Rajasthan EFCI Renewable Plant Incentive 2024
Department of Industries and Commerce, Government of Rajasthan · Central government
Rajasthan manufacturers may count 51% of captive renewable plant investment in EFCI for Asset Creation Incentives under RIPS 2024.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Not specified
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
Under the Rajasthan Investment Promotion Scheme 2024, manufacturing enterprises in Rajasthan can count 51% of their investment in captive renewable power plants towards their Enterprise Fixed Capital Investment (EFCI). This inclusion raises the Asset Creation Incentive these enterprises may claim.
The provision is intended to support manufacturing units in Rajasthan that build their own captive renewable power generation capacity. By folding part of that spend into EFCI, the scheme lowers the cost burden of green investment and improves the case for shifting to renewable energy.
The measure forms part of the Government of Rajasthan's push for a greener industrial base and greater energy self-sufficiency in the manufacturing sector.
Who can apply
- Eligible business forms
- Private limited company, Limited liability partnership, One person company, Partnership firm, Sole proprietorship
- Udyam registration
- Not specified
- MSME registration
- Not specified
- DPIIT startup recognition
- Not specified
- GST registration
- Not specified
- Where the business may be based
- Rajasthan
- Eligible Manufacturing Enterprises may apply. - Investment must be made in captive renewable power plants located within Rajasthan. - For the Asset Creation Incentive, 51% of this investment must be included in the Enterprise Fixed Capital Investment (EFCI).
How to apply
- Manufacturing units that put money into captive renewable power plants need to submit their application under the wider Rajasthan Investment Promotion Scheme 2024 in order to claim benefits. - The full procedure for applying — together with the documents and forms that must be furnished — is set out in the official policy document linked above. - Details concerning the claim to have renewable power plant investment counted within EFCI, and the Asset Creation Incentive that follows, form part of the usual application submission made for the scheme's incentives. - For exact instructions governing this incentive, applicants ought to consult Section 3.1.3.3.1.2 of the policy document.
Frequently asked questions
What is the purpose of this incentive?
Rajasthan offers this incentive to manufacturing enterprises that invest in captive renewable power plants, with the aim of promoting sustainable energy use and self-sufficiency.
Who is eligible to claim this incentive?
Manufacturing enterprises in Rajasthan that qualify and put money into captive renewable power plants can apply.
How does the incentive work financially?
Enterprises that meet the eligibility criteria may count 51% of their investment in captive renewable power plants towards their Enterprise Fixed Capital Investment (EFCI). This inclusion qualifies them for an Asset Creation Incentive, which is granted according to predefined slabs.
Is there a specific application form for this particular incentive?
The incentive falls under the Rajasthan Investment Promotion Scheme 2024, so applicants must apply through that scheme's process and submit the documentation for their captive renewable power plant investment as set out in the policy document.
What kind of companies can benefit from this?
Manufacturing enterprises of several legal forms can apply — Private Limited Companies, LLPs, OPCs, Partnerships and Proprietorships — as long as they satisfy the scheme's 'eligible manufacturing enterprise' criteria.
Where can I find the official policy document for more details?
The Rajasthan Investment Promotion Scheme 2024 policy document, 14514.pdf, can be found on the Rajasthan Finance Department website, with a direct link listed under the programme documents section.
Sectors
- Manufacturing Industrial
- Renewable Energy
- Manufacturing
- Investment Incentive
- Rajasthan Government
Details last verified on 18 September 2026. Source: the issuer's published information.