EIL & CSIR-IIP join hands for joint development of new technologies

• EIL & CSIR-Indian Institute of Petroleum (CSIR-IIP) join hands for joint development of new technologies

• Both will jointly develop and license indigenous technologies

New Delhi: In a move towards achieving self-reliance in the field of new technologies; Engineers India Limited (EIL) and CSIR-Indian Institute of Petroleum (CSIR-IIP) have come forward and signed an agreement. In an official statement, EIL said that it has signed a memorandum of understanding (MoU) for development and commercialization of new technologies in the petroleum industry. The MoU has been signed by CSIR-IIP's Dr Anjan Ray and EIL's Chief General Manager & Head of R&D Division Suresh Chandra Gupta on October 30 in the presence of EIL's Director (Technical) Vartika Shukla.

Under the MoU, EIL and CSIR-IIP will jointly develop and license indigenous technologies. Besides enriching EIL's and IIP's technology portfolios, this MoU will mark a significant step in the direction of the government's "Atmanirbhar Bharat" initiative.

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Engineers India Limited (EIL)

EIL is one of India's leading Engineering Consultancy and EPC companies in the areas of Hydrocarbons and Petrochemicals. The Company has over five decades of project execution experience across entire Oil & Gas value chain encompassing  Petroleum Refining, Petrochemicals, Pipelines, Oil & Gas Processing and Terminals & Storages. The Company has also diversified into the areas of Fertilizers, Mining & Metallurgy, Infrastructure and Water & Waste Management. EIL has successfully expanded its operations internationally and has provided a wide range of engineering consultancy services on various international projects, including in the Middle East, Africa and South & Central Asia.

CSIR- Indian Institute of Petroleum

The Indian Institute of Petroleum, one of the constituent laboratories under the umbrella of Council of Scientific & Industrial Research (CSIR), was established on September 26, 1960. The Institute has continued its efforts to grow into an internationally renowned R&D organisation, providing quality research and innovative technologies for the national and international market place and to produce technical support to the industry. Accredited with ISO 9001: 2015 certificate, Institute is devoted to multidisciplinary areas of research and development in the downstream sector of hydrocarbon and related industry.

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