from the amount received from Green Bond in Municipal Corporation Jalud will set up a megawatt solar plant. The electricity that will be generated from this Expansion The listing of green bonds issued by the Municipal Corporation will be held in the presence of Chief Minister Shivraj Singh Chouhan in Bhopal on Tuesday. For this bond, the Municipal Corporation has received applications worth 750 crores, while the Municipal Corporation has had issued a public issue for Rs. Apart from the Chief Minister, Mayor Pushyamitra Bhargava, Principal Secretary of Urban Administration Department Neeraj Mandloi, Corporation Commissioner Pratibha Pal will also be present in the ceremony. With the amount received from the green bond, the Municipal Corporation will set up a solar plant of 70 MW in Jalud. The electricity that will be generated will reduce the electricity bill by Rs 4 crore per month. At present, water is brought to Indore by covering a distance of 100 kms from the Narmada coast to Indore. In order to reduce the consumption of electricity bill, two tunnels were also constructed in the third phase of Narmada. MLD water is brought to Indore in three phases. The Municipal Corporation has kept the bond amount at Rs 1,000 per bond. The maturity time of the bond is 8 years. Those who buy it will get more than 8 percent interest. Whose payment will be half-yearly. The listing of the bond will be done on the Bombay Stock Exchange and the National Stock Exchange. Mayor Pushyamitra Bhargava said that the exercise done by the Municipal Corporation is an urban financial innovation as well as an activity to promote solar energy. Deposits from public participation from Rs. crore MW solar power plant will be set up in Jalud (District- Khargone). 02 The bonds were issued on February itself and the investors got a good response.