Indus Towers and IOP Phinergy partner for eco-friendly telecom towers
Indus Towers Limited and IOC Phinergy Private Limited (IOP) have officially sealed an agreement aimed at deploying 300 cutting-edge zero-emission energy systems. These systems, based on advanced aluminium-air technology, are set to revolutionize the telecom tower industry by optimizing diesel consumption at Indus Towers’ tower sites.
This strategic collaboration marks a significant milestone in Indus Towers’ commitment to sustainability. The 300 energy systems, to be supplied by IOC Phinergy, will be swiftly deployed in the coming quarters as a pilot project, accelerating Indus Towers’ journey towards a greener future.
Prachur Sah, Managing Director & Chief Executive Officer of Indus Towers, emphasized the company’s ESG (Environmental, Social, and Governance) vision, stating, “Indus Towers believes in nurturing Environmental Stewardship, being Socially Responsible, and having a Robust Governance. This Agreement with IOP underscores our commitment to creating eco-friendly telecom tower sites through resource optimization. It aligns perfectly with our mission to provide uninterrupted network services of the highest quality to our customers.”
Sanjeev Gupta, Director at IOP, highlighted the clean energy solution’s potential impact on Indus Towers’ sustainability goals, saying, “The clean long-duration energy solution supplied and serviced by IOP will contribute to Indus’ commitment to reducing GHG emissions by curbing diesel consumption while maintaining network uptime and service quality for customers.”
IOP, a joint venture company formed by IOCL and Phinergy Ltd. of Israel, specializes in developing, manufacturing, selling, and servicing aluminium-air systems using Phinergy’s revolutionary technology in India. Phinergy, a global leader in clean energy systems based on aluminium-air technology, offers zero-emission energy solutions for both stationary and mobility applications. Phinergy’s Al-Air energy systems generate clean energy from aluminium, providing an eco-friendly alternative for telecom networks during periods of grid power unavailability.
This collaboration between Indus Towers and IOP not only signifies a commitment to sustainability but also promises to reshape the landscape of telecom tower operations in India. Stay tuned for the transformation this partnership will bring to the industry.