Odisha Floating Solar Lease Scheme
By Industries Department, Government of Odisha
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Quick Answer
Long-term lease of water reservoir surface area at a total premium of ₹1 lakh/acre for industrial units setting up floating solar power plants in Odisha.
About this subsidy
Existing and new industrial units in Odisha that set up floating solar power plants get a long-term lease of water reservoir surface area at a total premium of ₹1 lakh per acre. The scheme is under the Industrial Policy Resolution 2022 of Odisha.
The plants go on water reservoirs. The lease gives you access to the water body surface, so you spend on technology and project implementation rather than land acquisition.
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 Industries Department of the Government of Odisha is the state department responsible for the all-round industrial development of Odisha. Its own description is that this generates employment, attracts investment and supports the state's economy. It works from Kharavel…
Learn moreBenefits & Funding
- Amount
- ₹1L+
What You Get
Beneficiaries receive a direct, long-term lease of water reservoir surface area for the installation of floating solar power plants. This crucial infrastructure is provided at a significantly subsidized total premium of ₹1 lakh per acre, making large-scale renewable energy projects more financially viable. The scheme offers a unique form of regulatory support by facilitating access to essential natural resources, thereby reducing initial capital outlay and operational costs for industrial units. This enables companies to invest more in technology and project implementation, rather than land acquisition. Additionally, the long-term nature of the lease provides stability and predictability for project planning and returns on investment, fostering a conducive environment for sustainable energy development.
- Disbursement
- Lump Sum
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
How to apply
Four steps from draft to disbursement — one action each.
- 1
Submit on the official portal
Use the official application link and verify all details before final submission.
- 2
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 primary benefit of this scheme?
The scheme offers a long-term lease of water reservoir surface area for establishing floating solar power plants at a highly subsidized premium of ₹1 lakh per acre, significantly reducing the cost of land acquisition.
Which entities are eligible to apply for this lease?
Both existing and new industrial units that intend to set up floating solar power plants are eligible to claim this incentive under the Odisha Industrial Policy Resolution 2022.
Is there any limit on the acreage that can be leased?
The policy document specifies the premium per acre (₹1 lakh/acre) but does not state an explicit maximum acreage. Specific project requirements and availability would be assessed during the application process.
What kind of industries can benefit from this?
This incentive is available to industrial units across Thrust, Priority, and All Other Sectors that are focused on renewable energy generation, specifically through floating solar power plants.
Is this a grant or a loan?
This is a subsidy in the form of a long-term lease provision at a reduced premium, not a direct grant or a repayable loan. The ₹1 lakh per acre is a premium for the lease.
Do I need a DPIIT Startup India recognition or MSME registration to apply?
The policy document specifies 'industrial units' as eligible. While not explicitly stated, general government schemes in Odisha often require compliance with local industrial regulations, but DPIIT or MSME registration are not explicitly mandated for this specific lease incentive based on the provided text.
Sources
Data on this page is compiled from official program and provider references.
