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

PM Modi Highlights Maharishi Valmiki’s Enduring Legacy

PM Modi honours Maharishi Valmiki and highlights the Ramayan’s enduring values in Mann Ki Baat,…

2 mins ago

PM Modi Pays Tribute To Cultural Icons In ‘Mann Ki Baat’

PM Modi pays tribute to Bhupen Hazarika, Zubeen Garg, and SL Bhyrappa in ‘Mann Ki…

56 mins ago

India Poised To Lead Global Green Hydrogen Revolution

India is accelerating its green hydrogen ambitions under the National Green Hydrogen Mission, with S&P…

2 hours ago

India Charts New Course In Dispute Resolution At 2nd National Mediation Conference

India’s 2nd National Mediation Conference in Bhubaneswar underscores mediation’s growing role under the Mediation Act…

2 hours ago

PM Modi Calls For Atmanirbhar Resolve Through Swadeshi Shopping

Prime Minister Narendra Modi called on citizens to embrace Swadeshi and take a pledge to…

5 hours ago

PM Modi Hails RSS’s Century Of Service, Says ‘Nation First’ Always Paramount

PM Modi hailed the RSS’s century-long journey, praising its patriotism, service, and ‘nation first’ principle.

5 hours ago