MoU for Setting Up Centre of Excellence in Oil, Gas and Energy Signed (Download PDF)

()

Download PDF of This Page (Size: 512.66 K)

To provide a competitive advantage to India’s Oil and Gas industry, Oil & Gas PSUs and IIT Bombay have come together to set up a “Centre of Excellence in Oil, Gas and Energy”. The Centre of Excellence is aimed at collaborative Research & Capability Building in the areas of Oil, Gas & Energy.

Image Of The Center Of Excellence

Image Of The Center Of Excellence

Image Of The Center Of Excellence

Aim

  • It will work towards developing sustainable solutions and explore new frontiers in technology for future energy needs.

About the Center of Excellence

  • The Centre of Excellence will leverage the expertise available with IIT Bombay and the Oil and Gas industry.

  • It will also provide an institutionalised platform for Industry - Academia interactions.

  • The Centre of Excellence is expected to help in fostering innovations and help in developing a future ready energy industry in the Country.

Details About the MoU

  • The Memorandum of Understanding (MoU) was signed at Delhi between Director, IIT Bombay & CMDs of Oil PSUs (IOC, BPC, HPC, ONGC, GAIL, EIL & OIL).

  • The MoU will meet the need of the Mission Green, as it will encourage Research and development in the sector and also do the capacity building.

About IIT Bombay

  • The Indian Institute of Technology Bombay is a public engineering institution located at Powai, Mumbai, India. IIT Bombay was founded in 1958. In 1961, the Parliament decreed IITs as Institutes of National Importance.

  • Address: Main Gate Rd, IIT Area, Powai, Mumbai, Maharashtra 400076

  • Campus: Urban

  • Director: Devang Vipin Khakhar

Indian Oil Corporation Limited

  • Indian Oil Corporation Limited, commonly known as IndianOil is an Indian state owned oil and Gas Company with registered office at Mumbai and primarily headquartered in New Delhi. It is the largest commercial oil company in the country, with a net profit of INR 19,106 crore for the financial year 2016–17.

  • Headquarters: New Delhi

  • Chairperson: Sanjiv Singh

  • Founded: 1964

Bharat Petroleum Corporation Limited

  • Bharat Petroleum Corporation Limited is a Government of India controlled Maharatna oil and Gas Company headquartered in Mumbai, Maharashtra.

  • The Corportion operates two large refineries of the country located in Mumbai and Kochi.

  • Headquarters: Mumbai

  • CEO: D. Rajkumar (1 Oct 2016–)

Oil and Natural Gas Corporation

  • Oil and Natural Gas Corporation is an Indian multinational oil and gas company earlier headquartered in Dehradun, Uttarakhand, India. As a Corporation

  • Headquarters: Vasant Kunj, Delhi

  • CEO: Shashi Shanker (1 Oct 2017–)

  • Owner: Government of India

Hindustan Petroleum Corporation Limited

  • Hindustan Petroleum Corporation Limited is an Indian state-owned oil and natural gas company with its headquarters at Mumbai, Maharashtra. It has about 25 % market-share in India among public-sector companies and a strong marketing infrastructure.

  • Headquarters: Mumbai

  • Chairperson: Mukesh Kumar Surana

  • CEO: Mukesh Kumar Surana (1 Apr 2016–)

  • Parent organization: Oil and Natural Gas Corporation

Gail Limited

  • Gail Limited is the largest state-owned natural gas processing and distribution company in India. It is headquartered in New Delhi.

  • Headquarters: New Delhi

  • CEO: Sh B. C. Tripathi (1 Aug 2009–)

  • Founded: August 1984

  • Owner: Government of India

Engineers India Limited

  • Engineers India Limited is a Navratna public-sector undertaking of the Government of India under the Ministry of Petroleum and Natural Gas.

  • It was set up in 1965 to provide engineering and related technical services for petroleum refineries and other industrial projects.

  • Headquarters: India

  • Founded: 1965

  • Key people: J C Nakra, Chairman and Managing Director

  • Subsidiary: Certification Engineers International Limited

- Published/Last Modified on: February 27, 2019

Committees/Govt. Bodies

Monthy-updated, fully-solved, large current affairs-2019 question bank(more than 2000 problems): Quickly cover most-important current-affairs questions with pointwise explanations especially designed for IAS, NTA-NET, Bank-PO and other competetive exams.