August 25, 2023

IIT Bombay Receives Anonymous Donation of Rs 160 Crore

The Indian Institute of Technology (IIT) Bombay has received its first ever anonymous donation of Rs 160 crore (around US$20 million). The donation was made by an alumnus of the institute who wishes to remain anonymous.

The money will be used to set up a Green Energy and Sustainability Research Hub (GESR) on the IIT Bombay campus. The hub will focus on research in areas such as renewable energy, energy efficiency, and climate change mitigation. It will also provide a platform for students, faculty, and researchers from different disciplines to collaborate on sustainability-related projects.

The donation is a significant boost for IIT Bombay’s efforts in the field of sustainability research. It is also a rare occurrence in India, where anonymous donations to educational institutions are not common.

The IIT Bombay director, Subhasis Chaudhuri, said that the donation is a testament to the institute’s reputation for excellence in research. He also expressed gratitude to the anonymous donor for their generous contribution.

The GESR is expected to be operational by early 2024. It will be a valuable resource for IIT Bombay and other institutions in India that are working on sustainability issues.

The donation is a welcome development for IIT Bombay and for the field of sustainability research in India. It is a testament to the institute’s reputation for excellence and to the importance of sustainability research.

Here are some of the benefits of the GESR:

  • It will help to accelerate research in green energy and sustainability.
  • It will create new opportunities for collaboration between students, faculty, and researchers from different disciplines.
  • It will raise awareness about sustainability issues among the students and the general public.
  • It will help to develop new technologies and solutions to address the challenges of climate change.

The GESR is a significant milestone for IIT Bombay and for the field of sustainability research in India. It is a testament to the institute’s commitment to excellence and to its vision for a sustainable future.

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31690cookie-checkIIT Bombay Receives Anonymous Donation of Rs 160 Crore