Wow - great to see IIT taking the lead on this. This can dramatically advance the engineering education across India. Of course the limiting factor in MOOCs is student attention. You still need to put in the time to learn.
http://coursebuffet.com/s/0/0/nptel/0
Here are all the courses that are full courses. On NPTEL some of the courses are just notes. We went through it all so you don't have to.