Advertisement
Categories: BusinessNewsPakistan

Maryam Nawaz Inaugurates Solarization of Agricultural Tube Wells

Advertisement

Punjab Chief Minister Maryam Nawaz has launched a project to solarize agricultural tube wells, aiming to reduce farmers’ costs and boost productivity.

At the project’s inauguration, she conducted a draw, with Muhammad Nawaz from Attock emerging as the first selected farmer. In the initial phase, 8,000 tube wells will be converted to solar energy through a lottery system. Farmers are expected to save over Rs10,000 per day and Rs325,000 per month from reduced energy costs.

The Punjab government will subsidize solar systems, offering Rs0.5 million for 10-kW, Rs0.75 million for 15-kW, and Rs1 million for 20-kW setups. Farmers will choose vendors in their districts to install the systems.

Out of 530,000 applicants, 385,000 were deemed eligible for the draw. The first phase aims to be completed by June, with 87% of diesel-powered and 13% of electric-powered tube wells transitioning to solar.

Maryam Nawaz termed the initiative a “revolution in farming,” highlighting its role in cutting crop production costs. She emphasized that projects like Kisan Card, Agricultural Mechanization, and Agri Internship will further benefit farmers.

Advertisement
Amir Shahzad

Amir Shahzad is a experienced journalist with exceptional leadership skills. Graduated from University of Peshawar, he pitched number of acclaimed stories in the national news channels. At present, serving as senior reporter in a reputed news channel of Pakistan, Amir deliver a vast array of in-depth and informative news packages on country's most strenuous part Khyber Pakhtunkhwa (KPK) bordering Afghanistan. He loves reading and travelling.

Recent Posts

Meezan Bank Continues Blood Donation Drive in Partnership with The Indus Hospital

Meezan Bank, Pakistan's premier Islamic bank, once again partnered with The Indus Hospital & Health…

37 minutes ago

Mobilink Bank and Yango Partner to Provide Shariah-Compliant Financing for Drivers in Pakistan

Pakistan’s leading digital microfinance bank, Mobilink Bank, and Yango, part of the global technology company…

3 weeks ago

Pakistani Freelancers’ Earnings Expected to reached $2.5 B in the Current Fiscal Year

Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…

3 weeks ago

Spotify Celebrates Atif Aslam’s Subah Aye Na with Fans and Artists in Karachi

To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…

3 weeks ago

Supernet Technologies set to raise 915 million to strengthen its working capital for growing projects!

KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…

3 weeks ago

NEVO Is Next: Master Changan Continues Bringing Changan’s Global House of Brands to Pakistan

Master Changan Motors Limited (MCML), Pakistan’s No.1 new entrant and leading Chinese automotive brand, is…

4 weeks ago