Accelerated Depreciation AD benefit of 90% is available with 80% that can be claimed in the first year of the installation to commercial and non commercial entities. It allows them to reduce their taxable profit in a given year.
Electricity Duty ED exemption is available for 10 years to the entities installing solar power plant for captive consumption.
Net Metering The state facilitates a net metering scheme on government, residential, industrial and commercial building, with the government buying the surplus amount of energy that the premise is producing.
Central Financial Assistance Capital subsidy of 15% is available for the institution and homeowners for installation for a solar power plant.
Investing in Green solar power, you show your concern to environmental consciousness and accountability. Customers, employees, and investors are more likely to work with organizations who adopt sustainable practices as part of their CSR responsibilities. Also, you are lowering your carbon footprint and helping combat global climate change and reducing our dependence on foreign energy and fossil fuels.
Sagar Pipaliya (Proprietor)
Foursun Solar Kesharkala, 4/11, 80 Feet Road Patel Nagar, Rajkot - 360002, Gujarat, India