Context:
NHAI’s Subsidiary DME Development Limited (DMEDL) Successfully Raises Rs. 775 Crore through issue of Green Bonds
Green Bonds
- Green bonds are bonds issued by governments, companies, or multilateral organizations.
- They are issued to fund projects that produce positive impacts on the environment and on climate change.
- Green bonds offer fixed-income payments to the investors.
- Greenium or Green Premium is the savings that accrue on coupon payments.
- Public debts for projects that are intended to accelerate a low-carbon economy in India.
- The framework includes investments in solar and wind energy; biomass; hydro energy; urban mass transportation; green buildings; and pollution prevention and control programs.
