Goa Power Subsidy Scheme for IT Units: 20% Subsidy on Electricity Bills

The “Power Subsidy Scheme”, launched in 2018, is a part of the Information Technology Policy Schemes by the Department of Information Technology, Government of Goa. This scheme aims to support eligible Information Technology (IT) units in Goa by providing them with financial assistance on power charges, thereby promoting Goa as a preferred investment destination for the IT industry.

Benefits

• 20% subsidy on power charges (excluding duties and taxes)

• Maximum limit of ₹5,00,000 per annum per unit, whichever is lower

• Subsidy available for a period of 3 years from:

  • The date of commencement of operations, or

  • The date of notification of this policy (whichever is later)

Note 1: Benefits are subject to budgetary allocation; discontinuation is possible if the fund allocation is exhausted.
Note 2: Only actual expenditure during the policy period is eligible for rebate.

Eligibility

1. The applicant must be a new or existing IT unit operating in Goa

2. The applicant must be registered under one of the following:

   • Proprietorship Firm

   • Private Limited Company (Companies Act, 2013)

   • Public Limited Company (Companies Act, 2013)

   • Registered Partnership Firm (Indian Partnership Act, 1932)

   • Limited Liability Partnership (LLP Act, 2008)

3. Bank accounts of the unit/partners/directors must be Aadhaar-linked

Exclusions

• Units already availing similar financial incentives under other Goa Government policies

• Units availing benefits under the Solar Power Subsidy of the IT Policy

Application Process

Mode: Online

Step 1: Registration

• Visit the Goa Online Portal

• Click “Register” on the top right corner

• Verify Email ID and Mobile Number via OTP

• Complete the Registration Form, create Login ID and Password, agree to the terms, and submit

Step 2: Login

• Login using the registered credentials

• Enter Captcha and proceed

Step 3: Application

• Click “Services” → “IT Services”

• Select the Power Subsidy Scheme from the list

• Fill out the application form with all required details

• Upload the necessary documents

• Submit the application

• A unique registration number will be generated for tracking

Note: Applications can be submitted on a quarterly, bi-annual, or annual basis after incurring the relevant expenses.

Disbursement Timeline

• D = Date of Receipt of Application

• D+30 Days: Application scrutiny as per checklist

• D+60 Days: Approval by the Empowered Committee

• D+90 Days: Issuance of Regret Letter/Sanction Order and Disbursement

Documents Required

1. Certificate of Incorporation

2. New unit registration certificate

3. PAN, Aadhaar, GST TIN

4. Memorandum & Articles of Association

5. First electricity bill or document showing operations start date

6. Occupancy certificate (office space)

7. Employee details, with percentage of Goan-origin employees

8. All electricity bills for the subsidy period (with unit name/address)

9. Proof of bill payments

10. Udyog Aadhaar

Frequently Asked Questions

• Q: Who is eligible for the Power Subsidy?
  Any new or existing IT unit operating in Goa, not availing similar benefits elsewhere

• Q: What is the maximum subsidy?
  ₹5,00,000 per year, for up to 3 years

• Q: Can units benefit from both this and the Solar Power Subsidy?
  No, only one subsidy scheme is allowed

• Q: How often can an application be filed?
  Quarterly, bi-annually, or annually, post expenditure

Sources and References

• Official Scheme Guidelines

• User Manual for Business Entity

• Track Application Status Portal