Electricity Duty Exemption for MSMEs & Large Enterprises in Haryana

The Haryana Enterprises and Employment Policy (HEEP), 2020 has introduced several incentives to boost industrial growth and attract investment. One of the key benefits under this policy is the Electricity Duty Exemption, which helps businesses reduce their operational costs and enhance profitability.

What is Electricity Duty Exemption?

Electricity Duty Exemption is a financial relief provided to industries in Haryana to lower the cost of power consumption. The policy offers 75% to 100% exemption on electricity duty for a period ranging from 5 to 20 years, depending on the size and location of the business.

Who Can Avail This Benefit?

The exemption is available for:
✅ Micro, Small & Medium Enterprises (MSMEs)
✅ Large Enterprises & Mega Projects
✅ Startups
✅ Businesses engaged in Import Substitution

How Does This Benefit Businesses?

1️⃣ Cost Reduction – Lowers power expenses, improving profit margins.
2️⃣ Encourages Industrial Growth – Makes Haryana a cost-effective destination for industries.
3️⃣ Long-Term Relief – Up to 20 years of exemption, ensuring sustained benefits.
4️⃣ Boosts Competitiveness – Helps local industries compete with businesses in other states.

How to Apply?

Businesses can apply for Electricity Duty Exemption through the Haryana Government’s Invest Haryana portal or relevant industrial departments. The process involves:
✔ Filing an online application
✔ Providing necessary documents
✔ Approval from authorities

Conclusion :

If you are planning to set up an MSME or a large enterprise in Haryana, Electricity Duty Exemption can be a game-changer for your business. By leveraging this incentive, businesses can achieve significant cost savings and long-term financial sustainability.