IIM-A to launch 100-crore green fund

AHMEDABAD: To support innovative and commercially viable ventures in clean energy , the Indian Institute of Management , Ahmedabad (IIM-A ) will launch the Indian Fund for Sustainable Energy with an estimated fund size of . 100 crore, here tomorrow. The fund is being launched in collaboration with the Ministry of New Renewable Energy (MNRE), Technology Development Board (TDB), and British Petroleum (BP). INFUSE, shall be managed by IIMA's Centre for Innovation Incubation and Entrepreneurship (CIIE). “We shall support all innovative and commercially viable ventures in clean and green technology. It could be a grass root level innovation even,” CIIE Chairperson Rakesh Basant said.