Saturday, April 8, 2017

GOVERNMENT SUBSIDY ON COLD STORAGE TECHNOLOGY ADDING

Subsidy on Cold Storage Advancement through-Technology Adding-on

 (Subject to maximum of Rs. 5.00 crore for Cold storage equipment and Rs. 2.50 crore for Modernization)

Government subsidy on cold storage construction after August 2016.
Government has decided to give 50 percent capital subsidy for the construction of cold storage. Subsidy of Rs 2 crore will be given for the construction of cold storage with a capacity of 5,000 metric tonne.
Maximum permissible subsidy shall be subject to original invoices and in no case more than Rs. 7.50 crore, whichever is lower. For add-on technology, subsidy shall be provided as credit linked back ended at 35% of the capital cost.

Technology offers inherent value for operators and the admissible cost norms are designed to incentivize induction and not to serve as venture funding.
Any other components as maybe decided by Technical Committee when new technology or items that reduce carbon footprints are introduced. For individual unit components like insulation, graders, Cold storage generator, solar panels - NCCD shall publish guidelines for use by appraising agency.


Add-on Technology in Cold Storage:

I. Cold Storage Generator
( Inclusive of sensors, pressure equalising equipment,controls)
Cost will be Rs. 1.25 crore per unit or maximum 2 generators, which ever is low.

II. Specialised Cold Storage Doors
Add-on specialisation to storage doors for positive pressure  chambers. Rs. 2.5 lac per door, maximum or 20 doors.which ever is low.

III.  Cold Storage  Tents
 Low cost enclosure of polyethyelene PVC, mylar or other impermeable body As per original invoice, maximum 5 enclosures. which ever is low.

IV.  Programmed Logic Controller (PLC) equipment
 Electronic and electrical logic controls for machinery & equipment. 50% of cost as per original invoice, maximum Rs 10 lakh.which ever is low.

V. Dock Levelers#@ In existing or new storages Max Rs. 7 lakh per unit, max 5 units.which ever is low.



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