technical textiles industry. Effective from October 1st, 2024 to September 29th, 2029, this initiative focuses on reducing the carbon footprint and promoting green growth, thereby making the sector globally competitive and environmentally sustainable. The component "Power Tariff Subsidy" is aimed at reducing electricity costs for eligible industrial units. This subsidy provides financial relief on power tariffs for industries availing electricity either from DISCOM (Distribution Companies) or through renewable power sources under open access.

Eligibility

1. New industrial units are eligible for the Power Tariff Subsidy. 1. Existing industrial units undergoing expansion, diversification, or modernization are eligible. 1. The industrial unit must submit electricity bills in its name. 1. The unit must apply within one year from the Date of Commercial Production (DoCP). Note: In the case of expansion/diversification/modernization, the subsidy applies only to additional power consumption beyond the previous year’s average. > Eligible Activities: Activity 1: - Garments, Apparel & Made-ups, Technical Textiles Activity (including Composite Unit) Activity 2: - Weaving (with or without preparatory), Knitting, Dyeing & Processing, Texturising, Twisting, Embroidery and MMF Spinning to manufacture yarn from Polyester Staple Fiber (PSF) / Viscose Staple Fiber (VSF) (excluding Spinning activity of Cotton and Synthetic Filament Yarn).

Benefits

ActivityPower Tariff SubsidyActivity-1INR 1/unit (kWh) Availing power either from DISCOM or Renewable Power through open-access for period of 5 years from DoCP Activity-2INR 1/unit (kWh) Availing power either from DISCOM or Renewable Power through open-access for period of 5 years from DoCP

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.