Incentives to Green Investment Scheme
By Directorate of Industries, Trade and Commerce, Government of Goa
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Quick Answer
Financial support scheme by DITC, Government of Goa, offering reimbursement for water and energy audits and capital costs for energy conservation equipment to manufacturing units.
About this subsidy
The “Incentives to Green Investment Scheme” was strategically launched by the Directorate of Industries, Trade and Commerce (DITC), Government of Goa, to champion environmental sustainability within the state's industrial landscape. This forward-thinking scheme provides vital financial support to manufacturing units across all scales – Micro, Small, Medium, and Large – encouraging them to transition towards more eco-friendly operations. Its core objective is to incentivize the adoption of advanced, environmentally sound equipment and processes, alongside fostering the integration of new technologies and renewable energy solutions. By doing so, the scheme aims to significantly contribute to the conservation of Goa's precious natural resources. The program specifically offers financial relief through reimbursement for comprehensive Water and Energy Audits, as well as substantial Capital Reimbursement for the acquisition of Energy Conservation Equipment. This dual approach ensures that units are supported both in identifying inefficiencies and in implementing tangible solutions. Applications for this impactful scheme are diligently accepted offline through a structured process.
Eligibility
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Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy providers
Benefits & Funding
- Amount
- Up to ₹10L
What You Get
The scheme offers two primary financial benefits to eligible manufacturing units:
- Water and Energy Audit Reimbursement: Up to ₹1,00,000 per unit, covering 25% of the total cost incurred on water and energy audits. This encourages units to proactively assess their consumption and identify areas for efficiency improvements.
- Energy Conservation Equipment Capital Reimbursement: Up to ₹10,00,000 per unit, covering 40% of the capital cost incurred on the purchase of certified energy-conserving equipment. This benefit can be availed multiple times by a single unit, subject to the maximum ceiling, and is additive to benefits from other State and Central Subsidy Schemes, provided the cumulative government support does not exceed 100% of the equipment's purchase value. These reimbursements directly support manufacturing units in Goa to adopt sustainable and efficient operational practices, thereby reducing environmental impact and operational costs.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The application undergoes a rigorous scrutiny process by a dedicated Task Force Committee (TFC). This committee, which critically includes a representative from the Goa Energy Development Corporation, evaluates each submission against the scheme's objectives and eligibility criteria. Following this detailed assessment, the TFC provides its recommendation for the approval of benefits. Post-disbursement of incentives, successful applicants are required to maintain strict compliance with the scheme's terms. This includes granting free and unfettered access to any official authorized by the Directorate of Industries, Trade and Commerce for periodic inspections and supervision of the unit, its registers, and discussions with employees. This measure ensures the proper utilization and accountability of the financial incentives and subsidies provided by the State Government.
Application Process
- 1
Apply with Proforma
Submit the specified proforma with a self-declaration in the required format.
You - 2
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How to apply
Four steps from draft to disbursement — one action each.
- 1
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Program templates & documents
Files the program publishes for applicants — download these and apply in the prescribed format.
Frequently Asked Questions
What kind of units are eligible for this scheme?
Manufacturing units of Micro, Small, Medium, or Large category operating in Goa are eligible to apply for this scheme.
What kind of financial support does the scheme provide?
The scheme provides reimbursement for 25% of water and energy audit costs (up to ₹1 lakh) and 40% of capital costs for energy conservation equipment (up to ₹10 lakh).
Are there any conditions on combining this subsidy with other government schemes?
Yes, the total subsidy received from this scheme, any other Goa/India Government subsidy, and interest subsidies from soft loans must not exceed 100% of the equipment's purchase value.
Who should conduct the water and energy audits?
Audits and equipment certifications must be carried out by recognised institutions or consultants certified by the Bureau of Energy Efficiency (BEE), Ministry of Power, Government of India.
How do I apply for the scheme?
The application process is offline. Eligible units must submit a specified proforma, a self-declaration, mandatory technical certifications or audit reports, and a Chartered Accountant's certificate detailing expenditure and other subsidies to the Directorate of Industries, Trade and Commerce (DITC) in Panaji, Goa.
What happens after I submit my application?
After submission, applications are scrutinized and recommended by the Task Force Committee (TFC). Successful applicants are required to maintain post-disbursement compliance, including allowing inspections by DITC officials and submitting necessary reports.
