College of Engineering, Pune has been selected under TEQIP-II, a World Bank funded project. College has received sanction of Rs. 12.5 crores under TEQIP II for enhancing PG education. The Institute has been identified as one of the best governed institutes and is the only institute to have received two Centres of Excellence namely
(i) Signal and Image Processing
(ii) Smart Renewable Energy Systems
in the whole country.