Subrahmanyan Chandrasekhar (1910-1995) was an Indian- American astrophysicist who was awarded the 1983 Nobel Prize for physics for his theory of black hole. He worked in various areas including plasma physics. Plasma physics community is benefited from his works through his textbooks such as "Principles of stelar dynamics (1942)", "Plasma Physics (1975)", "Hydrodynamics and Hydromagnetic stability (1981)".
 In 2014, we have established the Division of Plasma Physics under AAPPS. Asia-Pacific region is rapidly growing economically and scientifically. A large number of new programs on various fundamental and applied aspects of plasma physics are emerging in several countries of Asia and the Pacific regions. Young people taking up careers in plasma science in these regions look forward to the prestige of recognition by their peers and this becomes more equitable when your peers are intimately familiar with your work. This will also give a "sense of accomplishment" to the Asia-Pacific region as a whole because the body of significant work already pioneered by the Awardees will be ascribed to this region. The Executive Committee of division of plasma physics after consultation to I-HAC (International Honorary Advisory Committee) decided to establish Plasma Physics Prize after S. Chandrasekhar to recognize seminal/pioneering works in this field. 

　　 The Chandrasekhar Prize is awarded by the Division of Plasma Physics of the AAPPS to recognize outstanding contributions to experimental and/or theoretical research in fundamental plasma physics and plasma applications in all fields of physics.

i) Rule: This Prize will be given to an AAPPS-DPP member who has made seminal / pioneering contribution to any field of plasma physics or plasma applications as stated above.
ii) Nomination: Necessary documents and time schedule for nomination will be announced in the DPP home page. DPP seeks outstanding nominations worldwide and especially from the Asia-Pacific region.
iii) Selection: Selection will be made by the Chandrasekhar Prize Selection Committee annually.
iv) Selection Committee: DPP-ExCo will appoint Chair and members of selection committee taking into account of the I-HAC recommendations.
v) Award Ceremony: Certificate, Medal and a cash award will be bestowed to the awardees at the APPC conference held every three years.
vi) Obligations: Chandrasekhar awardees should deliver invited talks in the APPC as well as contribute review papers to the DPP journal.   

3. Call for Sponsorship and Contribution

　Division of Plasma Physics (DPP) seeks the official sponsorship by any organizations and personal contributions in support of above prospectus. Contribution will be used for DPP operation and awards. Official sponsorship by the organization will be recorded in the diploma of DPP Awards and the home page. Official sponsorship shall be one or more units in the US $ 5, 000.  You may visit AAPPS-DPP HP at http://aappsdpp.org/AAPPSDPPF/index.html.