New Delhi, Oct. 16 -- The Surat Municipal Corporation (SMC) marked a key step towards sustainable urban development on Thursday by listing its green municipal bonds worth Rs 200 crore on the National Stock Exchange (NSE). The funds raised will be used for projects focused on environmental protection and clean energy.

Speaking to ANI, Surat Mayor Daxesh Mavani highlighted the city's progress towards environmental goals. He said, "PM Modi has announced to the whole world that by 2070 we are going to achieve 'Net Zero'. For the last five years, Surat Mahanagar has been trying to innovate in this process. Today Surat Municipal Corporation has successfully launched green bond with an international certificate."

Mavani also pointed out Surat'...