Chennai : Indian Institute of Technology-Madras is partnering with Power Grid Corporation of India to launch a scholarship programme for meritorious B Tech students from economically weaker sections. The Power Grid Corporation of India is contributing Rs 10.5 crore towards creating a scholarship fund as part of its Corporate Social Responsibility (CSR) initiatives. This fund would support deserving students at IIT Madras, covering their tuition fees through merit-cum-means scholarships. This is the highest single contribution that IIT Madras has received for scholarships under CSR in the financial year 2021-22,’ said a press note.
Speaking on this occasion, Prof V Kamakoti, Director, IIT Madras, said, ‘IIT Madrasā motto is to be an āInstitute for all.ā Initiatives like the BSc degree programme and scholarships for deserving students, have made IIT Madras more accessible for everyone. The institute records its sincere thanks to Power Grid. Prof Mahesh Panchagnula, Dean (Alumni and Corporate Relations), IIT Madras, said, ‘we are grateful to Power Grid Corporation of India for this generous support of scholarships for economically weaker students. They are most deserving of this support, since it is by their sheer hard work that they have made it into this institution.’