PEF School Solar Panel Scheme 2024 was launched today, 14 February 2024.The Punjab Education Endowment Fund (PEF) has announced a new project known as the School Solar Loan Scheme 2024. This program aims to assist Punjab schools in installing solar power systems in order to encourage renewable energy use and lower electricity expenses.
Eligible schools can get loans that pay up to 80% of their solar installation costs. The loan has a 5% annual interest rate for 5 years, with a 6-month grace period following installation before payments begins.
PEF Solar Panel Scheme Apply Online 2024
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Parameter |
Details |
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Announcement Date |
14 February 2024 |
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Application Deadline |
April 30, 2024 |
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Program Start Date |
14 February 2024 |
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Location |
Punjab |
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PEF Solar Program |
PEF Solar Panel Loan 2024 Registration Online
To promote the use of renewable energy in schools, the Punjab Education Endowment Fund (PEF) has launched a new program named “School Solar Panel Loan 2024.” Through the installation of solar panels, this project seeks to assist schools in lowering their electrical costs. Punjabi government and private schools may participate in this program provided they have a minimum of 100 students enrolled and a building area of at least 1000 square feet. Schools need to have a valid NOC from the electricity distribution company in order to take part in this program. By submitting a basic application on the PEF website, which requests name, contact information, and student count, qualified schools can apply for this program.
PEF School Solar Panel Scheme 2024
The publication date of the PEF School Solar Panel Scheme 2024 is set for February 14, 2024.The PEF website is the place to apply, and submissions can be made there through April 30, 2024. The installers will receive payment for the loan directly. Schools must meet certain requirements in order to be eligible, including government registration, a No Objection Certificate (NOC), a minimum of 100 students, and a minimum of 1,000 square feet of building space. One excellent strategy to promote the usage of sustainable energy techniques in schools is through this program.
How to Apply PEF School Solar Panel Loan 2024
- Visit the PEF website.
- Locate the section related to the School Solar Panel Loan 2024 scheme.
- Click on the “Apply Now” or “Registration” button.
- Complete the online application form with required details.
- Provide information such as school name, contact details, student count, building size, and the relevant electricity distribution company’s No Objection Certificate (NOC).
- Review all provided information for accuracy.
- Electronically submit the application form through the website.
- Await confirmation or further instructions from PEF regarding application status.