TERMS AND CONDITIONS OF EAS SUBSIDY SANCTION

1. Subsidy is subject to prior approval of GEDA. Application to be submitted in prescribed form.
2. Any industry within the Gujarat will be eligible for availing subsidy under this scheme, provided the industry has not availed subsidy under any other government scheme.
3. Energy audits have to be conducted by GEDA authorized Energy Audit Consultants only.
4. The scope of the EA Study would be as approved by GEDA in its subsidy sanction. Any deviation in the specified scope of study will result in cancellation of the subsidy.
5. The work eligible for the EAS subsidy would include assessment of energy use in the industry, outline of cost-effective measures, scope of energy saving, estimates of investments for implementation of corrective measures suggested, payback periods and reporting of results of these activities.
   Other works, in particular tariff comparison and analysis, preparation of tender specifications and tender evaluation, detailed design work, work connected with implementation of measures and long-term consultancy work are not eligible for subsidy under the scheme.
6. The industry must forward the draft report to GEDA with its comments. A formal presentation of the report by the Energy Audit Consultant, in the premises of the industry should be arranged in the presence of GEDA official(s) and concerned executives from within the industry. Only after the presentation and discussion the report will be accepted.
7. Subsidy claim without a prior sanction of GEDA would not be entertained.
8. All payments, made by the industry, to the Consultant should be by cheque or DD only.
9. It is mandatory for the industry to implement EC measures so as to achieve atleast 20% of the financial saving projected in the Final Report.
10. The industry would be obliged to provide information and feedback to GEDA on the post-audit implementation done by the industry.
11. GEDA reserves the right to reject an application for EAS subsidy without giving reasons and to change the terms and conditions of the scheme and to terminate the scheme at any time.
12. The Energy Audit Report will be a confidential document with GEDA. However, GEDA reserves the right to use and publish data and information generated during the study, for dessemination to other similar industries. The industry has the option of not indicating its name on the Report. In such cases GEDA's sanction number & date must be mentioned on the Report.
13. If the study is not completed within the specified time limit, GEDA may decide to cancel the subsidy.
14. Terms of Payment of Subsidy

The subsidy amount will be directly released to the industry against submission of the Final Report. The industry shall submit the subsidy claim letter alongwith `Declaration' (Form II) and proof of payment released to the Energy Audit Consultant. The subsidy would be disbursed as follows:

• 50% against submission of the Final Report.
• 50% against submission of the post-audit feedback report, duly certified jointly by the industry and the Energy Audit Consultant.

For details contact:

Deputy Director
Gujarat Energy Development Agency
Suraj Plaza, Second Floor,
Sayajigunj, Vadodara - 390 005
GUJARAT