Central GovernmentVerified
West Bengal Incentive Scheme for Approved Industrial Park (SAIP) for MSMEs: Incentive for Setting up a Power Sub Station
The “Incentive for Setting up a Power Sub Station” under the “SAIP for MSMEs” scheme, facilitates the Private Industrial Park in the provision of quality power.
Start date16 Sept 2020
End date / Deadline15 Sept 2025
Last verifiedToday
About This Scheme
The scheme “Incentive for Setting up a Power Sub Station” is a sub scheme under the “West Bengal Incentive Scheme for Approved Industrial Park (SAIP) for MSMEs”. It was launched on 16th September, 2020, by the Department of Micro, Small & Medium Enterprises and Textiles, Government of West Bengal, shall remain in force up to 5 years. > Objective of the "West Bengal Incentive Scheme for Approved Industrial Park (SAIP) for MSMEs”: The objective of the Scheme is to provide state support in the form of fiscal and non fiscal incentives in order to encourage private sector to set up industrial parks on their own land with quality infrastructure so as to catalyze and promote growth of MSME units in the state, boost employment generation, and lead to technology advancement and improved environmental compliance. > Objective of the "Incentive for Setting up a Power Sub Station" Sub-scheme: Through this incentive, power substations catering to the Approved Industrial Park (AIP), for which the requirement is justified and approved, shall be set up by the concerned State Government agency free of cost. Suitable land for setting up the substation shall be provided by the SPV without cost.
Benefits
Pattern Of Assistance: Setting up of a Power Sub-Station free of cost.
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
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Required Documents
- ✦Certificate of completion of construction of Basic and Common Infrastructure Facilities and CETP, if any.
- ✦Details of MSMEs with EM no. to which plot of land/ shed / buildings/ installations have been allotted
- ✦Detailed expenditure statement certified by a Chartered Accountant.
- ✦O&M Plan
- ✦Any other documents/ papers found necessary.
- ✦Registration certificate of the applicant Private Sector/SPV.
- ✦Memorandum and Articles of Associations of Private Sector/SPV.
- ✦Company credentials and Financial Statements (Balance Sheet and Profit and Loss) of Private Sector Companies forming SPV in the last 3 years.
- ✦Copy of land Deed/ legal possession of the land for Park.
- ✦Any other documents/ papers required to be submitted in accordance with EOI such as the Detailed Project Report (DPR), Lay out Plan, Operation & Maintenance (O&M) Plan etc.
- ✦Application for grant of incentive under West Bengal Incentive Scheme, for Approved Industrial Park for MSMEs:
- ✦Registration Certificate of the SPV.
- ✦Memorandum and Articles of Association of the SPV.
- ✦Shareholders Agreement of the SPV.
- ✦Approved Layout plan.
- ✦Land deed.
- ✦Certificate for mutation and conversion of land.
- ✦Consent to Establish Certificate from WBPCB.
- ✦Other statutory approvals/ clearances / licenses.
- ✦Approval notification under the Scheme and approved extension if any.
✦ Required ◦ Optional
How to Apply
OOnline
Quick Info
- Level
- Central Government
- Launched
- 16 Sept 2020
- Deadline
- 15 Sept 2025