Updated On: 13 February, 2025 02:03 PM IST | Mumbai | mid-day online correspondent
The Thane Municipal Corporation is in talks with the International Finance Corporation (IFC) and the central government to secure financial aid for water recycling, solid waste management, and other sustainable infrastructure projects.

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The Thane Municipal Corporation (TMC) is actively working towards securing financial assistance from the central government and international financial institutions for its various environmentally sustainable projects. As part of this effort, preliminary discussions have been held with the International Finance Corporation (IFC), which has agreed to support the corporation in exploring funding options, according to Thane Municipal Commissioner Saurabh Rao.
A formal agreement between the International Finance Corporation (IFC) and the Maharashtra state government, with the approval of the Central Government of India, has been established to facilitate financial aid for various developmental projects undertaken by local governing bodies. Under this framework, IFC is assisting select municipal corporations across the state in obtaining funding, with Thane being one of the beneficiaries.