Home » Business » MoU for setting up Centre of Excellence in Oil, Gas and Energy signed between IIT Bombay and PSU Oil Companies.
The Union Minister for Petroleum & Natural Gas and Skill Development & Entrepreneurship, Shri Dharmendra Pradhan witnessing the signing ceremony of a Memorandum of Understanding for Centre of Excellence in Oil, Gas and Energy between IIT Bombay and PSU Oil Companies, in New Delhi on January 02, 2019. The Secretary Ministry of Petroleum & Natural Gas, Dr. M.M. Kutty and other dignitaries are also seen.

MoU for setting up Centre of Excellence in Oil, Gas and Energy signed between IIT Bombay and PSU Oil Companies.

Newdelhi:2/1/19:A Memorandum of Understanding(MoU) for setting up Centre of Excellence in Oil, Gas and Energy was signed between Director, IIT Bombay and CMDs of PSU Oil Companies and EIL here today. Union Minister of Petroleum & Natural Gas and Skill Development & Entrepreneurship Shri Dharmendra Pradhan and Secretary, Ministry of Petroleum and Natural Gas Dr M.M.Kutty graced the occasion.

Speaking on the occasion, Shri Dharmendra Pradhan said 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. He said that energy is the prime requirement for all activities in the modern world. Indian appetite for energy is increasing day by day, and we have to provide for clean, affordable and accessible energy sources. He said that there is need for mass production through domestic sources, and distribution through decentralization. Shri Pradhan said that the technological and industrial changes are happening very fast, and the coming together of the Academic and Industrial organizations gives best results. He said that there is need to put academic research in the entrepreneurial mode, so that results are effective. The Minister said that MoU should be outcome based and must have roadmap for deliverables, and it should set examples for others. He said that India is a large energy market, and effort should be made to develop our own petroleum standards. We should strive to be leaders in Biomass conversion and Hydrogen based energy. IIT Bombay, being the premier institute, should provide the missing link and help in evolving new strategies in the sector, he added.

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. It will work towards developing sustainable solutions and explore new frontiers in technology for future energy needs.  The Centre of Excellence will leverage the expertise available with IIT Bombay and theOil 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.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
x

Check Also

16th edition of Young Astronomer Talent Search kicked off

Bhubaneswar:1/7/22: The 16th edition of Young Astronomer Talent Search (YATS), kicked off on Friday. Organised by Tata Steel in collaboration with Pathani Samanta Planetarium, Bhubaneswar, YATS aims to identify and ...