NIT Warangal & ABB Power Grids India collaborate for SEG education

ABB Power Grid informed the bourses that it has signed a memorandum of understanding (MoU) with National Institute of Technology, Warangal (NITW), Telangana to drive smart electric grid technology education, skill development and research.

As part of the collaboration, the company will partner with the Department of Electrical Engineering of NITW to develop a unique master of technology program in a smart electric grid (SEG) from the current academic year. The agreement will bridge the gap between academia and the industry.

Speaking on the announcement, N Venu, Managing Director of ABB Power Grids India stated that developing the right talent pool was crucial for building a sustainable grid for the future. He added that the company is pleased to join hands with NITW and aims to achieve higher levels of technical excellence in its domain.

On Friday, the stock of the company closed at Rs 840, down by 0.04 per cent or Rs 0.30 per share. The 52-week high is recorded at Rs 857.90 and the 52-week low is Rs 714 on BSE.