In a first, IIT Bombay gets massive donation of ₹160 crore from an anonymous donor

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₹160 crore from an anonymous donor. The donation has come from an alumnus for establishment of a Green Energy and Sustainability Research Hub, the institute said as reported by PTI. IIT B did not disclose the identity of the alumnus as he wanted to remain anonymous.

“This is a rare occurrence in Indian academia that a philanthropist wishes to stay anonymous," Prof Subhasis Chaudhuri, Director, IIT Bombay said. He also added that this is the first time when the institute received an anonymous donation. "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 IITB money, it will be used efficiently and for the right purpose," Chaudhuri as quoted by Times of India. The report also stated that the amount received will be used to establish a Green Energy and Sustainability Research centre (GESR) on campus, infrastructure while a huge amount will be kept for research purposes.

Chaudhuri has said that the contribution will redefine the institute's role in addressing the global climate crisis. As per the institute, Green Energy and Sustainability Research Hub will be located within a state-of-the-art academic building on the IIT Bombay campus in suburban Powai and its focus will extends to critically important areas. The focused areas include evaluating climate risks and developing effective mitigation strategies, climate change adaptation, and comprehensive environmental monitoring, it said.