The ministry under Human Resource Development Minister Prakash Javadekar has recommended his name to President Pranab Mukherjee and is awaiting approval.
Seventy-three-year-old Kakokdar had resigned in 2015 after a disagreement with Irani over the choice of an IIT director.
"Kakodkar's name has been recommended for the post of chairman of Board of Governors at IIT-Roorkee. His consent has also been taken in the process," a source said.
If the president approves his name, Kakodkar will succeed current chairman Ashok Mishra.
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