Which of these is true under RIPS 2024 regarding Data Centers and the Sunrise…
2025
Which of these is true under RIPS 2024 regarding Data Centers and the Sunrise Booster in Rajasthan?
- A.
Any Data Center project, irrespective of size or number of units, is eligible for a 25% Sunrise Booster over the chosen Asset Creation Incentive.
- B.
Only the first 3 units of Data Centers of minimum capacity 10 MW are eligible for a 25% Sunrise Booster.
- C.
Data Centers do not qualify as a Sunrise Sector under RIPS 2024.
- D.
Only Data Center units with capacity exceeding 50 MW get the Sunrise Booster under RIPS 2024.
- E.
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Correct answer: B
What is the "Sunrise Booster"?
The Sunrise Booster is a special feature of RIPS 2024 designed to provide extra financial weight to sectors that are considered futuristic or high-growth (like Green Hydrogen, Electric Vehicles, and Data Centers).
How it works:
Base Incentive: An investor chooses an incentive path (usually the Asset Creation Incentive).
The Boost: If the industry falls under the "Sunrise" category, they get an additional percentage (in this case, 25%) added to their base benefits.
The Goal: This makes Rajasthan more competitive compared to other states for high-tech investments.