CERC, IIT Delhi, and Grid-India Ink MoU to Launch Centre of Excellence in Power Sector Regulation
CERC, IIT Delhi, and the Grid Controller of India have signed an MoU to establish a Centre of Excellence for Regulatory Affairs in the power sector, aimed at advancing research and capacity building in power sector governance and policy.
CERC, IIT Delhi, and Grid-India Ink MoU to Launch CoE
The Central Electricity Regulatory Commission (CERC), IIT Delhi, and Grid Controller of India (Grid-India) have signed an MoU to establish a Centre of Excellence (CoE) at IIT Delhi focused on power sector regulation, policies, power markets, and grid operations. The CoE will serve as a knowledge hub, offering expertise and support to regulatory commissions, system operators, utilities, and other stakeholders to address their specific operational and policy needs. The MoU was signed by Prof. Rangan Banerjee, Director, IIT Delhi; Sh. Harpreet Singh Pruthi, Secretary, CERC; and Sh. Paresh R. Ranpara, Director (Human Resources), Grid-India.
Centre of Excellence at IIT Delhi
The Centre of Excellence aims to foster knowledge creation and support informed decision-making in the development of effective regulations through collaborative research and analysis. It seeks to bridge the gap between academia and industry by developing indigenous solutions to current and emerging challenges in power system operations. Additionally, the CoE will serve as a platform for designing academic programs that contribute to robust policymaking and improved regulatory practices. The Centre of Excellence will operate through five key functional verticals:
- Research and Analysis: Conduct academic, technical, and policy research by identifying gaps and challenges in the ongoing energy transition in India, particularly in areas such as regulations, markets, and grid operations.
- System Studies: Undertake detailed system studies to support data-driven and informed decision-making for grid practices and related regulatory frameworks.
- Training and Capacity Building: Organize training programs, skill development initiatives, and capacity-building activities to create a pool of specialized professionals. This includes short-term courses on quantitative techniques, tariff modeling, forecasting methods, electricity market design, and more.
- Knowledge and Information Hub: Develop a centralized repository of knowledge and data to address present needs and prepare for future regulatory, operational, and strategic challenges in the power sector.
- Academic Engagement: Serve as a platform to introduce and support academic programs at IIT Delhi, fostering interdisciplinary learning and innovation in regulatory affairs.
Speaking about the MoU, Prof. Rangan Banerjee, Director, IIT Delhi, said, “We are excited about the new Centre of Excellence in Power Sector Regulation. We look forward to working together with Grid-India and CERC to provide research and policy inputs to transform our power sector.”
Jishnu Barua, Chairman, CERC, said, “The Centre is expected to play a pivotal role in enhancing expertise of human resources for the sector and is likely to serve as a bridge between academia and the practitioners.”
Samir Chandra Saxena, Chairman and Managing Director, Grid-India, said, “Grid-India looks forward to this collaboration. This initiative marks a significant step towards advancing regulatory capacity in the power sector, fostering research, innovation, and informed policymaking and regulatory research for a more resilient and future-ready power sector ecosystem.”
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Both the Indian Institutes of Technology are well-ranked. Given below are the comparison between the two IITs for their MSc course based on parameters including fee, ranking and eligibility criteria:
MSc Institutes |
NIRF Rank '23 (Overall) |
MSc Total Tuition Fee |
MSc Eligibility |
|---|---|---|---|
IIT Delhi |
03 |
INR 40,000 - INR 4 lakh |
Bachelor’s degree in a relevant Science discipline with a minimum 55% aggregate |
IIT Madras |
01 |
INR 20,000 - INR 10 lakh |
Bachelor’s degree in a relevant Science discipline |
NOTE: The fee mentioned here is taken from an unofficial source. Hence, is indicative.
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The course outline of mechanical in IIT Delhi or IIT Bombay is similar and is quite well aligned with the course structure of top ranked international universities and the mechanical is one of the most desired and demanded branches in the IITs. The universities stand on similar QS ranking level and the facility and quality of infrastructure on average is almost the same in both the campuses, IITB has a lake, a pretty larger campus than that of IITD whereas IITD stands in a very desired location of Delhi ( in Hauz Khas) which stands very close to the international airport and various railway stations and is comparatively very green and clean than the outer Delhi. The trends of placement or students going for further studies differ very less and if you are really relying on placements to be a deciding factor, you'll still be in doubt. If we look at the opening and closing ranks of the department in both the colleges, the mechanical in IITB opens before it starts at IITD and also closes some numbers before, but the range is quite same. Many people choose IITB for its past trend or some local variables and similarly people also choose IITD if they aspire to go for civil services as Delhi is the hub for the preparation for UPSC and other civil services and again the accessibility of the nearby regions. I'd say both of the campus stand on the same level if the department is considered, the selection is totally depend on the individual depending on the local variables that affects him/her.