INDUSTRIAL UPS SYSTEM ACQUISITION SCHEME
Dear-Businessman/Investors,
In Series of KIP: Business and Subsidy Update, today we are going to share with benefits of i.e., Industrial UPS System Acquisition Scheme” Department of Industries & Commerce, Government of Haryana.
Objective:
In order to provide support to MSEs for minimizing the loss of production time, inconsistency in quality and reduction in efficiency due to sudden power outages, Hon’ble Chief Minister of Haryana announced in his Budget Speech 2023-2024 that MSEs of the State shall be provided financial assistance on the capital expenditure incurred on purchase of Industrial Uninterruptible Power Supply (UPS) System. This will enable these MSES to achieve uninterrupted production and seamless service while also minimizing electricity consumption and in-turn boost their productivity as well as quality.
Quantum of Assistance:
A financial assistance for maximum amount up to INR 20 lakhs will be provided by way of reimbursement of cost of Industrial Uninterruptible Power Supply (UPS) System incurred by Micro and Small Enterprises (MSEs) having connected load of up to 100 kVA, as per following details:
Enterprise Category | Expenses to be Reimbursed | Maximum Assistance |
Micro | 60% of cost of Industrial UPS system | INR 20 Lakh |
Small | 50% of cost of Industrial UPS system |
The cost capping for different Industrial Uninterruptible Power Supply (UPS) systems is given as below:
(i) INR 12,000 per KVA for conventional lead acid (VRLA) based Industrial UPS System.
(ii) INR 36,000 per KVA for Lithium battery based Industrial UPS System.
Note: The financial assistance under the scheme will be granted based on the cost of Industrial UPS with a maximum backup time of 01 hour. If the backup time of Industrial UPS acquired extends beyond 01 hour, the assistance will be determined based on the proportionate cost of a UPS having 01 hour backup capacity.
Eligible Entities:
Under this scheme incentives can avail by an entity/organisation such as Proprietary, Partnership, Pvt. Ltd. Company, Public Ltd., LLP (Limited Liability Partnership) and Co-operative society etc.
Eligibility:
All Micro and Small Industrial Units operating in the State of Haryana and having connected load of upto 100 kVA, shall be provided financial support by way of reimbursement of capital expenditure incurred in purchase of Industrial UPS System having load of upto 100 kVA. The eligible industrial units shall also comply with the following conditions:
- The capacity of the industrial UPS to be acquired/ installed should not exceed the total connected load of the unit. No subsidy shall be admissible (whether proportionate or full amount), in case capacity of industrial UPS acquired/installed exceeds the total connected load of the unit. The Industrial UPS System for which reimbursement is being claimed, should be operational.
- The Industrial UPS System to be acquired/ installed should be new and should be purchased from authorized dealer/manufacturer (OEM). No subsidy shall be admissible on purchase of second-hand Industrial UPS. The manufacturer of the acquired Industrial UPS System should comply with BIS/EN/IEC/IEEE Safety Standards, as applicable.
- The Industrial UPS to be acquired should have a minimum warranty period of 02 years.
- The battery of the Industrial UPS to be acquired should have a minimum guaranteed shelf life as given below: Valve Regulated Lead Acid Battery-02 years. · Lithium-ion battery-05 years.
- The acquisition of multiple industrial UPS Systems will not be entertained under the scheme. The unit shall be entitled for reimbursement against one Industrial UPS System only.
- The auxiliary costs viz Transportation, Installation/Civil Works, GST etc. shall be excluded while processing the claim application.
- The unit can avail the benefits of the scheme only once during the operative period of the Scheme.
Applicability:
This policy will be valid for a period of 05 years from the date of notification of this policy or the date of any new policy/amendment, introduced by the Government of Haryana, whichever is earlier.
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