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 district 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 looing 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
Foreign Cooperation Department is responsible for the Haryana’s diplomacy, forging bilateral and multilateral ties at the international level, and assisting Haryanvi diaspora spread across the globe. The department has the mandate to promote Haryana as the most preferred destination for foreign investments in India, to advance Haryanvi culture, and to increase the welfare of the Haryanvi diaspora by furthering their interests through diplomacy, advocacy, and assistance. The Department strives to enhance the socio-economic welfare of the State and its people by establishing the State as a hub for industries, education, skill development, and tourism.
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