LARGE SCALE ENERGY AND DATA STORAGE

Large Scale Energy and Data Storage

Key Sector Highlights

  • Haryana’s strong IT Ecosystem, thriving demand base, surplus availability of power and locational advantage in North India makes it uniquely equipped to be at the forefront of Data Centre industry development.
  • Draft Data Center Policy in formulation
  • The presence of existing Automotive ecosystem will complement Large battery manufacturers.
  • Three districts of Haryana i.e. Gurugram, Faridabad and Karnal are being developed as Smart Cities, which will trigger the demand of EV in these cities.
  • Japanese multinational electronic company TDK Corporation owned Amperex Technology Limited (ATL) is looping to setup a large manufacturing facility at IMT Sohna for Battery Manfucturing

Key Sector Incentives

INCENTIVE DETAILS
SGST Subsidy Upto 100% of net SGST Reimbursement for upto 10 Years
Employment Generation Subsidy Subsidy upto INR 48,000/- per year per employee for 7 years
Interest Subsidy 6% on term loan for upto 7 years upto INR 20 Lakh
Stamp Duty Refund Upto 100% refund of stamp duty
EDC Charges Upto 100% reimbursement of External Development Charges
Electricity Duty Exemption 100% Exemption from payment of Electricity duty for upto 20 years

Investment Opportunities

  • Setting up Large Data center units within the States
  • Setting up Battery Manufacturing/ Energy Storage Plant in Haryana
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