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DMEDL raises ₹775 cr via green bonds

Mint Mumbai

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December 10, 2024

ME Development Ltd (DMEDL), an arm of National Highways Authority of India (NHAI), has raised ₹775 crore through issuance of green bonds in roads and highways sector, an official statement from the ministry of road, transport and highways said on Monday.

DMEDL raises ₹775 cr via green bonds

The proceeds from the issue of 'green bonds' has been used for activities such as expenditure on avenue plantation, median plantation, construction of animal underpasses, natural stormwater drainage, streetlight on renewable energy (solar), waste recycling and reuse a

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