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InFocus Finance

LIC Partners with Lotus Petal Foundation for Solar Power Installation

The partnership between LIC and NGO Lotus Petal Foundation represents a significant commitment to sustainable development through the installation of a 45 KW solar power system.

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SMEStreet Edit Desk
26 Sep 2024 15:29 IST

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In a significant move towards fostering sustainable development and enhancing quality education in the region, the Life Insurance Corporation of India (LIC) has officially partnered with the Lotus Petal Foundation, a Gurugram-based NGO. This collaboration is supported by the LIC Golden Jubilee Foundation, which has funded the installation of solar panels at the Lotus Petal Foundation's expansive 5-acre Education & Skill Development campus. Which is aiming to provide quality education to 10,000 underserved children under one roof, positioning the campus as one of India’s largest philanthropic schools.

The partnership between LIC and NGO Lotus Petal Foundation represents a significant commitment to sustainable development through the installation of a 45 KW solar power system. This collaboration not only reflects LIC's dedication to environmental responsibility but also aims to significantly reduce the campus's carbon footprint and lower energy costs. By fostering an eco-friendlier learning environment for students, this initiative serves as a model for other institutions seeking to implement green energy solutions. Together, LIC and Lotus Petal Foundation are paving the way for a brighter, more sustainable future.

Shri Manoj Atrishi, Regional Manager, LIC India ,Zonal Office New Delhi highlighted the importance of sustainability, stating, "LIC is honored to be part of this transformative journey and support a place like this which will become one of India’s largest philanthropic schools. We believe that by experiencing the benefits of clean energy, students will be inspired to build a greener future."

Shri Kushal Raj Chakravarty, Founder and Managing Trustee of the Lotus Petal Foundation, expressing his gratitude for this partnership. " We are deeply grateful to LIC for their support in this critical phase of our journey," he said. "The installation of solar panels is not just an investment in renewable energy; it is an investment in creating a sustainable and environmentally conscious campus where students can learn and thrive.”

 

 

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