Business

Indus Towers, IOC Phinergy Sign An Agreement For Clean Energy Systems Based On Aluminium-Air Technology

Indus Towers and IOC Phinergy (IOP) have agreed to install 300 zero-emission energy systems to reduce diesel usage at Indus’ telecom tower sites.

According to a press statement, this step accelerates Indus Towers’ progress towards its sustainability priorities.

“Indus Towers Limited and IOC Phinergy Private Limited (IOP) have signed an agreement for deployment of 300 zero-emission energy systems based on aluminium-air technology, to optimize diesel consumption at Indus’ telecom tower sites”, the statement reads.

Prachur Sah, Indus Towers’ CEO, stated as part of the company’s ESG vision, Indus Towers believes in nurturing environmental stewardship, social responsibility, and strong governance.

“Indus Tower’s agreement with IOP is a testimony of the company’s commitment to building eco-friendly telecom tower sites by investing in solutions for resource optimization”, Sah continued.

IOP is an Indian joint venture company founded by IOCL and Phinergy Ltd, Israel to manufacture, sell, and service aluminium-air systems based on Phinergy’s technology.

Also read: IMD: Southwest Monsoon Withdraws From Delhi

Spriha Rai

Recent Posts

Renowned Folk Singer Sharda Sinha Passes Away At 72; PM Modi Expresses Condolences

PM Modi expressed sorrow over Sinha’s death. "The passing of Sharda Sinha ji is deeply…

4 hours ago

US Election: India Confident Of Strong US Relations And Quad Continuity, Says Jaishankar

Jaishankar noted that the US-India relationship has flourished under both Democratic and Republican leadership, including…

5 hours ago

Sanskriti Diwas Marks 98th Birth Anniversary Of Kashiraj Dr Vibhuti Narayan Singh

Program coordinator Chakravarti Vijay Navad announced that 11 prominent individuals received the Kashiraj Dr. Vibhuti…

5 hours ago

Mallikarjun Kharge Slams ‘Batenge Toh Katenge’ Slogan During Jharkhand Campaign

Kharge emphasized that the BJP leaders promote divisive rhetoric as part of their agenda. He…

7 hours ago

Police Arrest Two In Fake Marriage Certificate Racket In Name Of Arya Samaj

DCP Nagar Abhishek Bharti revealed that five couples, including Shivani and Shrikant Yadav, recently filed…

7 hours ago

India And Nigeria Strengthen Counter-Terrorism Cooperation In Second Strategic Dialogue

Doval and Ribadu held detailed talks on challenges linked to terrorism and radicalization, including those…

8 hours ago