Indian Institute of Technology (IIT) Madras and Tata Power to collaborate on research and development (R&D), policy advocacy, consultancy, advisory, training and commercialization of technologies and solutions.
Both parties have signed a memorandum of understanding (MoU) as it aims to pursue advanced research in areas of future technology.
“IIT Madras is delighted to partner with Tata Power to pursue research in topics of mutual interest and national importance and provide opportunities for employees to acquire advanced knowledge in emerging areas,” Prof Bhaskar Ramamurthi, Director, IIT Madras, said.
Speaking about the partnership, Praveer Sinha, CEO and MD, Tata Power, said, “We are honoured to associate with IIT Madras. Together, we will collaborate in areas of advanced technology, innovation and knowledge for sustainable changes. We are looking forward to working with some of the most talented and brilliant minds in the country.”
The institute also informed that Tata Power and IIT Madras will work together with the start-up companies in the IIT Madras incubation cell.
The two parties will collaborate on research supported by the Center for Industrial Consultancy and Sponsored Research (IC&SR), IIT Madras.
“Campus Recruitment will also be covered under the MoU and will involve recruitment of IIT Madras graduates for full-time employment or as interns by Tata Power subject to the company’s organizational needs. This activity will be facilitated by the Placement Office, IIT Madras,” an official statement said.
Employees of Tata Power can enrol for Mtech, MS and PhD programmes at IIT Madras. They can collaborate to offer short-term training programmes.
“Tata Power and IIT Madras can also come together to engage in the CSR realm. The company can also choose to make grants to support faculty research or to support students on scholarships and fellowships,” IIT Madras added.