R K Chaturvedi, Executive Director, PFC and Debi Prasad Dogra, Independent Director, IIT Bhubaneswar signed the MoU in the presence of Dharmendra Pradhan, Union Education Minister, Prof Shreepad Karmalkar, Director, IIT Bhubaneswar and other officials of the Ministry of Education, PFC and IIT Bhubaneswar. 

The MoU lays the foundation for collaboration on projects of mutual interest through joint research initiatives, training & capacity-building initiatives with a focus on sectors related to power, logistics and infrastructure.