Bihar News: Patna, 10 November 2026. For the first time in Bihar, municipal bonds worth Rs 200 crore of Patna Municipal Corporation were listed in the National Stock Exchange (NSE). Chief Minister Samrat Chaudhary inaugurated the ceremony by lighting the lamp in a program organized at Hotel Taj City Center in Patna and formally inaugurated this achievement through the bell ceremony. Instructions have been given to use the amount received through this bond in such projects from which revenue can be earned regularly.
The Chief Minister described this as an important achievement in the direction of economic strengthening of Bihar and connecting the state with the financial markets of the country and the world. He also appealed to other municipal corporations and departments of the state to find new ways to increase revenue by better utilizing their assets and resources.
Amount of Rs 200 crore raised from municipal bonds
Chief Minister Samrat Chaudhary said that an amount of Rs 200 crore has been received from the listing of municipal bonds of Patna Municipal Corporation in NSE. He directed that this amount should be invested in such projects which will generate regular income in the coming years and additional revenue can be saved even after paying off the loan.
He also asked other municipal corporations of Bihar to take initiative towards raising resources through municipal bonds. According to the Chief Minister, municipal bodies and government departments should develop new sources of income by making commercial use of their assets.
Preparation to build 126 km long marine drive through PPP model
The Chief Minister said that to develop better infrastructure in the state, it is necessary to encourage private investment along with government resources. Public Private Partnership (PPP) model will be adopted for this.
Referring to the 26 km long Marine Drive in Patna, he said that its construction took 13 years and money was spent from the government treasury. Now the government is moving towards developing the 126 km long Marine Drive on PPP model with a proposed investment of about Rs 30 thousand crore.
Investment in battery storage and solar energy will get a boost
CM Samrat Chaudhary also discussed the possibilities of investment in the energy sector. He said that electricity has to be purchased at different times and at different prices. In such a situation, it is necessary to develop a battery storage system, so that the availability and cost of electricity can be better managed.
The Chief Minister said that Prime Minister Narendra Modi is going to come to Bihar on 21st November. During this period, many important agreements are likely to be signed including projects related to battery storage and pumped storage systems. According to him, these initiatives will create huge investment opportunities in the energy sector.
He also appealed to the able-bodied families to give up the facility of 125 units of free electricity and install solar panels on the roofs of their houses. According to the Chief Minister, the government is providing assistance of about Rs 98 thousand for setting up a three kilowatt solar power plant. When excess electricity is produced, the government will buy it.
Plan for flood control and revenue generation by removing silt from rivers
The Chief Minister also mentioned the plan to remove silt from rivers. He said that on one hand this initiative can help in reducing the problem of floods, while on the other hand possibilities of earning revenue from the use of extracted silt will also be explored.
The government aims to link river management with infrastructure development and economic activities.
Initiative to run medical colleges and hospitals on PPP mode
The Chief Minister said that initiatives will be taken to operate the newly constructed medical colleges and hospitals in Bihar on PPP model. For this, help of experienced doctors and experts in the medical field will be taken.
He talked about ensuring better functioning of these institutions under the Brownfield model. Its objective is to make effective use of the facilities and resources of the newly created medical institutions.
Plan to develop 12 greenfield satellite townships
Samrat Chaudhary said that it has been envisaged to develop 12 greenfield satellite townships in Bihar. These have been named keeping in mind the historical and cultural importance of the state.
The Chief Minister said that there is a possibility of investment of about Rs 5 lakh crore if the proposed Patliputra Township in Patna is developed in a systematic manner. In view of the demand for modern residential facilities, he also talked about encouraging the construction of high-rise buildings in the state.
Rs 1,205.91 crore transferred to the accounts of more than 1.09 crore pensioners
Referring to the social security schemes, the Chief Minister said that on the day of the program itself, a total amount of Rs 1,205.91 crore has been transferred to the bank accounts of more than one crore nine lakh social security pensioners.
He said that the government is committed to social security and along with development in the state, focus is also being given to providing financial assistance to the needy people.
Many senior ministers and officials were present in the program
The program was also addressed by Patna Municipal Corporation Mayor Sita Sahu, NSE Head (Issuer Relations, Product and Business Development) Krishnan Iyer and Patna Municipal Corporation Commissioner Yashpal Meena.
On this occasion, Deputy Chief Ministers Vijay Kumar Choudhary and Bijendra Prasad Yadav, Urban Development and Housing Minister Nitish Mishra, Deputy Mayor Reshmi Kumari, Chief Secretary Pratyaya Amrit, Principal Secretary of the department Vinay Kumar and Secretary to the Chief Minister Sanjay Kumar Singh and many senior officials and industry representatives were present.