Indore: Indore Municipal Corporation (IMC) has got SEBI nod for its proposed Green Bond IPO, which is expected to be listed on National Stock Exchange (NSE) by end of this month, and has now started approaching investors for its promotion. The Bonds are meant to raise funds to the tune of Rs 250 crore for […]
IMC to issue Green Bonds in Indore to help raise funds for new solar power plant – EQ Mag
New power plant to reduce Indore’s monthly electricity expenditure by almost 4 crores The Municipal Corporation, which has kept Indore at the first place in the country for seven years in cleanliness, is going to make set to undertake another game changing innovation. IMC is now contemplating on issuing Green Bonds in Indore to raise […]
IMC’s first: Green Masala Bonds to fund solar plant
INDORE: Indore Municipal Corporation (IMC) is contemplating on releasing Green Masala Bonds to raise funds for a mega solar power plant project mooted to reduce its monthly power consumption. The corporation aims to raise Rs450 crore through rupee denominated bonds or Masala Bonds for the project. A high-level meeting was also held in Bhopal on […]
