OREANDA-NEWS. June 29, 2011. Power Grid Corporation of India (POWERGRID), the Central Transmission Utility (CTU), has signed an MoU with the Foundation of Innovation and Technology Transfer (FITT) of IIT Delhi. The MOU was signed by Sh. V. M. Kaul, Director (Personnel), POWERGRID and Dr. Anil Wali, Director, FITT in the presence of Chairman, Board of Governor of IIT Delhi Sh. R. S. Agarwal, Prof Surendra Prasad, Director, IIT Delhi and other senior faculty members of IIT Delhi & officials from POWERGRID.

The MoU aims to start long term collaboration between POWERGRID and FITT, IITD in various areas of Operation & Maintenance of Transmission Assets and Telecom. This will also assist in the organization development for POWERGRID by exchanging intellectual resource and infrastructure of both the organizations.