Exciting news! Chief Minister of Punjab, Maryam Nawaz, has launched the Punjab Solar Scheme, aiming to provide 50,000 solar systems across the province. The main objective of this scheme is to alleviate households from electricity bills and promote the generation of free electricity. This initiative comes in response to the high cost of electricity in Pakistan, targeting poor, low-income, and small-scale businesses.
Key Details of the Scheme:
- Budget Allocation: CM Maryam Nawaz has allocated a budget of 12.6 billion rupees for the project.
- Phased Distribution: Initially, 100 units will be distributed to 50,000 customers in convenient installments.
- Subsidized Rates: The scheme fixes the rates of solar panel systems in Punjab, particularly benefiting small businesses. These systems will provide stable electricity for five years, potentially reducing electricity costs.
- Expansion Plan: The scheme is slated to expand to the entire nation after its implementation in Punjab.
Also Read: Government Announces 50 Lakh Loan for Every Farmer through Nawaz Sharif Kisan Card
Registration Process:
The registration process for the Punjab Solar Scheme is designed to be straightforward:
- Visit Bank of Punjab: Head to your nearest Bank of Punjab branch to initiate the registration process.
- Fill out the Registration Form: Complete the registration form with all your details, including your monthly electricity usage.
- Application Processing: Once your application is submitted, it will be processed, and you’ll receive a confirmation message.
- Installation: A representative will visit your home to gather additional information, following which your solar system will be installed.
Who Can Apply:
- Individuals conducting small-scale businesses with limited monthly income can easily apply for this program.
- More detailed information and application procedures will be provided by the Pakistani government soon.
Also Read: Registration Process for CM Bike Scheme Now Open
Don’t miss out on this opportunity to benefit from the Punjab Solar Scheme! Stay tuned for further updates and ensure you and your family members take advantage of this initiative to qualify and receive the loan for solar panels.