Bangalore, Nov 4: Schneider Electric India, a subsidiary of Scheider Electric Industries on Tuesday, Nov 4, announced the fourth edition of 'Innovation Challenge 2008,' a contest to explore budding engineering talent in the country.
The primary object of this contest was to make students think 'out of the box' and provide an opportunity to come up with innovative solutions to key energy-related issues. The books identified are ''Electrification of rural areas at low cost, Innovative solutions to optimize energy usage and Web and Wireless technologies to measure, monitor and control energy,'' a company release said here today.
The contest was open to engineering colleges across the country and students from all engineering disciplines are eligible to participate.
Participating teams need to send their solutions in the format given on the Innovation Challenge website before November 16.
The top winning team will be awarded a cash prize of Rs 1,00,000, followbed by a second prize of Rs 75,000 and third prize of Rs 50,000, the release added.