Tata Power, IIT-Delhi partners for smart grid tech, startups, and innovation
Tata Power has announced that it has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Delhi to collaborate in areas like Smart grid Technology, Clean Energy solutions.
Considering a large number of experts with their excellence in different fields in IIT Delhi and Tata Power, there is an immense potential to collaborate between academia, research, and domain experts from business with a high transformational impact. Both the institutions have agreed to work together to identify projects that can be transformed from the R&D stage to pilot projects and scaling in areas such as EV Infrastructure, Artificial Intelligence, Machine Learning, Hydrogen Technologies, Battery Energy Storage Systems, Monitoring, and Sensing Solutions, Microgrids et al.
Speaking of the cooperation, Prof V. Ramgopal Rao, Director, IIT Delhi said, "IIT Delhi, a leading research institution in the country, is pleased to sign this MoU with Tata Power. I am hopeful this collaboration will result in the development of new technologies for the energy sector, which would prove helpful in the area of power generation and distribution."
"At Tata Power, our focus has always been around bringing ground-breaking and sustainable technologies in the power sector. We are glad to partner with IIT Delhi, an Institution of Eminence. We are confident that this collaboration will create a testbed for new age implementable technologies in the energy space leading to strengthening of clean energy ecosystem in the country," said Dr Praveer Sinha, CEO & MD, Tata Power.
In the last few years, Tata Power has fostered a culture of innovation, creativity, and entrepreneurship within the organization for its employees to Design, Develop and Deliver unique energy products, services, and solutions.
Tata Power and IIT-D have also agreed to explore a possibility to develop the Tata Power Virtual Center of Excellence towards complementing and supplementing various technologies, labs, and infrastructure already ingrains at each other's facilities. Under this MoU, both parties also wish to explore the synergies through cooperation with Clean Energy International Incubation Centre (CEIIC) and IIT Delhi's Startup infrastructure for incubation and development of startups. CEIIC is supported by Social Alpha, Tata Trusts, and the Government of India through the Department of Biotechnology, BIRAC, Tata Power, and Tata Power – Delhi Distribution Limited.
To date, Tata Power through its Collaboration, Innovation, and R&D division has collaborated with more than 100 national and international technology and institution partners, to develop low-cost, scalable solutions in the clean energy space.
