Rajasthan RE Conversion Charge Exemption & Reimbursement
Department of Industries and Commerce, Government of Rajasthan · Central government
Rajasthan Investment Promotion Scheme 2024 funds new renewable energy generation units in Rajasthan with a 75% exemption and 25% reimbursement on conversion charges.
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, this programme extends relief on conversion charges to Renewable Energy Generation Units set up and operated in Rajasthan. The concession lowers a significant upfront cost for such units.
The measure is intended to draw investment into renewable energy projects within the state, support employment, and advance sustainable development. It forms part of the Government of Rajasthan's efforts to widen clean energy adoption and meet its renewable energy targets, which in turn feed into India's wider climate commitments.
New entrants and expanding businesses in the sector benefit through reduced initial operating costs, improving project viability and speeding up deployment. Solar, wind, biomass and other emerging clean energy technologies fall within the scheme's scope.
For Rajasthan, which carries substantial renewable energy potential, the policy serves as a means of attracting both domestic and international investors.
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
- New Renewable Energy Generation Units qualify.
How to apply
Applications for this incentive must be filed within the wider framework of the Rajasthan Investment Promotion Scheme 2024. New Renewable Energy Generation Units that wish to apply should locate the relevant application portal or the designated authority under the Government of Rajasthan — in most cases the Department of Industries or the Bureau of Investment Promotion (BIP). The process generally requires the submission of a detailed project proposal, incorporation documents, land records and particulars of the renewable energy generation unit. Applicants are also likely to be asked for evidence establishing their status as a 'New Renewable Energy Generation Unit' as defined under the scheme. Once filed, the application first undergoes scrutiny to confirm that it is complete and that the general eligibility criteria are met. A detailed assessment of the project's viability and its consistency with the scheme's objectives ordinarily follows.
How applications are assessed
Under the Rajasthan Investment Promotion Scheme 2024, applications first go before the relevant departmental committee, which checks them for completeness and basic eligibility. Projects that clear this screening are taken up for a fuller technical and financial appraisal, covering conformity with renewable energy standards, financial viability, and the economic impact the project could have in Rajasthan.
A high-level committee or board constituted under RIPS 2024 ordinarily takes the final call, which keeps the process transparent and tied to the state's investment promotion objectives. Once approval is granted, the exemption is disbursed and the reimbursement follows.
Frequently asked questions
What is a 'New Renewable Energy Generation Unit'?
The policy text does not define the term outright, but it generally covers any newly set up or substantially expanded facility that generates electricity or thermal energy from renewable sources such as solar, wind, biomass or hydro, typically within a timeframe laid down under the wider RIPS 2024 guidelines.
Is there a maximum limit to the conversion charge exemption and reimbursement?
The policy covers the entire conversion charge through a 75% exemption and a 25% reimbursement. No monetary cap is stated, so the full charge, as determined by state regulations for the specific land parcel, is covered.
Can existing renewable energy units claim this benefit?
The term "New Renewable Energy Generation Units" indicates that the benefit is aimed mainly at newly set-up units, or at substantial expansions that qualify as new projects under the scheme. Existing units are generally not eligible unless their expansion itself constitutes a new unit.
What documents are typically required for the application?
Under the Rajasthan Investment Promotion Scheme 2024, applicants typically need to provide a detailed project report, land ownership documents, the entity's incorporation certificate, particulars of the proposed renewable energy technology, financial projections, and any other forms or declarations the scheme requires.
How long does it take to process the application and receive the benefit?
The policy document sets out no timeline. How long processing takes varies with the completeness of the application, the complexity of the project, and the administrative procedures of the government departments involved under the Rajasthan Investment Promotion Scheme.
Is this incentive open to all types of businesses?
Any legal entity setting up a New Renewable Energy Generation Unit — private limited company, LLP, partnership or proprietorship — may apply, subject to meeting the criteria laid down in the Rajasthan Investment Promotion Scheme 2024.
Sectors
- Climate Energy Ev
- Renewable Energy
- Subsidy
- Rajasthan
- Energy Units
- Conversion Charge
Details last verified on 16 September 2026. Source: the issuer's published information.