Ghaziabad Nagar Nigam’s Issued Certified Green Municipal Bond
In a first-of-its-kind move towards sustainable urban infrastructure, Ghaziabad Nagar Nigam (GNN) has pioneered the use of Green Municipal Bonds to fund a state-of-the-art water recycling facility. This initiative not only highlights India’s evolving urban financial mechanisms but also sets a benchmark for environmental accountability and resource conservation.
Ghaziabad Nagar Nigam has created history by becoming the first Urban Local Body (ULB) in India to issue a Certified Green Municipal Bond, raising ₹150 crore for establishing an advanced Tertiary Sewage Treatment Plant (TSTP) under the Swachh Bharat Mission–Urban.
Technologies used,
| Summary/Static | Details |
| Why in the news? | Ghaziabad Nagar Nigam’s Green Municipal Bond and sustainable water management initiative |
| Project Name | Tertiary Sewage Treatment Plant (TSTP) |
| Funding Mechanism | Certified Green Municipal Bond (₹150 crore) + PPP-HAM |
| Capacity | 40 MLD with advanced membrane filtration technologies |
| Industrial Supply | 1,400+ units via 95 km pipeline; 800+ firm contracts for 9.5 MLD water |
| Awards Received | Best Municipal Treated Water Reuse Award (Water Digest 2024–25) |
| Technology Used | Microfiltration, Ultrafiltration, Nanofiltration, RO |
| Partner Institutions | Government of India, Government of Uttar Pradesh |
Did you know that there is a waterfall in India that becomes truly magical during…
The Central Board of Indirect Taxes and Customs (CBIC) is set to launch SWIFT 2.0…
Saudi Arabia has banned poultry and egg imports from 40 countries while including countries like…
The National Board of Examinations in Medical Sciences (NBEMS) has achieved the Guinness World Record…
Did you know that one famous water body in the Middle East is called by…
India has announced its first-ever results-based environmental award called the Zero Prize which targeting verified…