The Punjab Education Endowment Fund (PEF) has introduced the School Solar Loan Scheme 2024 for Punjab schools to install solar power systems, aiming to enhance renewable energy usage and cut down on electricity costs. Eligible schools can receive loans covering 80% of solar installation expenses at a 5% annual interest rate, to be repaid over 5 years after a 6-month post-installation grace period. Applications are online through the PEF website until April 30, 2024, with the loan paid directly to installers. Schools need government registration, an NOC, a minimum of 100 students, and a building of at least 1,000 sq ft. This initiative encourages sustainable energy practices.
Recommended Dates For PEF School Solar Loan 2024
| Department | Punjab Education Fundation |
| Type | Solar Panel Loan |
| Registration Start Date | 14th February 2024 |
| Last Date Submission | 30th April 2024 |
| Registration Online | Click Here |
| Posted By | Study.com.pk |
PEF School Solar Panel Loan Apply Online 2024 Registration
To apply for a solar panel loan for PEF School in 2024, please visit our official website and navigate to the ‘Green Initiatives’ section. Click on the ‘Solar Panel Loan Application’ link to access the online form. Complete all required fields with accurate information, including school details, contact information, and the proposed solar project specifics. Additionally, prepare to upload necessary documentation such as financial statements and project proposals. Once submitted, our team will review your application and reach out with the next steps. Help PEF School take a leap towards sustainability by applying for a solar panel loan today!
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PEF School Solar Panel Loan 2024 Registration Online
The Punjab Education Endowment Fund (PEF) introduces the School Solar Panel Loan 2024 initiative to encourage renewable energy adoption in schools, aiming to ease their electricity expenses. Open to government and private schools in Punjab with 100+ students and at least 1000 sq. ft. building area, the scheme requires a valid NOC from the power distribution company. Schools can apply via the PEF website, providing basic details like name, contact, and student count. This initiative simplifies the application process, fostering easy access to solar panel loans for eligible schools.
PEF School Solar Panel Loan Apply Online 2024 Registration
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.
