Bank Loans with low interest rates to purchase Solar Panels

“Solar electricity for all government buildings” – Ranjith Siyambalapitiya, Minister of Power and Renewable energy.

We must be thankful for the budget proposals-2017 for the recognition of the program “Battle for Solar energy” conduct by the ministry of power and renewable energy.Our intention of this program is to establish one million solar power stations on roofs. To motivate the general public to join this program, we expected to give a concession to the interest rate to the loans granted to purchase solar panels. Accordingly, Rs.1500 Millions has been allocated from the budget for that purpose.
Also the budget has proposed to fix solar panels on government buildings and Rs.350 Millions had been allocated for that as an initiative.

Specially, we must be thankful for the budget-2017 for the support rendered towards the ministry of power and renewable energy to deliver a national need with responsibility.