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IIT Bombay Receives Rs 160 Crore Anonymous Donation

by OB Bureau
August 28, 2023
in India
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New Delhi: In a rare occurrence, the Indian Institute of Technology (IIT)- Bombay received a donation of $18.6 million (Rs 160 crore) from an alumnus who doesn’t want his identity to be revealed. The donation from the anonymous source came for the establishment of a Green Energy and Sustainability Research (GESR) Hub.

“It is the first time that we have received an anonymous donation. In fact, while this is common in the USA, I don’t think any university in India has received a private gift where the donor wants to remain faceless. Donors know that when they give IIT-B money, it will be used efficiently and for the right purpose,” IIT Bombay director Prof. Subhasis Chaudhari was quoted as saying.

 

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The funds allocated to the GESR Hub will support research in vital domains like solar photovoltaics, battery technologies, clean-air science, flood forecasting, and carbon capture. The establishment of this hub underscores our dedication to tackling climate challenges through cutting-edge research, fostering interdisciplinary collaborations, and nurturing entrepreneurial endeavours.

The GESR hub will be situated within a modern academic facility on the IIT Bombay Campus in suburban Powai. In addition, the research centre will offer industry-specific educational training and foster strategic partnerships with international universities and corporations.

 

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