Construction Industry News
The JSW Group, valued at $24 billion, has signed a tripartite memorandum of understanding (MOU) with MS Ramaiah Institute of Technology (MSRIT) and Sharika Smartec. MSRIT is an autonomous private engineering institute affiliated with Visvesvaraya Technological University and approved by the State Government of Karnataka. Sharika Smartec is a division of Sharika Enterprises, a consultancy and training company specializing in the design and development of smart grid technologies. This collaboration aims to transform conventional power systems into flexible power systems through innovative solutions.
The partnership will establish the JSW Center of Excellence (JSW-COE) for Smart Grid Technologies at the MSRIT campus in Bengaluru. According to the agreement, the JSW Group will provide financial support to the JSW-COE. MSRIT will play a crucial role in establishing and hosting the center, while Sharika Smartec will act as the knowledge partner, assisting in the establishment, operation, and maintenance of 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 Center of Excellence will provide a robust platform for learning, training, and development through the JSW Center of Excellence. This state-of-the-art Center 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 & energy systems has become significantly critical. The JSW Center 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 Center 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.
Located at M S Ramaiah Nagar, MSRIT Post, Bengaluru – 560054, the JSW Center of Excellence will serve as a hub for innovative research, training, and development in power systems, ultimately contributing to the growth and advancement of the industry.
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