West Bengal Textile Incentive Scheme: Power Subsidy

The scheme Power Subsidy is a sub scheme under West Bengal Textile Incentive Scheme. It was launched on 13 December, 2022, by the Department of Micro, Small and Medium Enterprises and Textiles

, Government of West Bengal, and shall remain valid upto five years.

Objective of the West Bengal Textile Incentive Scheme Scheme:

The object of the scheme is to extend fiscal incentives to textile sector across the entire value chain starting from fibre to stitched garments for setting up such units in the State. The focus is on accelerated and focused development of the textiles sector across the state. This shall enable to maximize the utilization of resources, generate new employment and widen the area of operation to make the state emerge as the preferred destination for investment in the textile sector.

Objective of the Power Subsidy Scheme:

Through this incentive, an eligible textile sector enterprise for its approved project will be entitled to power subsidy on electricity consumption for 5 years from the date of commencement of production from any licensee power supplier on reimbursement basis for the different manufacturing activity.

Benefits

1. ? 2,00,00,000/- to 50,00,000/- per annum for 5 years.

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Eligibility

1. Industries in the manufacturing and processing of textiles, apparel and technical textiles products.
2. The unit should have started production on or after 1st April
3. The units may be in the private sector, co-operative sector, joint sector as also companies/undertakings owned or managed by the State Government.
4. Shall not be applicable to the industrial units/enterprises.
5. The project should have been approved and sanctioned by a Central Financial Institution or Commercial Banks or State Financial Institutions.
6. The unit should hold an Registration Certificate, Date of Commencement Certificate and Eligibility Certificate issued by the Director of Textiles on satisfaction of arrangement.

Exclusions

1. The incentives shall not be applicable to the industrial units/ enterprises that have been registered and for which eligibility certificates have been issued /incentives have been sanctioned and disbursed under the respective Incentive Scheme of the State.
2. That has been registered and for which eligibility certificates have been issued in terms of the respective Incentive Scheme of the State but no claim and sanction of incentive has been made.

Application Process

Online

Registration Process:

1. Visit the registration page of the Official Website.
2. Fill in all the mandatory details in that window and click on Register.
3. You will be registered successfully with a confirmation.Application Process:
4. Visit the user login page of the Official website.
5. Login with your registered Mail Id and Password..
6. Fill up the eligible form.
7. Check your eligibility in the portal.
8. Fill up your Common Application Form (CAF).
9. Fill up Form A and Form C (if any).
10. Download and Self sign Form A and Form C (if any).
11. Upload signed copy of Form A and copy of Form C (if any).
12. Submit Your Application.Helpdesk: Directorate of Textile.

    Documents Required

    1. Copies of all Electricity Bills and corresponding money receipts for which the claim is made.
    2. Any other documents as required.