BMC Commissioner Bhushan Gagrani presents the Annual BMC budget for the year 2026-27 to BMC Standing Committee chairman Prabhakar Shinde at the BMC headquarters in Mumbai on February 25, 2026.

BMC Commissioner Bhushan Gagrani presents the Annual BMC budget for the year 2026-27 to BMC Standing Committee chairman Prabhakar Shinde at the BMC headquarters in Mumbai on February 25, 2026.
| Photo Credit: Emmanuel Yogini

The municipal green bonds aim to finance projects, including wastewater treatment and desalination. According to BMC, the bonds will help achieve Mumbai’s Climate Action Plan, attracting Environmental, Social and Governance-focused institutional investors. 

“BMC has already initiated the process of appointment of Credit Rating Agency and will be initiating further process for raising Municipal Green Bonds to finance its sustainable development,” stated in the Budget statement. 


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