NPTI and PTC India to Perform Joint R&D in Energy Domain

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NPTI and PTC India to Perform Joint R&D in Energy Domain (Image Credit: Pib)

NPTI (National Power Training Institute) and PTC India Ltd. have entered into a recent agreement, formalizing a Memorandum of Understanding (MoU) to create a state-of-the-art Centre of Excellence (CoE) dedicated to Research & Development in the Energy Domain. This collaboration aims to advance sustainable development goals by focusing on cutting-edge initiatives.

The primary objective of this CoE is to drive innovation and knowledge dissemination within the power sector through comprehensive training and capacity-building initiatives. The collaboration between NPTI and PTC India Limited under this MoU will facilitate joint efforts in research, development, and knowledge exchange through the CoE. This partnership is aimed at addressing key challenges and promoting sustainable practices in the energy sector.

The MoU signing ceremony took place on 28th March 2024, at the Ministry of Power office in New Delhi. The agreement was signed by Dr Tripta Thakur, Director General of NPTI, and Koel Singhal, Senior Vice President (HR) of PTC India Ltd., on behalf of Dr Rajib K Mishra, CMD of PTC India Ltd. The event was graced by the presence of Pankaj Agarwal, Secretary of the Ministry of Power, Government of India, who witnessed the signing ceremony.

NPTI is an autonomous organization under the Ministry of Power, Government of India. It was established in 1965 with the mandate to provide training and human resource development in the power sector. NPTI offers a wide range of training programs in areas such as thermal power, hydro power, renewable energy, and energy management. It has several regional centers and facilities equipped with state-of-the-art infrastructure for hands-on training and skill development.

PTC India Ltd is a leading power trading company in India. Established in 1999, PTC India plays a crucial role in the power sector by facilitating the trading of electricity between generators and distribution companies. The company also provides consultancy services in power sector development and renewable energy projects. PTC India is known for its innovative approach and commitment to promoting sustainable energy solutions in India.

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