Solar Grant

The Solar Water Heater was launched in 2008, with a view to reduce the consumption of fossil fuel and to put more emphasis on the use of renewable energy. The Government under the supervision of the “Maurice Ile Durable Fund” decided to give a grant amounting to Rs10, 000 as subsidy to each household irrespective of their background, for the purchase of solar water heater. The Development Bank of Mauritius was entrusted with the responsibility to provide full support to the public in this project as far as applications and processing of grants are concerned and acted as an agent of the Maurice Ile Durable Fund

As at date the Bank has disbursed Rs 767.15M in favour of 78793 households