Current Affairs PDF Sales

PFC signs an agreement with  IIT- Kanpur for the Research, Training & ED in Smart Grid Technology

AffairsCloud YouTube Channel - Click Here

PFC signs agreement with IIT- KanpurThe 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. 

Key Points:

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. 

Recent Related news

i.DPIIT revised public procurement order, 2017 to Encourage “Make in India” and enhance employment

To encourage the Make In India initiative and to increase the income and employment generation the Department. 

ii.QS (Quacquarelli Symonds) is a global education analyst that released the 17th edition of the QS World University Rankings 2021. This year only 3 Indian Institutions were among the top two-hundred ranks 2 IIT’s and IISC.

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.