Scheme for Assistance to Micro, Small and Medium Enterprises (MSME): Assistance for Power Connection Charges
About This Scheme
The "Scheme for Assistance to Micro, Small and Medium Enterprises (MSME)" is an umbrella scheme launched by the Industries and Mines Department, Gujarat. It aims to empower the state's dynamic MSME sector, which significantly contributes to employment, GDP, and exports. Effective from August 7th, 2020 to August 6th, 2025, this initiative supports entrepreneurs and strengthens MSMEs, making them globally competitive. 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.
Eligibility
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's operative period. 1. The application for reimbursement must be submitted within one year of payment.
Benefits
- Quantum of Assistance: 35% of charges paid to distribution licenses for LT (Low Tension)/HT(High Tension) service line, maximum limit up to ₹5,00,000/-.
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.