The Punjab government has unveiled a budget for the fiscal year 2024-25, which includes a significant initiative to provide free solar systems to low electricity consumers.
This move aims to alleviate the burden of high electricity costs and bills for the province's residents.
According to the budget document, this initiative, called the “Roshan Gharana Program”, is set to alleviate the financial burden of high electricity costs and bills on the province's residents.
The program, with a budget allocation of Rs 9.5 billion, will offer complete solar systems at no charge to domestic users who consume up to 100 units of electricity in the first phase. The Punjab government will cover all associated costs.
Additionally, the budget outlines the Chief Minister's Solarization of Agriculture Tube Wells Program, which will receive Rs 9 billion in funding. This program aims to convert 7,000 agricultural tube wells to solar power, providing significant support to the agricultural sector.
The fiscal year 2024-25 budget was presented today in the Punjab Assembly. During his budget speech, the Finance Minister highlighted that the total budget volume is Rs 5,446 billion, with an estimated total income of Rs 4,643.4 billion. The budget proposes Rs 842 billion for development expenditure, and 77 new mega projects will be included in the annual development plan.
