Published: 14 March 2026NSEEconomy
Nashik Lists Maharashtra's First ULB Green Municipal Bond on NSE
The Nashik Municipal Corporation listed Maharashtra's first Urban Local Body (ULB) Green Municipal Bond on the National Stock Exchange on March 9, 2026 in the presence of CM Devendra Fadnavis. The proceeds will fund sustainable infrastructure including renewable energy installations, waste management systems, and clean transport projects.
Green bonds are fixed-income instruments specifically earmarked for climate and environmental projects. Several Indian cities including Lucknow, Indore, and Ghaziabad have previously issued green municipal bonds. The Nashik issuance demonstrates growing municipal capacity to tap capital markets for sustainable urban development.
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Nashik Municipal Corporation listed Maharashtra's first ULB Green Municipal Bond on which exchange on March 9, 2026?
Explanation · Correct answer ANashik Municipal Corporation listed Maharashtra's first ULB Green Municipal Bond on the National Stock Exchange (NSE) on March 9, 2026, in the presence of CM Devendra Fadnavis.
Frequently asked questions
What is Nashik's first ULB Green Municipal Bond listed on NSE in 2026?
**Nashik Municipal Corporation** listed **Maharashtra's first Urban Local Body (ULB) Green Municipal Bond** on the **National Stock Exchange (NSE)** on **March 9, 2026** in the presence of CM **Devendra Fadnavis**. Proceeds will fund sustainable infrastructure including renewable energy, waste management, and clean transport.
What will the proceeds from Nashik's ULB Green Municipal Bond fund?
Proceeds from **Nashik Municipal Corporation's Green Municipal Bond** (listed on NSE, March 9, 2026) will fund **sustainable infrastructure** including:
- **Renewable energy installations**
- **Waste management systems**
- **Clean transport projects**
It is Maharashtra's first ULB green bond.
Who was present at the listing of Nashik's first ULB Green Municipal Bond on NSE?
**Maharashtra CM Devendra Fadnavis** was present at the listing of **Nashik Municipal Corporation's** first **ULB Green Municipal Bond** on the **NSE** on **March 9, 2026** — the first such bond listed by any Urban Local Body in Maharashtra.
What is the significance of Nashik listing Maharashtra's first ULB Green Municipal Bond?
**Nashik Municipal Corporation** becoming the first Urban Local Body in **Maharashtra** to list a **Green Municipal Bond** on the **NSE** (March 9, 2026) marks a milestone in municipal green finance, enabling cities to fund **renewable energy, waste management, and clean transport** via capital markets.
What is a ULB Green Municipal Bond and why did Nashik list one on NSE?
A **ULB (Urban Local Body) Green Municipal Bond** allows cities to raise funds from capital markets specifically for **sustainable/green infrastructure projects**. **Nashik Municipal Corporation** listed **Maharashtra's first** such bond on the **NSE** on **March 9, 2026** for renewable energy, waste management, and clean transport.
