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DMEDL raises ₹775 cr via green bonds
Mint Mumbai
|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.
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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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