Department of Industries and Commerce, Government of Rajasthan
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RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises

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Quick answer

A 100% waiver or reimbursement of banking, wheeling and transmission charges for captive power plants, offered to Regional and Sectoral Anchor Service Enterprises under Rajasthan's RIPS 2024.

Funding amount
Varies by program
Funding type
Subsidy
Provider
Department of Industries and Commerce, Government of Rajasthan (Government)
Application deadline
Rolling
Eligible stage
Any stage
Location
Open to startups registered in India

Overview

The Banking, Wheeling and Transmission Charges Waiver sits inside the Rajasthan Investment Promotion Scheme (RIPS) 2024, a state policy run by the Department of Industries and Commerce, Government of Rajasthan, to draw investment into the state.

This particular incentive is aimed at a narrow but important group: Regional Anchors and Sectoral Anchors classified as Service Enterprises. For these businesses, energy infrastructure costs are a recurring drag, and the scheme responds by relieving the charges that come with running their own captive power generation.

Qualifying enterprises receive a 100% waiver or reimbursement of the wheeling, banking and transmission charges attached to their captive power plant. The relief is structured as a subsidy rather than a grant or an equity investment, so an enterprise gives up no ownership in return.

Two conditions define the benefit. The power generated must be consumed by the enterprise itself, with no third-party sale permitted. And the benefit stays aligned with the disbursal period of whichever Asset Creation Incentive the applicant has separately chosen, so the energy support and the asset support run together.

For a service-sector anchor, the outcome is a lower energy bill, a more self-sufficient power arrangement, and a stronger competitive position in Rajasthan's service economy.

Highlights

  • 100% waiver or reimbursement of banking, wheeling and transmission charges for captive power plants.
  • Open to Regional Anchors and Sectoral Anchors operating as Service Enterprises in Rajasthan.
  • Captive consumption only — the generated power cannot be sold to a third party.
  • A ceiling of 200% applies on the captive power plant size.
  • Benefit tenure matches the disbursal period of the chosen Asset Creation Incentive.
  • Rolling window — the claim is filed as part of the main RIPS 2024 incentive application.

Who can apply

Who can apply: Regional Anchors and Sectoral Anchors that operate as Service Enterprises in Rajasthan under RIPS 2024. The claim is tied to a captive power plant, so the applicant must be running or setting one up.

  • Anchor status — the applicant has to be recognised as a Regional Anchor or a Sectoral Anchor.
  • Enterprise type — the benefit is written for Service Enterprises.
  • Captive use only — the electricity produced must be consumed by the enterprise itself; selling it to a third party is not allowed.
  • Plant size — a ceiling of 200% applies to the captive power plant size for which the waiver or reimbursement can be claimed.
  • Linked incentive — the tenure of this benefit follows the disbursal period of the applicant's Asset Creation Incentive, which is assessed alongside the claim.

RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises is open to startups at any stage. It is open to startups registered anywhere in India.

Eligible stage
Any stage
Location
Open to startups registered in India

Deadline & timing

RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

What the funding covers

The reward is a 100% waiver or reimbursement of the banking, wheeling and transmission charges an enterprise pays on its captive power plant. The entire charge outgo is covered, not a fraction of it.

  • Full coverage — every rupee of the applicable banking, wheeling and transmission charge is waived or reimbursed.
  • Captive plants only — the relief attaches to captive power generation, not to power purchased or traded openly.
  • Captive consumption is mandatory — the energy is for the enterprise's own use and cannot be sold to third parties.
  • Tenure linked to another incentive — the benefit runs for the disbursal period of the Asset Creation Incentive the applicant opts for.
  • Operational relief — as a subsidy on charges, it trims running costs and supports an energy-self-sufficient setup.

About the provider

RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises is offered by Department of Industries and Commerce, Government of Rajasthan, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India.

How to apply

Applications are submitted on the . Confirm the current deadline and document checklist there before you start.

Selection process

Claims are examined by the relevant government department, or by a committee constituted for the purpose under RIPS 2024. The scrutiny is technical as well as documentary.

  • Anchor status check — the applicant's standing as a Regional Anchor or Sectoral Anchor is verified first.
  • Technical evaluation — the specifications of the captive power plant and the details of how it operates are reviewed.
  • Consumption verification — the department confirms that the generated energy goes only towards captive consumption and that no third-party sale is involved.
  • Linked assessment — eligibility for the corresponding Asset Creation Incentive is evaluated in parallel, because its disbursal period determines how long this waiver or reimbursement continues.

Documents you’ll need

Before you apply to RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises, keep the following documents ready:

  • A pitch deck or short business plan describing the problem, product and traction
  • Company registration documents and PAN
  • Founder identification (PAN / Aadhaar) and brief profiles
  • Recent financial statements or projections
  • Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

Frequently asked questions

Which enterprises can claim this waiver?

Only Regional Anchors and Sectoral Anchors that are classified as Service Enterprises and are investing in Rajasthan under RIPS 2024. The claim is tied to a captive power plant, so the applicant must be operating or setting up one.

How much funding does this incentive give?

The scheme does not publish a fixed rupee figure. It covers the charges themselves — a 100% waiver or reimbursement of the banking, wheeling and transmission charges on the captive power plant. Since the value depends on the charges the plant actually incurs, the amount varies from one applicant to another.

Does the government take equity or a stake in my company?

No. This is a subsidy delivered as a waiver or reimbursement of charges. It is neither a direct grant nor an equity investment, so no shareholding is surrendered in exchange for the benefit.

Can the power generated by the captive plant be sold to a third party?

No. The energy produced must be used solely for the enterprise's own consumption. Third-party sale of that energy is not permitted, and the department verifies this during its review of the claim.

Is there a size limit on the captive power plant?

Yes. The policy applies a ceiling of 200% on the captive power plant size for which the waiver or reimbursement can be claimed.

For how long does the waiver or reimbursement apply?

The tenure is not fixed independently. It corresponds to the disbursal period of the Asset Creation Incentive the applicant has chosen for the captive power plant, which is why eligibility for that linked incentive is assessed alongside this claim.

What documents and details are required?

Applicants are expected to furnish detailed plans for the captive power plant, evidence establishing that the plant's output is captive in nature, and proof of compliance with the policy provisions. The claim is not filed on its own — it is folded into the primary application for incentives under RIPS 2024.

Is there an application deadline?

No. The window is rolling and always open, so an eligible enterprise can apply as long as the scheme's conditions are satisfied.

How and where do I apply?

The claim goes in together with the main RIPS 2024 incentive application, submitted to the designated state authority — typically the Bureau of Investment Promotion or a similar nodal agency in Rajasthan. The state's investment portal at https://rajnivesh.rajasthan.gov.in/ is the entry point, after which the submission moves into a review stage covering the eligibility and operational guidelines.

Is DPIIT recognition required for RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises?

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises, though having it can strengthen your application and unlock other benefits.

Who is eligible to apply for RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises?

RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises is open to startups at any stage. It is open to startups registered anywhere in India.

Who offers RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises?

RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises is offered by Department of Industries and Commerce, Government of Rajasthan, a government body. It is provided as non-dilutive funding.

How do I apply for RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises?

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.

More funding from Department of Industries and Commerce, Government of Rajasthan

Department of Industries and Commerce, Government of Rajasthan runs 6 other programs listed on startupfunds — compare them before you decide where to apply.

Rajasthan Mandi Fee Reimbursement — 100% Subsidy for Logistics InfrastructureVariesA subsidy under the Rajasthan Investment Promotion Scheme 2024 that refunds 100% of mandi and market fees for 7 years to logistics infrastructure businesses operating in Rajasthan.RollingSubsidyRajasthan Stamp Duty Exemption — 75% Waiver for R&D Centres, GCCs & Test LabsVariesRIPS 2024 gives R&D centres, Global Capability Centres and Test labs setting up in Rajasthan a 75% stamp duty exemption plus reimbursement of the remaining 25%, with applications open on a rolling basis.RollingSubsidyRajasthan Electricity Duty Exemption — 100% Off for 7 Years Under RIPS 2024VariesEnterprises setting up R&D centres, Global Capability Centres or Test labs in Rajasthan get a full Electricity Duty waiver for seven years under RIPS 2024.RollingSubsidyRajasthan RE Storage Incentive — 75% Transmission & Wheeling WaiverVariesRajasthan waives 75% of transmission and wheeling charges for 7 years for renewable energy projects that integrate storage sized at 5% of their RE capacity.RollingSubsidyRajasthan RE Storage Incentive: 100% Transmission & Wheeling WaiverVariesA Rajasthan Investment Promotion Scheme 2024 incentive, listed as incentive 89, that waives transmission and wheeling charges in full for renewable energy projects whose battery storage capacity exceeds 30% of their RE capacity.RollingSubsidyRIPS 2024 Green Rating Consent Fee Waiver — 50% Off Pollution Board FeesVariesRajasthan's RIPS 2024 halves the Rajasthan State Pollution Control Board consent fee for industrial units covered by the Rajasthan Green Rating System.RollingSubsidy

Alternatives to RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises

Not sure RHIPS Banking & Wheeling Waiver for Rajasthan Anchor Service Enterprises is the right fit, or already applied? These are other subsidies open to Indian startups that founders shortlist alongside it.

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