Investment20 Mar 2026, 06:11 pm
Fujiyama Power Systems to Receive Rs. 8.21 Crores Incentive from UP Government
AI Summary
Fujiyama Power Systems Ltd has entered into an agreement with UP Electronic Corporation Limited for incentive disbursement aggregating to approximately Rs. 8.21 Crores under the UP Electronic Manufacturing Policy, 2020 (1st Amendment-2022). The incentives, subject to certain terms and conditions, include Capital Subsidy, Interest Subsidy, Stamp Duty Reimbursement, and Lease Rental Reimbursement. These incentives are for the Phase–I implementation at the Company’s Dadri Plant, Uttar Pradesh.
Key Highlights
- Fujiyama Power Systems Ltd to receive Rs. 8.21 Crores incentive from UP Government
- Incentives under UP Electronic Manufacturing Policy, 2020 (1st Amendment-2022)
- Incentives include Capital Subsidy, Interest Subsidy, Stamp Duty Reimbursement, and Lease Rental Reimbursement
- Incentives for Phase–I implementation at the Company’s Dadri Plant, Uttar Pradesh
- Subject to terms and conditions stipulated in the approval letter issued by UPLC