Incentive Scheme for MSMEs in Powerloom Sector: Subsidy for Energy Efficiency

About This Scheme

Benefits

Eligibility

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  The Scheme shall be generally applicable to all micro, small, and medium enterprises (MSMEs) in the powerloom sector.
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  Enterprises must have started production from 01.01.2022 to 31.12.2024.
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  Enterprises should have executed a Four-party agreement with the Directorate of Textiles, Financial institution and Tantuja.
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  The units should be a private sector, cooperative sector and joint sector undertaking as also companies/ undertakings owned and managed by the State Government and the Industrial SHGs.
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  The project should be covered by a detailed feasibility report/project prepared for the purpose.
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  The project should have been approved and sanctioned by a Central Financial Institution or Commercial Banks or State Financial Institutions.

Required Documents

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  A copy of the Memorandum of Association and Articles of Association authenticated by the Registrar of Companies/ partnership deed (wherever applicable).
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  A statement on the name and address of the Directors /Partners /Owners of the enterprise/ Members of Cooperative or Self Help Groups, as applicable.
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  Copy of approved project report.
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  A copy of loan sanctions letter and disbursement letter issued by financial institutions/ banks.
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  Copy of agreement.
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  A copy of the audited balance sheet for the last 2 years wherever applicable.
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  Existing manufacturing activities in West Bengal stating items, annual approved capacity, annual production during the last three years (in quantity and value in Rs. Lakh), if applicable.
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  Copy of the land deed (wherever applicable) (In case of rented /leasehold land / buildings, copy of rent agreement and receipt /lease agreement).
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  Copy of mutation & conversion certificate of land/ building.
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  Copy of valid consent to operate certificate from the WBPCB.
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  Copies regarding SGST.
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  Copy of trade licence.
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  Copy of first electricity bill (wherever applicable)
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  Copy of acknowledgement of Udyam Registration
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  Copy of SC / ST certificate wherever applicable.
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  Copy of other statutory licenses/certificates, if necessary.
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  “Self declaration” as per para 7.1(vi) of the Official Scheme Guidelines.
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  Copies of relevant bills, money receipts for expenditure incurred towards cost of Energy Audit and installations for energy conservation.
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  Copy of Energy Audit Report/Recommendations of the Certified Agency related to the claim in question.
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  Details of installations for energy conservation.

✦ Required ◦ Optional

How to Apply