Tamil Nadu News

Municipal Bonds – Coimbatore and Tirupur

January 31 , 2026 19 hrs 0 min 38 0

Coimbatore and Tiruppur Municipal Corporations raised funds through municipal bonds in January 2026.
Coimbatore Municipal Corporation raised ₹150.85 crore, while Tiruppur Municipal Corporation raised ₹100 crore through bonds.
Chennai Municipal Corporation has raised ₹205.59 crore through municipal bonds.
The funds will be used for underground drainage and urban development projects.
Indore was the first Municipal Corporation in India to raise funds through bonds for a solar energy project.