2025
Madhya Pradesh Tourism Policy
Unlock Growth Opportunities with robust infrastructure, investor-friendly policies, and a thriving industrial ecosystem, MP offers a strategic gateway for businesses across diverse sectors.
Introduction to the Scheme & How Sharda Associates Helps You
Introduction
Madhya Pradesh is emerging as a leader in renewable energy with the launch of the Madhya Pradesh Pumped Hydro Storage (PHS) Project Scheme. This scheme aims to harness the state’s rich hydro resources to create large-scale energy storage capacity, supporting the integration of renewable energy into the grid and ensuring stable power supply.
At Sharda Associates, we offer comprehensive consultancy services for businesses and developers looking to establish or expand pumped hydro storage projects under this policy. Our expert team provides end-to-end support, including project feasibility analysis, financial planning, subsidy consultation, land acquisition, licensing, and operational support to ensure your project is successful and profitable.
Narendra Modi
Prime Minister India​
Dr. Mohan Yadav
Chief Minister Madhya Pradesh
Key Incentives and Government Benefits:
Benefits
The policy offers substantial incentives for companies setting up logistics and warehousing units in Madhya Pradesh. Below are the major benefits:
1. Electricity Duty Exemption
- 100% exemption for 10 years from the date of commissioning.
2. Stamp Duty Reimbursement
- 65% reimbursement on stamp duty for private land purchases.
3. Wheeling Charges Waiver
- 50% waiver on wheeling charges for 5 years; no charges for supply to MPPMCL.
4. Government Land Subsidy
- Land available at 35% of guideline rate for Mode-III projects.
3. Wheeling Charges Waiver
- 50% waiver on wheeling charges for 5 years; no charges for supply to MPPMCL.
4. Transport & Freight Assistance
- Land available at 35% of guideline rate for Mode-III projects.
5. Registration & Facilitation Fee Exemption
- 20% exemption on registration and facilitation fees.
6. Rehabilitation & Resettlement Support
- Financial assistance for land acquisition and resettlement.
7. Carbon Credits
- Developers can claim carbon credits for reducing emissions.
8. Tax Benefits
- Exemption from energy development cess for 10 years.
7. Carbon Credits
- Developers can claim carbon credits for reducing emissions.
8. Tax Benefits
- Exemption from energy development cess for 10 years.
How Sharda Associates Simplifies Your Investment Journey
Journey
How Sharda Associates Simplifies Your Investment Journey
Journey
Eligible Investors & Investment Opportunities
The policy is open to domestic and international investors, focusing on:
• Renewable Energy Companies
Restructuring
Why Partner with Sharda Associates?
We are not just consultants; we are your strategic partners. Our team of seasoned Chartered Accountants and financial experts ensures that your investment aligns with the best opportunities Madhya Pradesh has to offer. We bring clarity to complex policies and help you maximize your benefits under state incentives.
Investment Opportunities:
Investment
- On-River and Off-River PHS Projects
- Hybrid Renewable Energy (Solar + PHS) Projects
- Captive PHS Projects for Industrial Use
- Power Exchange-Linked PHS Projects
- PPP-Based PHS Projects
Key Highlights of the Policy
Highlights
- State’s Hydro Potential: Madhya Pradesh has an estimated on-river hydro potential of 7 GW.
- Modes of Project Development:
- Mode-I: Allotment to CPSUs and State PSUs on a nomination basis.
- Mode-II: Projects developed for power exchange or captive consumption.
- Mode-III: Projects developed for power procurement by MPPMCL through competitive bidding.
- Mode-IV: Self-identified off-stream projects.
- Right of First Refusal: MPPMCL has the right to purchase up to 100% of the capacity under Mode-I and 50% under Mode-IV.
- Single-Window Clearance: Fast-track approvals and simplified procedures.
- Green Energy Push: Priority for projects that use renewable sources for input power.
- Flexible Tariff Models: Tolling tariff and composite tariff models available.