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E-buses set to ply in Gzb from Oct | Noida News


Photo for representative purpose only
GHAZIABAD: Electric bus service in the city is expected to start in October with vehicles plying on six routes in the first phase. The buses will not only connect important places across the city, but also provide direct connectivity to Noida and Delhi.
Around 50 vehicles will hit the roads initially and work to build a depot and a charging station at Akbarpur Behrampur is almost over, officials have said. Electric buses are crucial to Ghaziabad, which is one of the most polluted cities in the country.
The depot will be equipped with charging points for 25 buses at a time. While the longest route is between Anand Vihar and Muradnagar (40km), the shortest is between Tilla Mod and New Bus Adda (12km). ....

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India's first Rs 150 cr Ghaziabad green bond lists on BSE platform


India s first Rs 150 cr Ghaziabad green bond lists on BSE platform
ANI |
Updated: Apr 08, 2021 14:30 IST
New Delhi [India], April 8 (ANI): Ghaziabad Municipal Corporation which recently raised Rs 150 crore (base issue: Rs 100 crore with a green shoe option of Rs 50 crore) on private placement basis using the BSE bond platform was listed on Thursday.
It was opened for a subscription on March 31 last year. The coupon rate of the taxable bond was fixed at 8.1 per cent per annum and was rated AA by India Ratings and AA(CE) by Brickworks and has a maturity of 10 years with a staggerred redemption.
Additionally, the company received Rs 19.5 crore incentive from the Centre for raising municipal bonds. Ghaziabad Municipal Corporation has entered into an understanding with Sahibabad Industries Association for the purpose of achieving various goals and objectives relating to water supply. ....

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