Solar Water Heater Project: Providing A Borrowing Plan With Low-Interest Rate

Subsidies on solar water heaters have been on great demand. A great number of Mauritians had queued up for the registration procedures. Now, the government has announced that it will propose a borrowing plan with a low-interest rate for all Mauritians all around the year.

Solar-Water-Heater

The government intends to have more households equipped with a solar water heater. Currently, around 70,000 families have taken to this method. Of them, 58,000 obtained subsidies from the government.

The project will be supported by the French Development Agency (Agence Française de Développement, AFD) .

Those who have registered under the last campaign for subsidies will be asked to go to the development bank as from the 3rd of August. They will obtain a certificate that will allow them to opt for one of the devices at their supplier. After the setting up of the heater at the client, the supplier will be able to have his cash voucher at the bank.

According to the Project Coordinator, Vincent Chan How, only around 17,000 of the 28,000 subscribers will be considered at first. The rest will have to wait for a couple of months more.

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