(THE NEWSMAN OF INDIA.COM)
New Delhi, February 22, 2023: Engineers India Limited (EIL), ONGC Energy Centre Trust (OECT) and CSIR-IIP have signed a Memorandum of Agreement (MoA) for development and commercialization of technology for Recovery of Rare Gases from fossil fuel reserves.

The MoA was signed by Rajiv Agarwal, Director (Technical), EIL, Ravi, DG, OECT and Dr Anjan Ray, DG, CSIR-IIP on 27th January, 2023 in the presence of Ms. Vartika Shukla, CMD, EIL, accompanied by Functional Directors of EIL and other officials from EIL,OECT & CSIR-IIP. All three organizations, recognizing similarity of their interests, have entered into the MoA for scientific collaboration on Joint Development and Commercialization of Technology.

This endeavor will generate a win-win scenario for EIL, with a rich experience in the knowhow in development, design & engineering, CSIR-IIP, having vast experience in the field of petroleum refining, catalyst and product applications and OECT having wide experience in conducting research in alternate energy.

Commenting on this development, CMD (EIL), DG (OECT), DG (CSIR-IIP) viewed that “This collaborative arrangement is one of major steps taken for indigenous technology development and deployment leading to Aatmanirbhar Bharat in the field of rare gases.”