ONGC signs pact with IITs to develop indigenous technology
India-'s largest oil producer ONGC has signed an agreement with seven IITs for developing indigenous technologies to enhance exploration and...
New Delhi: India's largest oil producer ONGC has signed an agreement with seven IITs for developing indigenous technologies to enhance exploration and production of hydrocarbons and alternate energy sources. The industry-academia collaboration is aimed at bolstering 'Make in India' campaign in energy sector, ONGC Chairman and Managing Director Dinesh K Sarraf said here.
ONGC signed the Memorandum of Collaboration (MoC) with Pan-IIT, a consortium of seven premier Indian Indian Institutes of Technology - IIT-Kharagpur, IIT-Kanpur, IIT-Madras, IIT-Mumbai, IIT-Delhi, IIT-Guwahati and IIT-Roorkee.
"Under the MoC, ONGC's R&D Institutes and the IITs shall jointly undertake advanced research and development projects for the E&P sector of the country in general and oilfield specific activities of ONGC in particular," he said. The MoC also ideates promoting internships, visiting and adjunct faculty programs, research oriented career programmes through an ONGC Scholar Programme.
Within the ambit of this collaboration, while ONGC will make its high-tech laboratories available to students and research scholars of IITs, ONGC geoscientists and engineers will also have the opportunity of working with IITs, he said. Prof Partha P Chakrabarti, Coordinating Director for the Pan-IIT Forum, said seven thematic research areas in the domain of geoscience, reservoir characterization, enhanced production of oil and gas, exploiting unconventional sources of hydrocarbons, software development, engineering solutions and alternate energy resources have been identified. Sarraf said the collaboration was in response to Prime Minister Narendra Modi's call for Make in India and develop indigenous technologies.