Pimpri‑Chinchwad Becomes Maharashtra’s First Civic Body to List Green Municipal Bonds on BSE

Mitigation of Climate Change
June | 2025

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Pimpri‑Chinchwad Municipal Corporation has become the first civic body in Maharashtra and India to list €19.91 million green municipal bonds on the Bombay Stock Exchange. The issue, oversubscribed 5.13 times within minutes, funds sustainable mobility projects like Harit Setu and Telco Road enhancements, reflecting strong investor faith in urban green finance.