Chennai’s International tech park first Net Zero biz park in India

CHENNAI: CapitaLand Investment (CLI), a global real estate investment manager (REIM), on Thursday signed a Memorandum of Understanding (MoU) with the Confederation of Indian Industry (CII) – Indian Green Building Council (IGBC) to further the Net Zero movement in the country. IGBC and CLI were represented by Gurmit Singh Arora, Chairman, IGBC and Gauri Shankar Nagabhushanam, CEO – India Business Parks, CLI. Under the partnership, IGBC will build resource capabilities by training CLI’s professionals in implementing Net Zero concepts at its properties across India and jointly work towards spreading awareness among industry stakeholders. IGBC will also facilitate CapitaLand assets to achieve Net Zero results in energy and water usage, waste management, and carbon emissions. Leading the agenda for sustainability, IGBC has recognised CLI’s upcoming International Tech Park Chennai - Radial Road (ITPC-RR) as the first Net Zero business park in India.