Industrial Automation Magazine India

JSW Group signs MoU with MSRIT and SHARIKA to establish Centre of Excellence at Bengaluru

Published on : Wednesday 17-07-2024

The JSW Centre of Excellence will foster research, training and development in Flexible Power Systems – Smart Grid.

New Delhi, July 11, 2024: The US$ 24 billion JSW Group has entered into a triparty Memorandum of Understanding (MOU) with MS Ramaiah Institute of Technology (MSRIT), an autonomous Private Engineering Institute, affiliated to Visvesvaraya Technological University, and approved by the State Govt of Karnataka  and Sharika Smartec, a division of Sharika Enterprises, a technical knowledge based consultancy and training company engaged in Design & Development of Smart Grid Technologies, to convert conventional power system into flexible power system through innovative solutions. This triparty collaboration will establish, at the MSRIT campus in Bengaluru, the JSW Centre of Excellence (JSW-COE) for Smart Grid technologies. According to the Agreement signed, JSW Group shall provide financial grant to the JSW-COE, MSRIT shall actively take on the pivotal role of establishing and hosting the JSW-COE and Sharika Smartec will be its knowledge partner and support in establishing, operating and maintaining the JSW-COE.

All the three parties to the MOU will leverage the collective strength of society to propel continuous learning, skill development and knowledge enhancement for operations staff, engineers and managerial professionals. The Centre of Excellence will provide a robust platform for learning, training, and development through the JSW Centre of Excellence. This state-of-the-art Centre of Excellence is expected to introduce a radical change in learning & training modules by offering ‘Lab as a Service’ to the next generation of engineering professionals, supporting startups while providing testing as well as consultative support. It will drive continuous learning, skill development, and knowledge enhancement in the rapidly evolving field of power systems.

With the advent of AI, deep learning, big data, blockchain, networking, and automation, the demand for innovative interventions in power and energy systems has become significantly critical. The JSW Centre of Excellence at MSRIT will cater to this need by providing advanced learning, design, development, and implementation capabilities in Smart Grid or Flexible Power Systems.

Focusing on Smart Grid Power System training while equipping engineers, graduates and technical staff with advanced skills and knowledge, the JSW Centre of Excellence at MSRIT will facilitate the upgrading and production of skilled manpower. In order to address the evolving needs of the industry, it will foster professional development within the energy sector.

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