Capital Investment subsidy scheme for construction/expansion/ modernization of cold storage and storage for Horticulture Produce.

Capital Investment subsidy scheme for construction/expansion/ modernization of cold storage and storage for Horticulture Produce.

a) Components Credit linked projects relating to Cold Storage including Controlled Atmosphere (CA) and their modernization are eligible for assistance under this component. subsidy for cold storage scheme for expansion of cold storage

Infrastructure/Activity and Crops eligible:

 a. Assistance for setting up of new Cold Storage infrastructure will be available only to Multi-Chamber cold Storage units with technologies which are energy efficient with provision of thermal insulation, humidity controlled, advance cooling systems, automation, etc, having specification and standards approved by the Ministry.

 To ensure, compliance of notified standards, all projects will be subjected to technical scrutiny by NHB empaneled Technical appraisal agency.

b. In case of CA Stores, projects of temperate fruit crops located in production areas for which to NHB protocols are available, are only are allowed.

 c) Capacity and Pattern of Assistance: – The assistance will be given as subsidy @ 35% of the capital cost of project in general areas and 50% in case of NE, Hilly States & Scheduled Areas for a storage capacity above 5000 MT up to 10000 MT. In case of North East states, projects with a capacity of 1000 MT or above are also eligible for application and consideration.

d) Calculation of Capacity for subsidy:- For calculation of capacity, 3.4 cubic meters (cum.) (120 cubic feet (cft.) of chamber volume shall be considered equivalent to 1 MT storage capacity.

 Cost Norms:

Description Cost Norms
Cold storage units Type 1 – basic mezzanine structure with large chamber (of > 250 MT) type with single temperature zone • @ Rs. 8000/ MT for capacity upto 5000 MT. • @ Rs. 7600/ MT for capacity between 5001 to 6500 MT. • @ Rs. 7200/MT for capacity between 6501 to 8000 MT. • @ Rs. 6800/MT for capacity between 8001 to 10000 MT
Cold storage units Type 2 – Pre Engineering Building (PEB) Type for multiple temperature and product use , more than 6 chambers of @ Rs.10000/ MT for capacity upto 5000 MT. • @ Rs. 9500/ MT for capacity between 5001 to 6500 MT. • @ Rs. 9000/MT for capacity between 6501 to 8000 MT. • @ Rs. 8500/MT for capacity between 8001 to 10000 MT
Cold Storage Units Type 2 with add on technology for Controlled Atmosphere. CA stores are considered only in production areas for crops / commodities having NHB technical standards Additional Rs. 10,000/MT for add on components of controlled atmosphere technology as per component wise co
Technology induction and modernization of cold chain @ Rs. 5000/MT, for capacity between 5001 to 10000 MT. • Components of modernization includes PLC equipment, packaging lines, dock levelers, advanced graders, alternate technologies, stacking system, modernization of insulation and refrigeration etc

note

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, CA generator, solar panels – NCCD shall publish guidelines for use by appraising agency

Tags: No tags

Add a Comment

Your email address will not be published. Required fields are marked *