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The Punjab Education Endowment Fund (PEF) has recently launched the School Solar Loan Scheme 2024 for schools in Punjab. The scheme aims to promote the use of renewable energy and reduce electricity costs by enabling schools to install solar power systems. Under this scheme, eligible schools can avail loans covering 80% of the expenses for solar installation at a competitive annual interest rate of 5%. The repayment period is set at 5 years, with a 6-month grace period after installation.
PEF School Solar Panel Loan 2024 Apply online
To apply for the loan, schools can submit their applications online through the PEF website until April 30, 2024. Once approved, the loan amount will be disbursed directly to the solar installers. In order to be eligible for the scheme, schools must be registered with the government, possess a No Objection Certificate (NOC), have a minimum of 100 students, and have a building covering at least 1,000 square feet.
BOP PEF School Solar Panel Loan 2024 Registration
We are excited to announce the registration for the BOP PEF School Solar Panel Loan 2024. This initiative aims to provide schools with the opportunity to install solar panels and embrace sustainable energy practices. By registering for this loan, schools can take a significant step towards reducing their carbon footprint and contributing to a cleaner environment. The solar panel loan will be available for schools that meet the eligibility criteria and demonstrate a commitment to utilizing renewable energy sources. We believe that this initiative will not only benefit the environment but also serve as an educational opportunity for students to learn about the importance of sustainable energy.
BOP PEF School Solar Panel Loan 2024 Apply Online Last Date
PEF School Solar Panel Loan 2024 Registration Online
The Punjab Education Endowment Fund (PEF) has launched the School Solar Panel Loan 2024 initiative to promote the use of renewable energy in schools. This initiative is aimed at helping schools reduce their electricity expenses. The scheme is open to both government and private schools in Punjab that have 100 or more students and a building area of at least 1000 sq. ft. Schools applying for the loan must also have a valid NOC from the power distribution company. Interested schools can apply for the solar panel loan through the PEF website by providing basic details such as name, contact information, and student count.
The eligibility criteria for the PEF School Solar Panel Loan 2024 include:
- School Type: Both government and private schools in Punjab are eligible.
- Student Count: Schools must have a minimum of 100 students.
- Building Size: The school building must cover at least 1000 square feet.
- NOC Requirement: Schools must possess a valid No Objection Certificate (NOC) from the relevant electricity distribution company.
- Location: The scheme is specifically available for schools located in Punjab.
- Application Process: Schools can register online through the PEF website, providing basic information such as school name, contact details, and student count.
How to Apply PEF School Solar Panel Loan 2024
- Visit the Punjab Education Endowment Fund (PEF) website.
- Look for the section related to the School Solar Panel Loan 2024 scheme.
- Click on the “Apply Now” or “Registration” button.
- Fill out the online application form with the required details.
- 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).
- Double-check all the information provided to ensure accuracy.
- Submit the application form electronically through the website.
- Await confirmation or further instructions from the PEF regarding your application status.
