Sindh to introduce interest-free loans for solar installation

The Government of Sindh has announced to provide interest-free loans to the middle class, who are willing to install solar systems.

The move will encourage masses to shift towards sustainable and clean energy.

The announcement was made by Sindh Energy Minister Syed Nasir Hussain Shah during a presser at his residence.

During his address, he acknowledged issues faced by masses and highlighted the government’s efforts to alleviate these problems through the budget,

He announced measures to ensure the supply of clean water across Sindh.

Moreover, Nasir Hussain Shah highlighted that over 200,000 houses in the province still lack electricity. And to tackle the issue, he said that initially, very poor households will receive solar systems capable of powering a fan and three bulbs.

Apart from that, for those who wish to install solar systems independently, the government is introducing an interest-free loan scheme, he announced.

The interest on these loans will be covered by the Sindh government. Additionally, Shah revealed plans to construct two grid stations in every district of Sindh to further improve the region’s energy infrastructure.