IIT-Delhi in research pact with Delhi power firm
13 Jul 2010
With the objective of encouraging research in the area of power distribution, BSES Yamuna Power Limited (BYPL) yesterday signed a three-year Memorandum of Understanding (MoU) with IIT-Delhi. Ramesh Narayanan, CEO of BYPL and Dr Anil Wali, managing director of the Foundation for Innovation and Technology Transfer (FITT) signed a MoU to the effect. FITT is a society established by IIT-Delhi for enhancing industry-academia interaction and research.
''This is a path-breaking and revolutionary initiative, which is being carried out for the first time in India by a power distribution company and a premier engineering institute. The collaboration will focus on how to improve value proposition for consumers by bringing in the next level of ''SMART'' technology to the power distribution business and keeping pace with technological innovations taking place in the power generation and transmission business,'' said Narayanan.
Officials said the collaboration would also focus on offering better value to consumers by minimising problems in service through technological interventions which would further improve the quality and reliability of power supply and identify newer methods for reduction of distribution losses.
Complimenting the company for launching the initiative, Dr Wali said, ''As power distribution is the most people-interactive interface in the power industry chain, we are pleased to form this association with BYPL and help engineers look at technology from a customer's point of view.''
''The ecosystem for a dynamic industry-academia interface has to be fostered. We hope our engagement with BYPL would enable knowledge-sharing and technological innovations,'' he added.
For smooth execution of the tie-up, BYPL and IIT Delhi would appoint one principal project investigator each to coordinate the scope of work. The cost of the projects would be borne by BYPL.