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Mumbai BMC Plans To Raise Up To ₹10,000 Crore Through Green Bonds Amid ₹2.34 Lakh Crore Liabilities

Mumbai BMC Plans To Raise Up To ₹10,000 Crore Through Green Bonds Amid ₹2.34 Lakh Crore Liabilities
Photo: Free Press Journal · view original

Mumbai: Facing liabilities of Rs 2.34 lakh crore amid large-scale infrastructure commitments, the BMC is looking to tap the debt market through green municipal bonds to diversify its funding sources. The civic body has floated an Expression of Interest (EoI) to appoint a debenture trustee for the...

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