New Delhi: The National Research Development Corporation (NRDC) and the Oil and Natural Gas Corporation (ONGC) have signed a Memorandum of Understanding (MoU) to strengthen collaboration in technology evaluation, development, transfer and commercialisation.
The agreement, exchanged in Dehradun, is aimed at promoting greater cooperation between the two organisations and supporting the commercialisation of innovative technologies in the energy and related sectors.
NRDC-ONGC MoU to Promote Technology Commercialisation
The partnership will create a framework for collaboration between NRDC and ONGC in identifying and advancing technologies with commercial potential.
Key areas covered under the MoU include:
- Technology evaluation
- Technology development
- Technology transfer
- Commercialisation of innovative technologies
- Supporting market-ready solutions in the energy sector
The collaboration is expected to help translate research and technological developments into solutions that can be adopted for commercial applications.
MoU Exchanged in Dehradun
The MoU was exchanged by Commodore Amit Rastogi (Retd.), Chairman and Managing Director, NRDC, and Tarun Kumar Mathuria, Executive Director & Chief of Institute, KDMIPE, ONGC, Dehradun.
The exchange took place in the presence of Om Prakash Sinha, Director (Exploration), ONGC, along with senior officials from both organisations.
Partnership to Bridge Research and Market Applications
The NRDC-ONGC collaboration is expected to help bridge the gap between research outcomes and market-ready solutions.
By facilitating technology evaluation, development and transfer, the partnership can support the movement of innovative technologies from research and development stages towards wider commercial use.
The initiative is particularly relevant to the energy sector, where the adoption of innovative technologies can contribute to improved capabilities and new solutions.
Collaboration to Support Innovative Energy Technologies
The MoU strengthens institutional cooperation between NRDC and ONGC and provides a framework for exploring technologies that can have commercial applications.
The partnership is expected to contribute to the broader objective of encouraging technology commercialisation and supporting innovative solutions in the energy and related sectors.
About NRDC
National Research Development Corporation (NRDC) is a Government of India enterprise under the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology. It works to facilitate the transfer and commercialisation of technologies developed through research institutions.
About ONGC
Oil and Natural Gas Corporation Limited (ONGC) is a Maharatna Central Public Sector Enterprise under the Ministry of Petroleum and Natural Gas, Government of India. It is India’s largest exploration and production company and is engaged in the exploration and production of crude oil and natural gas across onshore and offshore assets in India, along with international operations through its subsidiaries.
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