PEF School Solar Panel Scheme 2024 is announced on today 14 February 2024.The Punjab Education Endowment Fund (PEF) has launched a new initiative called the School Solar Loan Scheme 2024. This scheme is designed to help schools in Punjab install solar power systems to promote renewable energy usage and reduce electricity costs. Eligible schools can get loans covering 80% of their solar installation expenses. The loan carries an annual interest rate of 5% for 5 years, with a 6-month grace period after installation before repayment starts.
PEF School Solar Panel Scheme 2024
PEF School Solar Panel Scheme 2024 is schedule to released on 14 February 2024.Applications are online through the PEF website and will be accepted until April 30, 2024. The loan will be paid directly to the installers. In order to be eligible, schools must be registered with the government, have a No Objection Certificate (NOC), at least 100 students, and a building that is at least 1,000 square feet. This initiative is a great way to encourage the use of sustainable energy practices in schools.
PEF Solar Panel Scheme Apply Online 2024
| Title | Solar Panel Scheme |
| Program Start Date | 14 February 2024 |
| Last Date to Apply | 30 April 2024 |
| Location | Punjab |
| PEF Solar Program | Apply Online |
PEF Solar Panel Loan 2024 Registration Online
The Punjab Education Endowment Fund (PEF) has announced a new initiative called ‘School Solar Panel Loan 2024’ to encourage the adoption of renewable energy in schools. This initiative aims to help schools to reduce their electricity expenses by installing solar panels. This scheme is available for both government and private schools in Punjab, as long as they have a building area of at least 1000 sq. ft. and have a minimum of 100 students. To participate in this scheme, schools must possess a valid NOC from the power distribution company. Eligible schools can apply for this program through the PEF website by providing basic details like name, contact information, and student count. This initiative simplifies the application process and fosters easy access to solar panel loans for eligible schools.
How to Apply PEF School Solar Panel Loan 2024
1. Visit the PEF website.
2. Look for the section related to the School Solar Panel Loan 2024 scheme.
3. Click on the “Apply Now” or “Registration” button.
4. Fill out the online application form with the required details.
5. Provide information such as the school’s name, contact details, student count, building size, and the relevant electricity distribution company’s No Objection Certificate (NOC).
6. Double-check all the information provided to ensure accuracy.
7. Submit the application form electronically through the website.
8. Await confirmation or further instructions from the PEF regarding your application status.
