Tripura power & interest

1. Micro, small, medium or large enterprise starting commercial production in Tripura from 1 Apr 2022 to 31 Mar 2027 (private, cooperative, SHG, joint sector, State-owned companies)
2. Incentives Eligibility Certificate from GM, DIC: industrial licence/LoI/IEM/SIA number or Udyam Registration acknowledgment; required clearances for licensable items; unit in commercial production
3. Not in Annexure-I negative list (e.g. most services except hotels ₹10 cr+, diagnostic centres ₹1 cr, tourism activities ₹3 cr+, hospitals ₹3 cr+ with 25 beds, mechanised tea blending; conventional bricks/stone chips; electricity distribution; huller rice mills; fertiliser/vermicompost mixing; wood furniture other than rubber wood or mechanised ₹40 lakh+; saw mills outside notified rubber-wood areas; tobacco; pan masala; carry bags <20 micron; refinery products; alcoholic beverages; mere packing/labelling)
4. Units already in production before 1 Apr 2022 stay under TIIPIS 2017
5. Amount reduced by any incentive received under a GoI or NEC scheme for the same purpose (clause 6.4)
6. Cash payments not counted; no subsidy to units defaulting to Government agencies/FIs; unit must be in operation
7. No default on power dues to TSECL
8. No overdue interest to banks/FIs

Power

• units above 20 HP connected load billed/provided 'power charges @ ₹5.00 per unit' without ceiling (TSECL raises bills at ₹5/unit per guidelines)
• up to 20 HP - 25% of power charges paid, max ₹15 lakh/yr (thrust ₹25 lakh/yr)

• Both for first 5 years and a further 5 years if unit keeps operating
• Interest: 4% of term-loan interest for 5 years, max ₹5 lakh/yr; thrust sector 5%, max ₹12 lakh/yr

Power applies irrespective of location

1. Interest claims annually for a complete financial year, within one year

• Power: Incentives Eligibility Certificate, TSECL power sanction letter (first claim), electricity bills and payment receipts
• Interest: Incentives Eligibility Certificate, term-loan sanction letter (first claim), bank/FI certificate of interest paid (Annex-I)