Explore Business Standard
Indian Smart Grid
Tata Power Delhi Distribution (Tata Power-DDL) on Monday said it has inked an initial pact to collaborate with FSR Global to advance smart grid innovation and policy research. The partnership aims to facilitate comprehensive research projects, technical papers, and knowledge-sharing initiatives to enhance industry knowledge and promote best practices in the power sector, a statement said. According to the statement, Tata Power-DDL and FSR Global have signed a Memorandum of Understanding (MoU) to collaborate on policy research, innovation in clean energy technologies, and capacity building. The partnership is being seen as a significant step towards advancing sustainable energy solutions and regulatory excellence with key focus on the development of smart grid in India. "This collaboration will help accelerate the deployment of smart grid technologies, enhancing the reliability, efficiency, and resilience of India's power sector while delivering long-term benefits to our communities
State-owned Power Finance Corporation (PFC) on Wednesday said it has signed an agreement with the Indian Institute of Technology- Kanpur for training, research, and entrepreneurship development in smart grid technology. As per the memorandum of association, the PFC will provide financial assistance of Rs 2.38 crore (Rs 2,38,97,000) to IIT-K under its CSR initiative. The objective of the pact is to provide support to IIT-K in developing infrastructure for research and development on smart grid technology, R Murahari, Executive Director (CSR&SD), PFC, said. As part of the project, the IIT-K will also provide training on smart grid technology to 90 participants and provide fellowship to nine selected candidates for development of ideas on smart grid technology. The fellows will be assisted by startup Innovation and Incubation Centre (SIIC) of IIT-K and encouraged to take up entrepreneurial activities.