Govt Launches PM Fan Replacement Program 2025
The recently introduced government plan in Pakistan known as PM Fan Replacement Program will assist the people in saving their electricity by replacing their old fans. It is intended that old fans which are about 88 million would be changed to access energy efficient DC fans consuming less electricity. These fans will be sold out to individuals at a subsidized rate of Rs 1,500 and they can settle the amount in little monthly instalments through electricity payments.
It is a program that is being initiated with the assistance of NEECA, banks among other government departments. It will start at the end of July 2025 and will assist in decreasing the power load in summer as well as lowering electricity bills of the families.
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Main Features of the PM Fan Replacement Program
It is through a special program known as the PM Fan Replacement Program that the people will be able to consume less electric power and acquire the fans that are better and at a very reasonable price. The principal characteristics of this program are the following:
Program Overview
Feature | Details |
---|---|
Fan Replacement Goal | 88 million old fans to be replaced |
Fan Type | Energy-efficient DC (Direct Current) fans |
Fan Price | Rs. 1,500 per fan |
Payment Method | Monthly installments through electricity bills |
Total Installed Fans (2025) | 147 million (program covers 60%) |
Expected Energy Savings | 6,000 to 7,000 MW |
Program Duration | 10-year subsidized scheme |
Launch Date (Phase 1) | End of July 2025 |
The State bank of Pakistan is sponsoring this program, assisted by the Punjab technology investment board, Power Information Technology Company and NEECA. The banks will advance loans to the customers and the government will ensure a 10 percent risk guarantee that it makes it safe to the banks.
It is expected that these new fans will reduce electricity bills, lessen the consumption of additional energy in the summer as well as assist the government to save the amount of money being used to produce additional energy.
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How to Get Fans – Process for Consumers
The process of getting a fan in the PM Fan Replacement Program has been made very easy in order to enable every normal family to get a fan. The government is operating in a system that is not too complicated in which people are not required to pay complete money all at the same time. They can instead acquire the fan and pay their electric bill on a monthly basis in small instalments.
Steps to Obtain the Energy-Saving Fan:
- Registration (Coming Soon): These consumers will be required to enroll with the electricity company or a formal platform (which will be announced shortly).
- Check Eligibility: The system will also determine whether the individual qualifies to receive the fan (this will be the majority of users of electricity within the country that have functional electricity meters).
- Fan Selection: Authorized clients will be supplied with a DC fan, which is more energy saving and functions more properly even under low power.
- Loan and installments: The bank will provide loan amount of Rs 1,500 and the loan will be included in the electricity bill in small instalments.
- Fan Delivery: Upon its approval, the fans will be distributed or availed at such pick-up points.
The Islamic Financing Model:
The government is leveraging On-Bill Islamic Financing and hence not a single interest is levied as it is in the case of regular loans. The money is repayed in a Shariah compliant manner at the rate of KIBOR+ 2% and the government provides a first-loss coverage of 10 percent to safeguard the banks against any default.
Also read: Ehsaas Apna Ghar Loan Scheme KPK 2025 – Apply Online for Interest-Free Home Loans
The importance of this Program in Pakistan
The PM Fan Replacement Program is not a fan-switching program, but also an electricity consumption change program in the country. The power problems in Pakistan include power outages, power bills and additional loads during summers. It is an intelligent move to resolve all these issues in a unified program.
National Importance of the Program
Energy Saving:
The country will be able to save 6,000 to 7,000 megawatts of electricity by replacing the old fans. That is near the amount of electricity consumed by most large cities combined.
Minimizes Load shedding:
The less the consumption of the electricity, the less the power shortage. Thus, individuals will experience less blackout particularly during hot weather.
Reduces Electricity Bill:
Energy efficient fans consume up to 60 percent less energy and this saves families on electricity bills monthly.
Helps the Economy:
The program will also minimize the import of fuel and additional payments of power plants.
Promotes Green Thinking:
It helps individuals to be wise in using energy and change to using eco-friendly appliances.
This program also promotes financial inclusion as it encourages poor and middle-income families to improve to better fans. It brings to the masses the modern and energy saving technology that is not limited to the rich.
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Who Is Behind the Program – Key Departments Involved
A widespread collaboration of numerous crucial departments and organizations is conducted to make the PM fan replacement program successful. Very different teams are working between the planning and delivery to see that people can have the cheap and energy saving fans.
Departments and Organizations Involved:
Department / Institution | Program Role |
---|---|
Finance Ministry | General direction and oversight |
NEECA (National Energy Efficiency & Conservation Authority) | Primary organization engaged in implementation of the program |
Ministry of Power | Organizes the electricity firms and technical systems |
State Bank of Pakistan (SBP) | Assistance in the banking and loan policies |
Pakistan Banks Association | Makes sure that banks lend people loans easily |
Punjab Technology Investment Board | Offers IT support and implementation software |
Power Information Technology Company | Helps to combine banking and billing structures |
Such collaboration is possible to provide the opportunity to track each fan, conduct payment based on the electricity bill and make sure the system is established in all cities and provinces. All these bodies are operating under the guidance of Finance Minister Muhammad Aurangzeb who has ordered that the program has to commence before the end of July in 2025.
Expected Impact – How Will This Help Citizens?
The PM Fan Replacement Program will target millions of households in Pakistan and in cities, towns and villages where the use of the old fans consume excess power. By using this program, individuals will be in a position to receive cool air, reduced bills, and comfort, all at the same time, contributing to the energy savings of the country.
The benefits of this program to the people are as follows:
- Less Energy Consumption: The new DC fans consume reduced levels of energy. This implies that there will be a reduction in the monthly electricity bills, which will save money to families.
- Improved Fan Performance: The fans are low noise and long lasting and perform better at low voltage.
- No Down Payment Required: Individuals do not require to pay the whole money. They will be able to pay at an instalment basis using their usual electricity bills.
- It is Affordable to Everyone: The fan costs just Rs 1,500, and it is available in easy installments, making it affordable even to those families with low-income.
- Consistent Summer Cooling: The fans require less power and therefore there is less load on the national grid which means that fewer load shedding will occur during hot weather
. Summarily, it is not simply a fan program, but a relief program to every household, smothered with high expenses and energy issues.
Also read: PSER Online Registration 2025 – Apply Now for Govt Aid in Punjab
Frequently Asked Questions (FAQs)
Conclusion- A Clever Munch towards a Cooler, Greener Pakistan
The PM Fan Replacement Program is a small, yet effective concept. The fact that the government is replacing its old power-thirsty fans with new and energy saving types means that people can save money and electricity simultaneously. It is not all a hoax, it is a step towards the green, cool and stable Pakistan. Even poor and middle-class families can afford to upgrade their houses because payments are easy, the banks sustain them, and no full-cost has to be paid immediately.
As the number of people enrolled into the program increases, the country will experience reduced stress on electricity, reduced blackouts and saving both on the part of the government and the people. With load shedding being a huge issue and with power prices going up, this program is immensely hopeful. It is also a prudent step towards a better future-of families, economy and of the environment.