The PFC (Power Finance Corporation) signed an agreement with the Indian Institute of Technology- Kanpur (IIT-K) in order to provide training, research and Entrepreneurship Development (ED) in Smart grid technology.
Objective: To provide support for the IIT-Kanpur to develop the infrastructure of the research and development on smart grid technology.
Budget: The PFC will provide financial assistance of Rs. 2.38 crore to the IIT-K under its CSR initiative.
i.Shri M Prabhakar Das, Chief General Manager (CSR&SD), PFC and Prof. Jayant Kumar Singh, Dean Resource and Alumni, IIT-K signed the agreement on behalf of respective organizations on a virtual platform.
ii.The IIT-K provides training in smart grid technology to 90 participants.
iii.Nine selected candidates will be provided fellowship for the development of ideas on smart grid technology.
iv.The members will be assisted by the Startup Innovation and Incubation Center (SIIC) of IIT-K and will be encouraged on ED.
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About Indian Institute of Technology- Kanpur (IIT-K)
Chairman – K. Radhakrishnan
Director – Prof. Abhay Karandikar
Located – Kalyanpur, Kanpur, Uttar Pradesh
About PFC (Power Finance Corporation)
Chairman and MD – Ravinder Singh Dhillon
Headquarters – New Delhi.