The Bank of Punjab (BOP) has launched a revolutionary initiative, the BOP Solar Panel Scheme 2024, under the visionary leadership of Chief Minister Maryam Nawaz. This initiative aims to provide free and subsidized solar panels to the residents of Punjab, significantly reducing their electricity bills and promoting sustainable energy.
Key Details of the Scheme
Starting from August 14, the Punjab government will begin distributing solar panels to eligible households. The scheme is designed to benefit those who use up to 500 units of electricity per month, with specific provisions based on usage:
- Free Solar Panels: Households consuming up to 200 units of electricity per month will receive solar panels at no cost.
- Subsidized Solar Panels: Those using between 200 and 500 units monthly can obtain solar panels at just 10% of the total cost, with the remaining 90% subsidized by the government.
Payments for the subsidized panels will be interest-free and spread over five years, making it an affordable and practical solution for many families.
Eligibility Criteria
To apply for the Punjab Roshan Gharana Scheme, applicants must meet the following criteria:
- Must be a resident of Punjab.
- Possess a valid ID card.
- Own the property or have permission from the property owner to install solar panels.
Benefits of the Scheme
The Punjab Roshan Gharana Scheme aims to cut electricity bills by up to 40%, providing significant financial relief during these challenging times. Chief Minister Maryam Nawaz has emphasized the importance of this initiative in easing the public’s financial burdens and promoting sustainable living.
In the upcoming fiscal year’s budget, the Punjab government has allocated special funds to support and implement solar systems. The proposed Chief Minister’s Roshan Gharana Programme has been budgeted at Rs9.5 billion, underscoring the government’s commitment to renewable energy and sustainable development.
How to Register
Residents of Punjab who meet the eligibility criteria can register for the BOP Solar Panel Scheme 2024 online through the Bank of Punjab’s official website. Ensure you have all necessary documents ready, including your ID card and proof of property ownership or permission from the property owner.
Don’t miss this opportunity to reduce your electricity bills and contribute to a greener future. Register today and be a part of Punjab’s solar revolution!
 has launched a revolutionary initiative, the BOP Solar Panel Scheme 2024, under the visionary leadership of Chief Minister Maryam Nawaz. This initiative aims to provide free and subsidized solar panels to the residents of Punjab, significantly reducing their electricity bills and promoting sustainable energy.){kind=link}