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Friday, April 19, 2024

IIT Bombay Receives $18.6 Million Donation from anonymous alumnus

The renowned institute announced on Thursday that an alumnus has donated USD 18.6 million to the Indian Institute of Technology (IIT) Bombay for the creation of a Green Energy and Sustainability Research Hub.
The IIT B chose not to reveal the alumni’ identity, citing his desire to maintain his anonymity.

By making this contribution, the institute will clarify its position in the fight against the climate problem. The hub will be situated in a cutting-edge academic structure on the IIT Bombay campus in the Powai district, and its focus will extend to critically essential sectors, according to a statement from the university.

According to the statement, the areas of attention include assessing climate risks and creating practical mitigation plans, preparing for climate change, and conducting thorough environmental monitoring.

The hub also aims to encourage the use of energy-efficient technologies and renewable energy sources. According to the announcement, it will help with research in a number of important fields, including battery technology, solar photovoltaics, biofuels, clean-air science, flood predictions, and carbon capture, among others.

According to the statement, the research institute will foster strategic partnerships with leading universities and businesses throughout the world and provide educational training specific to the industry.

The creation of this centre demonstrates our commitment to addressing climate concerns through cutting-edge research, encouraging interdisciplinary collaborations, and supporting entrepreneurial initiatives, according to Prof. Subhasis Chaudhuri, Director of IIT Bombay. According to him, “the Green Energy and Sustainability Research Hub is proof of the effect that group efforts may have on establishing a sustainable future.”

“This is a rare occurrence in Indian academia that a philanthropist wishes to stay anonymous,” Mr Chaudhari added

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Source: NDTV

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