PFC signs agreement with IIT Kanpur for training, research, and entrepreneurship development in smart grid technology
PFC will provide financial assistance of Rs 238,97,000 to IIT-K
Government-owned Power Finance Corporation (PFC) has signed an MoA with Indian Institute of Technology- Kanpur (IIT-K) for training, research, and entrepreneurship development in smart grid technology. Under the MoA, PFC will provide financial assistance of Rs 238,97,000 to IIT-K under its CSR initiative.
R Murahari, executive director (CSR&SD), PFC, informed that the objective of the pact is to provide support to IIT-K in developing infrastructure for research and development on smart grid technology. As part of project, IIT-K will also provide training on smart grid technology to 90 participants and provide fellowship to 9 selected candidates for development of ideas on smart grid technology. The fellows will be assisted by Start-up Innovation and Incubation Centre (SIIC) of IIT-K and encouraged to take up entrepreneurial activities.
M Prabhakar Das, chief GM (CSR&SD), PFC and Prof Jayant Kumar Singh, Dean Resource and Alumni, IIT-K signed the agreement on behalf of respective organisations on a virtual platform.