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 |
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