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Ghaziabad Launches India's First Green Municipal Bond for Water Recycling Project

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Ghaziabad Launches India's First Green Municipal Bond for Water Recycling Project

CategoryDetails
EventGhaziabad Nagar Nigam (GNN) issues India's first Green Municipal Bond
PurposeTo fund a Tertiary Sewage Treatment Plant (TSTP)
Amount Raised₹150 crore
Initiatives SupportedUnder Swachh Bharat Mission-Urban
TSTP Capacity40 MLD (Million Litres per Day)
Technologies UsedMicrofiltration, Ultrafiltration, Nanofiltration, Reverse Osmosis (RO)
Pipeline Length95 km
Industrial Units Served1,400+
Contracts Signed800+ firms for 9.5 MLD treated water
Financial ModelPPP-HAM (Public-Private Partnership - Hybrid Annuity Model)
Funding Contribution40% by Municipal Corporation
Award ReceivedBest Municipal Treated Water Reuse Award at Water Digest World Water Awards 2024-25

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