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West Bengal Incentive Scheme for Approved Industrial Park (SAIP) for MSMEs: Incentive for Setting up a Power Sub Station

Entrepreneurship
Incentives
Incentives
MSMEs
Non-Fiscal Incentives
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Frequently Asked Questions
The scheme “Incentive for Setting up a Power Sub Station” is a sub scheme under the “West Bengal Incentive Scheme for Approved Industrial Park (SAIP) for MSMEs”. It was launched on 16th September, 2020, by the Department of Micro, Small & Medium Enterprises and Textiles, Government of West Bengal, shall remain in force up to 5 years.
Objective of the "West Bengal Incentive Scheme for Approved Industrial Park (SAIP) for MSMEs”:
The objective of the Scheme is to provide state support in the form of fiscal and non fiscal incentives in order to encourage private sector to set up industrial parks on their own land with quality infrastructure so as to catalyze and promote growth of MSME units in the state, boost employment generation, and lead to technology advancement and improved environmental compliance.
Objective of the "Incentive for Setting up a Power Sub Station" Sub-scheme:
Through this incentive, power substations catering to the Approved Industrial Park (AIP), for which the requirement is justified and approved, shall be set up by the concerned State Government agency free of cost. Suitable land for setting up the substation shall be provided by the SPV without cost.
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