IIT Bombay Gets $18.6 Million Research Funding From Alumnus

Education Edited by Updated: Aug 24, 2023, 11:57 pm
IIT Bombay Gets $18.6 Million Research Funding From Alumnus

IIT Bombay Gets $18.6 Million Research Funding From Alumnus

The Indian Institute of Technology (IIT) Bombay has received a donation of $18.6 million from an alumnus towards the establishment of a Green Energy and Sustainability Research Hub. This landmark contribution, according to a statement released by the research and technological institute, will redefine the Institute’s role in addressing the global climate crisis. To be located within a state-of-the-art academic building on the IIT Bombay campus, the focus of this hub extends to critically important areas. These include evaluating climate risks and developing effective mitigation strategies, climate change adaptation, and comprehensive environmental monitoring. Additionally, the Hub seeks to advance climate solutions, fostering the adoption of renewable energy sources and energy-efficient technologies.

The hub will facilitate research in several critical areas, including, but not limited to, battery technologies, solar photovoltaics, biofuels, clean-air science, flood forecasting, and carbon capture. The Hub will also serve as a nexus for learning and exploration, offering state-of-the-art infrastructure and facilities for students and researchers alike.

The Hub will offer industry-tailored educational training and cultivate strategic collaborations with global universities and corporations. The objective is to drive practical and transformative solutions while nurturing entrepreneurship in the realm of green energy and sustainability.

“We are immensely grateful for the generosity displayed by our alumnus whose significant contribution reaffirms IIT Bombay”s commitment to spearheading innovative solutions for the global climate crisis. The establishment of this hub underscores our dedication to tackling climate challenges through cutting-edge research, fostering interdisciplinary collaborations, and nurturing entrepreneurial endeavours. The Green Energy and Sustainability Research Hub stands as a testament to the impact that collective efforts can achieve in paving a sustainable path for the future.” He further said, “This is a rare occurrence in Indian academia that a philanthropist wishes to stay anonymous. I am sure this will motivate many others to come forward for the cause of IIT Bombay,” Prof. Subhasis Chaudhuri, Director, IIT Bombay said.