Indore Municipal Corporation to raise Rs 2.50 billion by issuing green bonds for 60 MW solar power project

Indore Municipal Corporation plans to list green bonds in a public issue to raise Rs 2.50 billion to fund the establishment of a 60 MW solar power plant.

The power generated by the solar plant will be used for water extraction from Narmada river in Jalud village, neighbouring Khargone district, and supply it to Indore.