Power Subsidy Scheme
By Department of Information Technology, Government of Goa
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Quick Answer
Goa IT units get a 20% subsidy on power bills, up to ₹5 lakh per annum, for 3 years.
About this subsidy
Goa's Department of Information Technology pays IT units a 20% subsidy on power bills, up to ₹5 lakh per annum, for 3 years. It covers new and existing IT units operating in Goa. The scheme was launched in 2018 as part of Goa's IT Policy.
The subsidy is calculated on power charges only, excluding duties and taxes. It starts from the date of operation or policy notification, whichever is later. Bank accounts of the unit or its partners or directors must be linked to Aadhaar.
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
The Government of Goa's information technology department runs a family of incentive schemes for IT and ITES businesses that operate in the state. The schemes cover hiring freshers, office space and rent, power and internet bills, capital investment, patents, quality…
Learn moreBenefits & Funding
- Amount
- Up to ₹5L
What You Get
The scheme provides a substantial 20% subsidy on power bills for eligible IT Units, with an annual cap of ₹5,00,000 per unit. This benefit is applicable for a period of 3 years, commencing from the date of operation or policy notification, whichever is later. The subsidy is calculated on the power charges only, excluding duties and taxes, ensuring that the financial support directly offsets energy costs. This significant financial incentive helps IT companies in Goa reduce their operational overheads, enhance their competitiveness, and encourages continued investment and expansion within the state. It acts as a key component of the state's regulatory support for the burgeoning IT sector.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
The application process begins with the receipt of the incentive application (D). Following submission, the application undergoes a thorough scrutiny as per a predefined checklist within 30 days (D+30 days). Subsequently, the Empowered Committee reviews and approves the application, a process typically completed within 60 days of receipt (D+60 days). Upon approval, regret letters or sanction orders are issued, and the disbursement of the subsidy occurs within 90 days from the initial application receipt (D+90 days). This structured process ensures timely evaluation and delivery of benefits.
Application Process
- 1
Register
Register on the Goa Online portal by verifying email and mobile, then creating an account.
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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 is the Power Subsidy Scheme?
The Power Subsidy Scheme, launched in 2018 under Goa's IT Policy by the Department of Information Technology, Government of Goa, aims to provide financial relief to eligible Information Technology Units by subsidizing their power consumption charges.
Who is eligible for this scheme?
Both new and existing IT units with operations in Goa are eligible. Applicants must be registered as a Proprietorship Firm, Private Limited Company (including Public Limited), Registered Partnership Firm, or Limited Liability Partnership. Additionally, bank accounts of the unit and its key personnel must be linked to Aadhaar.
What is the maximum subsidy I can receive?
The scheme offers a 20% subsidy on power charges, specifically on power consumption excluding duties and taxes. This subsidy is capped at a maximum of ₹5,00,000 per annum per eligible unit.
For how long is the subsidy provided?
The subsidy is provided for a period of 3 years. This period starts from the date of commencement of operations of the IT unit or from the date of notification of this policy, whichever occurs later.
How do I apply for the scheme?
Applications for the Power Subsidy Scheme are submitted online through the Goa Online portal. After registration and login, applicants need to navigate to the 'IT Services' section to access and fill out the scheme's specific application form, uploading all necessary documents.
When can I apply for the subsidy?
Applicants can apply for this scheme on a quarterly, bi-annual, or annual basis, typically after incurring the relevant power expenditure for which they are seeking a rebate. This allows for flexible application submission based on operational cycles.
News
- Delhi govt makes Aadhaar mandatory for consumers to avail benefits of power subsidy schemeindiatvnews.com · 2 weeks ago
Source: Google News aggregated
