Innovation Challenge 2010 finds sharpest engineering mind in PSG College of Technology, Coimbatore

Winner receives a cash prize of Rs. 2,50,000/- 1st and 2nd runner up get cash prize of Rs. 1,50,000/- and Rs. 1,00,000/- respectively

New Delhi, Delhi, December 7, 2010 /India PRwire/ -- Innovation Challenge 2010, a five-month long search by Schneider Electric India, a global specialist in energy management, for the sharpest engineering minds from more than 350 participating engineering colleges from 15 Asian countries ended today with PSG College of Technology, Coimbatore emerging as the winner. The winner was awarded a cash prize of Rs. 2,50,000/.-, and 1st and 2nd runner up got a cash prize of Rs. 1,50,000/- and Rs. 1,00,000/- respectively.

The final battle of brains took place at Schneider Electric's global R&D centre in Bangalore. National University Singapore stood 2nd and College of Engineering and Technology from Bhubaneswar came 3rd in the competition. In the final round, 14 shortlisted teams from Asia competed against each other for the coveted title. Each team was allotted 20 minutes for their prototype demonstration and another 10 minutes for Q&A.

The winning team from PSG College of Technology presented a white paper on 'Solar Pond assisted by the building air conditioning units to generate power to cater the building's power requirements.'

Speaking on the success of the competition Mr. Pascal Brosset, Sr. VP - Innovation, Schneider Electric said, "Through Innovation Challenge, we are trying to encourage students to showcase their brilliance in engineering and build a commitment to research and development. We received phenomenal response from colleges this year. The fact that the competition became global this year and saw participation from 15 Asian countries testifies to its success."

Innovation Challenge is a competition for undergraduate engineering students, with different themes proposed every year. This year's theme was "Energy Efficient Buildings". The teams were judged by a panel of eminent judges from corporate and academia. The participants were evaluated on the basis of quality of innovation, technical feasibility of solution, alignment to the contest theme, and the proof of concept given.

Innovation Challenge invites students to display creativity and simplicity in solutions to the given problem, and in doing so, compete with the best engineering minds across countries. It also seeks to build commitment to research and development and a feel for the real issues confronting organizations.

Countries Participated - India, Malaysia, Taiwan, China, Singapore, Sri Lanka, UAE, Hong Kong, Pakistan, South Korea, Nepal, Bangladesh, Moratuwa, Peradeniya (Kandy), and Ruhuna

Number of foreign universities - 79, Number of Indian universities - 300+

Notes to Editor

About Schneider Electric

As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in energy and infrastructure, industrial processes, building automation, and data centres/networks, as well as a broad presence in residential applications. Focused on making energy safe, reliable, and efficient, the company's 100,000+ employees achieved sales of more than 15.8 billion euros in 2009, through an active commitment to help individuals and organisations "Make the most of their energy". www.schneider-electric.com

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