The Electricity Duty Exemption scheme, an integral part of the Maharashtra Industries Investment and Services Policy 2025, aims to bolster industrial growth and investment across various regions of Maharashtra. This initiative specifically targets Large Scale Industries (LSI) by providing relief from electricity duties, thereby reducing operational costs and enhancing competitiveness. The policy recognizes the critical role of electricity in industrial operations and seeks to provide a favorable environment for both new and existing units to thrive.
This exemption is strategically designed to encourage industrial development in less developed regions, categorized as Group C, D, and D+ areas, by offering benefits for a tenure equivalent to their overall incentive period under the policy. This differentiated approach helps to balance industrialization across the state, promoting equitable growth.
Furthermore, the scheme extends special provisions for certain categories of units located even in more developed Group A and B areas. This includes Export Oriented Units (EOUs) that demonstrate significant export turnover, as well as enterprises wholly owned by women, Scheduled Castes (SC), Scheduled Tribes (ST), or persons with disabilities (PwD). These provisions underscore the government's commitment to inclusive industrial development, supporting specific socio-economic groups and export-driven growth. By reducing a significant input cost, the policy aims to stimulate investment, create employment opportunities, and foster sustainable industrial expansion throughout Maharashtra.
