Hello Aspirant, Initially PEC was under the Punjab government as it's name is Punjab engineering college. But now it takes the student on the basis of Gate exam. Now it takes competition with the IIT and NIT. But it is not going to change in any IIT.

I hope this will help you. 

Hi!
PEC is one of the great institute of north india. ECE is quite good over there. for more information about PEC you can find it over the below link provided:

https://www.careers360.com/university/punjab-engineering-college-chandigarh

Thankyou