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UPPCS GS-VI

Ghaziabad issues India’s first certified green municipal bond

1 min readUP Current AffairsUP Local BodiesUP Urban Development
Battle IAS UP current affairs title card: Ghaziabad issues India's first certified green municipal bond (, 29 April 2025)

What happened

  • Ghaziabad Nagar Nigam raised ₹150 crore through India’s first Certified Green Municipal Bond for a Tertiary Sewage Treatment Plant [PIB].
  • The plant treats 40 MLD and supplies treated water through a 95 km pipeline to over 1,400 industrial units in Ghaziabad [PIB].

Background

  • The project was supported under Swachh Bharat Mission-Urban by the Centre and the UP government [PIB].

Why it matters

  • Selling treated sewage water to industry gives the city a revenue stream to repay the bond, which is what makes a municipal bond work.

Read all of April 2025 in the monthly UP current affairs compilation →

How to use this in Mains

GS-VI UP urban governance: municipal finance

  1. Use Ghaziabad as the UP example when writing on how ULBs can raise money beyond grants.
  2. Link it to water reuse: industry takes treated water, freeing fresh water for homes.
Quotable data point

Ghaziabad raised ₹150 crore through India's first certified green municipal bond [PIB, 29 Apr 2025].

PIB: Ghaziabad Nagar Nigam pioneers sustainable water management through India's first certified Green Municipal Bonds, 29 Apr 2025

Exam angle

UPPCS

GS-VI: urban local bodies and municipal finance in UP; water reuse.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPPCS

India's first Certified Green Municipal Bond was issued by

Answer (b) & explanation

Source: as cited in this article.

Official source: PIB: Ghaziabad Nagar Nigam pioneers sustainable water management through India's first certified Green Municipal Bonds, 29 Apr 2025

facts from cited sources only; numbers machine-checked against source text; faculty review pending