India News | Power Finance Corp Signs MoA with IIT-Kanpur on Smart Grid Technology

Get latest articles and stories on India at LatestLY.The Power Finance Corporation (PFC) on Wednesday signed an MoA with the Indian Institute of Technology - Kanpur (IIT-K) for Training, Research, and Entrepreneurship Development in Smart Grid Technology, the Ministry of Power said on Wednesday.

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New Delhi [India], July 29 (ANI) The Power Finance Corporation (PFC) on Wednesday signed an MoA with the Indian Institute of Technology - Kanpur (IIT-K) for Training, Research, and Entrepreneurship Development in Smart Grid Technology, the Ministry of Power said on Wednesday.

"Under the MoA, PFC will provide financial assistance of Rs 2,38,97,000 to IIT-K under its Corporate social responsibility (CSR) initiative," it said.

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According to R Murahari, Executive Director (CSR&SD), PFC, "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 the project, IIT-K will provide training to 90 participants on smart grid technology and also provide fellowship to nine selected candidates for the development of ideas on Smart Grid Technology. (ANI)

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(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)

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