Mumbai: The Indian Institute of Technology (IIT) Bombay’s faculty members and students have won a $250,000 grant for creating a tri-modular technology for large scale carbon dioxide removal from emission source points and changing them into salts.
Part of the Elon Musk Foundation at the COP26 summit in Glasgow, XPRIZE Foundation awarded the grant to a team of students, which is also known as ‘SASIITB’. The team comprises Srinath Iyer, Anwesha Banerjee, Srishti Bhamare and Shubham Kumar.
According to an XPRIZE Foundation’s official release, the students’ team of IIT-Bombay is among the 23 student-led teams that have won the $5M ‘Carbon Removal Student Competition’.
According to the foundation, awards of $250,000 each have been given to various teams competing for getting funds for their early-stage concepts of carbon removal.
The foundation has also said that the winning teams can use this grant to compete in the XPRIZE Carbon Removal competition’s upcoming rounds. It can be used to develop key supporting technologies for carbon dioxide removal.
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