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Incentives Wizard

Odisha's Investment Promotion Resolution (IPR) 2022 offers a wide range of monetary incentives for investments in various sectors, which makes investment in the state highly attractive. This Incentive Wizard helps you estimate the tentative amount of incentive that your investment will get based on a few details about your proposed project in Odisha. Click on the button below to estimate your incentive eligibility:

Available Incentives

Land Incentives
  • Odisha Industrial Infrastructure Development Corporation (IDCO) will allocate development land parcels in industrial areas at concessional industrial rates.
  • Units in Priority and Thrust Sectors will be granted 100% exemption from payment of premium on land registration.
  • New Industrial Units in the Thrust Sectors, crating employment of more than 1000 state-domiciled people shall be eligible for land at 50% of the concessional industrial rate (except BDA and CDA region).
Stamp Duty Exemption
  • No Stamp Duty will be required to be paid in respect of land allocated by the Government, IDCO or Private Industrial Estate Developers to the Industrial Units.
Capital Incentive Subsidy
  • Priority Sector: 20% Capital Investment Subsidy on actual investment in Plant & Machinery (Excluding the cost of land and Building) without upper limit, disbursed over 5 years from the date of commencement of commercial production.
  • Thrust Sector: 30% Capital Investment Subsidy on actual investment in Plant & Machinery (Excluding the cost of land and Building) without upper limit, disbursed over 5 years from the date of commencement of commercial production.
Electricity Duty Exemption
  • New Industrial Units will be 100% exempt from Electricity Duty for 7 years in Priority Sector and 10 years in Thrust Sector respectively from the date of commencement of commercial production.
Power Tariff Reimbursement
  • New Industrial units shall be provided reimbursement of Power Tariff of Rs. 2/unit for a period of 7 years for Priority Sectors and 10 years for Thrust Sectors from the date of commencement of commercial production.
  • For Green Hydrogen and its derivatives manufacturing units, reimbursement of Power Tariff of Rs. 3/unit consumed and purchased from local DISCOMs/GRIDCO for 20 years from the date of commencement of commercial production.
Renewable Energy Benefits
  • 100% exemption/reimbursement on cross-subsidy surcharge or additional charges and state transmission charge on renewable energy procured from state-based renewable energy plants/GRIDCO for a period of 5 years for Priority Sectors and 7 years for Thrust Sectors from the date of procurement of renewable energy for commercial production in the state.
SGST Reimbursement
  • New industrial units in Priority and Thrust Sectors shall be eligible for reimbursement of 100% of net SGST paid, overall limited to 200% of the cost of plant and machinery, provided that the SGST reimbursement shall be applicable only to the net tax paid towards the state component of GST, after the adjustment of an input tax credit against the output tax liability.
  • For Biju Economic Corridor, the overall limit is 300% of the cost of plant and machinery.
Employment Subsidy
  • New industrial units shall be eligible for 100% reimbursement of the employer’s contribution towards ESP and EPF Scheme for a period of 5 years for Priority Sector and 7 years for Thrust Sector Units from the date of commencement of commercial production for skilled and semi-skilled state domicile workers.
Environment-Friendly Infrastructure Incentives
  • For new and existing industrial units in the Priority and Thrust Sectors, a subsidy of 25% of the investment in new plant and machinery and the cost of new technical civil works will be provided for the following green measures up to the maximum total limit of Rs. 10 Cr. per industrial unit: Green Buildings, Wastewater Treatment Facilities, Effluent Treatment Plant and Deep-Water Discharge Facility.
  • New and Existing Industries in Thrust and Priority Sectors practicing at least 50% Wastewater recovery through Aero Liquid Discharge (ZLD) by setting up of new facilities as certified by the Odisha State Pollution Control Board (OSPCB) shall be provided up to 50% Capital Subsidy on the cost of relevant equipment up to a maximum of Rs 10 Cr. per industrial unit.
Innovation and R&D
  • Eligible R&D investment in the identified Priority and Thrust Sectors would be eligible for 50% assistance on investments subject to a maximum of Rs. 10 Cr. to the academia, R&D institutions, as well as technical and scientific organization of repute, subject to Government approval.

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