Rajasthan EFCI Renewable Plant Incentive 2024 — 51% for Manufacturers — Eligibility Criteria

Two things have to line up: the applicant must be an eligible manufacturing enterprise under the Rajasthan Investment Promotion Scheme 2024, and the money must go into a captive renewable power plant situated within Rajasthan.

• Manufacturing focus. The benefit is built around manufacturing units rather than service, trading or purely commercial businesses.
• In-state plant. The captive renewable power plant itself must be located in Rajasthan.
• How the claim is built. Eligibility for the Asset Creation Incentive flows from adding 51% of that plant investment to the enterprise's Enterprise Fixed Capital Investment (EFCI).
• Legal forms. Manufacturing enterprises can operate as Private Limited Companies, LLPs, OPCs, Partnerships or Proprietorships, provided they satisfy the 'eligible manufacturing enterprise' test under RIPS 2024.

The programme material available here does not lay down separate eligibility tests for this provision beyond the above. The defining requirements are manufacturing status plus captive renewable power investment inside the state.

Rajasthan EFCI Renewable Plant Incentive 2024 — 51% for Manufacturers is open to startups at any stage working in industrial goods. The programme is targeted at startups registered in Rajasthan. Applicants should be registered as private limited, llp and opc.