Indus Towers Ltd.

The Indian Institute of Technology Bombay (IIT Bombay) has signed an agreement with telecom infrastructure firm Indus Towers for two research initiatives in sustainable energy, one of the involving utilisation of agricultural waste for power storage. The research will primarily focus on advancing solar power generation and energy storage, aiming to create visionary and viable solutions.

The first initiative will be an effort to develop perovskite solar cell technology that aims at surpassing the limitations of conventional silicon photovoltaic (PV) cells. This next-generation technology will be designed to achieve higher efficiency without increasing the existing cell cost. It has extensive applications in both terrestrial and space-based solar systems, developed entirely through indigenous efforts. The second initiative under this collaboration will address another critical sustainability challenge - agricultural waste and energy storage. The project aims to develop a scalable method to convert rice straw, an abundant agricultural residue, into doped hard carbon materials.

Indus Towers is a telecom tower infrastructure service provider that deploys, owns and manages telecom towers and communication structures, for various mobile operators.