Saint-Gobain and IIT Madras sign MoU to ensure 100 per cent renewable energy utilisation

Saint-Gobain India and IIT Madras Research Park have signed an MoU to develop a 100 per cent renewable energy research park. As part of the MoU, Saint-Gobain will support IIT Mad­ras with a funding of Rs 100 million over the next three years. The aim of this collaboration is to boost the move towards a low-carbon future and to aid India in achieving 100 per cent renewable energy. The objective of the partnership is to focus on addressing energy challenges and promote the maximum use of alternative energy sources. IIT Madras intends to create a robust energy storage mechanism within its campus that will allow it to operate primarily on energy generated from renewable energy sources.