Andhra Pradesh Integrated Clean Energy Policy, 2024
The Andhra Pradesh Integrated Clean Energy Policy, 2024 aims to position the state as a clean energy and manufacturing hub by targeting over 160 GW of renewable capacity. It offers extensive incentives including 20% to 25% capital subsidies on fixed capital investments, 100% net SGST reimbursements, power tariff subsidies of INR 1.00 per unit, and complete electricity duty exemptions for clean energy generation and manufacturing units.
Key Summary
- Ministry / Authority
- Energy (Power-II) Department, Government of Andhra Pradesh
- Incentive Type
- Composite state package (capital subsidy + SGST reimbursement + power tariff subsidy + land concessions)
- Incentive Rate
- Capital subsidy 20%-25% of FCI (5 yrs); 100% net SGST reimbursement (5 yrs); Power tariff subsidy of INR 1.00/unit (5-10 yrs); 100% electricity duty reimbursement (5-10 yrs); 100% stamp duty reimbursement for BESS mfg
- Min. Investment
- ₹50 L
- Application Deadline
- Open
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