https://www.taxtmi.com/news?id=67093 Approval under the AP Industrial Development Policy 2024-29 authorises Websol's 8 GW integrated solar manufacturing project at MPSEZ Naidupeta with phased commissioning in July 2027 and July 2028, expected to create about 2,000 direct jobs. The state extends tailored incentives including allotment of 123.45 acres at a concessional rate, a 48.5% fixed capital investment subsidy capped at Rs 1,552.97 crore payable over ten years, power tariff reimbursement of Rs 1 per unit capped at Rs 202.36 crore for ten years, electricity duty exemption for ten years, 75% industrial water charge subsidy, and stamp duty exemption, together with land facilitation for captive solar power to support low cost operations. en-us Mon, 12 Jan 2026 13:01:04 +0530 Mon, 12 Jan 2026 13:01:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=67093 Approval under the AP Industrial Development Policy 2024-29 authorises Websol's 8 GW integrated solar manufacturing project at MPSEZ Naidupeta with phased commissioning in July 2027 and July 2028, expected to create about 2,000 direct jobs. The state extends tailored incentives including allotment of 123.45 acres at a concessional rate, a 48.5% fixed capital investment subsidy capped at Rs 1,552.97 crore payable over ten years, power tariff reimbursement of Rs 1 per unit capped at Rs 202.36 crore for ten years, electricity duty exemption for ten years, 75% industrial water charge subsidy, and stamp duty exemption, together with land facilitation for captive solar power to support low cost operations. News - Mon, 12 Jan 2026 13:01:04 +0530 https://www.taxtmi.com/news?id=67093