Categories: Agreements

PFC signs agreement with IIT-Kanpur in smart grid technology

Power Finance Corporation (PFC) has signed an agreement with the Indian Institute of Technology- Kanpur for Training, Research, and Entrepreneurship Development in Smart Grid Technology. The agreement was on a virtual platform. The objective of the pact is to provide support to IIT-Kanpur in developing infrastructure for research and development on smart grid technology.

Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams

Under the agreement, PFC will provide financial assistance of worth Rs 2,38,97000 to IIT-Kanpur. As part of the project, IIT-K will also provide training on smart grid technology to 90 participants and provide fellowship to 9 selected candidates. The fellows will be assisted by Start-up Innovation and Incubation Centre of IIT-Kanpur and encouraged to take up entrepreneurial activities.

Important takeaways for all competitive exams:

  • Chairman of IIT-K: K. Radhakrishnan.
  • Director of IIT-K: Abhay Karandikar
  • Chairman and MD of PFC: Ravinder Singh Dhillon
  • Headquarters of PFC: New Delhi.

Find More News Related to Agreements

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Which Indian City is Known as the Footwear City?

India has many cities that are famous for their unique industries, and some of them…

11 hours ago

Which Desert is known as the Cold Desert?

Some deserts are extremely hot, but some remain cold throughout the year. These cold deserts…

12 hours ago

Top-10 News Media Companies in the World, Check the List

In today’s world, news media plays a very important role in sharing information quickly and…

14 hours ago

PNB Housing Finance Appoints Ajai Kumar Shukla as New MD & CEO

PNB Housing Finance has announced the appointment of Ajai Kumar Shukla as its new Managing…

15 hours ago

Department of Posts and BSE Sign MoU to Expand Mutual Fund Access Across India

In a major push towards deepening financial inclusion, the Department of Posts (DoP) and BSE,…

15 hours ago

Retail Inflation Rises Slightly to 0.71% in November 2025

India’s retail inflation, measured by the Consumer Price Index (CPI), increased modestly to 0.71% in…

15 hours ago