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Pimpri Chinchwad Municipal Corporation plans green bond fundraising
ECONOMY & POLICY

Pimpri Chinchwad Municipal Corporation plans green bond fundraising

The Pimpri Chinchwad Municipal Corporation (PCMC), is exploring the issuance of Green Bonds to raise approximately Rs.2 billion for urban development projects. This initiative is part of the city’s broader efforts to promote sustainable growth while up...

The Pimpri Chinchwad Municipal Corporation (PCMC), is exploring the issuance of Green Bonds to raise approximately Rs.2 billion for urban development projects. This initiative is part of the city’s broader efforts to promote sustainable growth while upgrading its infrastructure. The corporation has engaged Palladium, a global development consulting firm, as the technical consultant for the Green Bond fundraising. The funds raised through the Green Bonds will be directed toward the development of projects. This includes the development of Telco Road, which stretches from Gawali Matha to Indrayani Nagar Chowk. Contact: The Pimpri Chinchwad Municipal Corporation Email: [email protected] Website: www.pcmcindia.gov.in

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