Delhi Govt. notifies Medical Oxygen Production Promotion Policy of Delhi, 2021; allows 100% reimbursement of SGST
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- Last Updated on 25 August, 2021
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Notification No. DCI/PC/2021/321/1225 Dated August 19th, 2021
The Govt. of National Capital Territory of Delhi has approved the Medical Oxygen Production Promotion Policy of Delhi, 2021. This policy has been introduced with an aim to make Delhi self-reliant in production of Medical Oxygen to meet with any such crisis/medical emergency in future.
The objective of the Medical Oxygen Production Promotion Policy of Delhi 2021 is to ensure time bound fulfilment of the targets such as to set up liquid oxygen (LOX) manufacturing facilities, non-captive & captive oxygen generation plants etc. In order to fulfill these objectives, several incentives would be provided for early investment in the production/storage infrastructure for medical oxygen. The incentives for Liquid Oxygen (LOX) manufacturing plants/non-captive oxygen generation plants includes capital subsidy on cost of plant and machinery up to Rs 20 lakhs per MT of installed capacity, 100% reimbursement of stamp duty and gross SGST within a month of Commissioning of the plant, Power subsidy of Rs 4 per unit consumed in the manufacturing process shall be made available for the first five years from the Date of commencement of Commercial Production etc.
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