The subsidy, which runs into Rs 15,000 and Rs 30,000, is intended to promote the eco-friendly three-wheelers used by commmuters for short distances.
"The chief minister will distribute cheques of subsidy to the registered e-rickshaw owners at Indira Gandhi Stadium on Saturday," the official said.
In total, around 6,000 applicants will get the financial aid at the event, according to the government official, who did not wish to be named.
Last month, the transport department had notified making Aadhaar card details compulsory for those seeking subsidy on e-rickshaws registered in the city, in order to "prevent duplicacy" in grant of the financial assistance.
The Delhi government in its current financial year budget has earmarked Rs 1.06 crore for providing subsidy to e-rickshaw owners.
The Delhi government had in 2015 announced a subsidy of Rs 15,000 to owners of newly-purchased battery-operated e-rickshaw which are authorised and registered by the Transport Department.
An individual can claim subsidy only on one e-rickshaw.
On subsequent purchase by the same individual no subsidy is allowed.
The subsidy is given by Delhi Pollution Control Committee from the Air Ambience Fund.
The fund was created by levying 25 paisa per litre of diesel, with the objective of utilising the collect amount towards clean environment movement, including promotion of environment friendly vehicles or non-polluting vehicles in Delhi.