E-MAIL FOR SPONSORSHIP

Indore Municipal Corporation to Raise ₹2.45 Billion Through Green Bonds

The bond proceeds will be used to fund a 60 MW solar project

February 6, 2023

/ B.S. Nagaraj
/ Finance and M&A, Solar,
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


In probably a first for an urban local body, the Indore Municipal Corporation is floating a green bond on February 10, 2023, to raise ₹2.45 billion (~$29.5 million ) for a 60 MW ground-mounted captive solar photovoltaic project in Khargone district in Madhya Pradesh.

Continue Reading with Premium Access

Get unlimited access to in-depth analysis, exclusive interviews, and comprehensive coverage of India's renewable energy sector.

✓Unlimited article access
✓Exclusive market insights
✓Premium research reports
✓Ad-free reading experience
Loading subscription plans...

Already a subscriber? Sign In

thumbnail

B.S. Nagaraj

More articles from B.S. Nagaraj.
Green BondsIndoreMunicipalSolarSovereign
PREVALL POSTSNEXT

Comments

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS