Rajasthan EFCI Renewable Plant Incentive 2024
By Department of Industries and Commerce, Government of Rajasthan
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Quick Answer
Manufacturing enterprises in Rajasthan can include 51% of their captive renewable power plant investment in their EFCI to qualify for Asset Creation Incentives under the Rajasthan Investment Promotion Scheme 2024.
About this subsidy
The 'Inclusion of Captive Renewable Power Plant Investment in EFCI' is a key incentive under the Rajasthan Investment Promotion Scheme 2024. This initiative aims to encourage manufacturing enterprises within Rajasthan to adopt sustainable energy practices by investing in their own captive renewable power generation facilities. By allowing eligible manufacturing enterprises to include 51% of their investment in these captive renewable power plants into their Enterprise Fixed Capital Investment (EFCI), the scheme directly enhances their eligibility for significant Asset Creation Incentives. This policy reflects the Government of Rajasthan's commitment to fostering a green industrial ecosystem and promoting self-sufficiency in energy for its manufacturing sector. The incentive is designed to reduce the financial burden associated with green investments, making it more attractive for businesses to switch to renewable energy sources.
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 & Commerce Department is a Government of Rajasthan department based in Jaipur. It runs the Vishwakarma Yuva Udyami Protsahan Yojana, a continuous subsidy for enterprises owned by young entrepreneurs, and it sets out further MSME subsidies and incentives in the…
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What You Get
Beneficiaries can include 51% of their investment in captive renewable power plants within their Enterprise Fixed Capital Investment (EFCI). This inclusion directly translates into eligibility for Asset Creation Incentives, with the specific benefit amount determined by the enterprise's respective investment slabs as defined under the Rajasthan Investment Promotion Scheme 2024. The incentive acts as a financial boost, effectively subsidizing a portion of the investment made towards sustainable energy infrastructure. While direct cash amounts are not fixed, the mechanism ensures a substantial financial advantage for eligible enterprises.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
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 purpose of this incentive?
This incentive aims to promote investment in captive renewable power plants by manufacturing enterprises in Rajasthan, encouraging sustainable energy adoption and self-sufficiency.
Who is eligible to claim this incentive?
Eligible Manufacturing Enterprises that are investing in captive renewable power plants within the state of Rajasthan are eligible.
How does the incentive work financially?
Eligible enterprises can include 51% of their investment in captive renewable power plants into their Enterprise Fixed Capital Investment (EFCI), which then makes them eligible for an Asset Creation Incentive based on predefined slabs.
Is there a specific application form for this particular incentive?
This incentive is part of the broader Rajasthan Investment Promotion Scheme 2024. Applicants should follow the application process for the overall scheme, ensuring they provide documentation related to their captive renewable power plant investment as specified in the policy document.
What kind of companies can benefit from this?
The scheme targets various legal forms of manufacturing enterprises, including Private Limited Companies, LLPs, OPCs, Partnerships, and Proprietorships, provided they meet the 'eligible manufacturing enterprise' criteria under the scheme.
Where can I find the official policy document for more details?
The official policy document, 14514.pdf, for the Rajasthan Investment Promotion Scheme 2024 is available on the Rajasthan Finance Department website. A direct link is provided in the program documents section.
Sources
Data on this page is compiled from official program and provider references.
