Guwahati: IIT Guwahati is going to collaborate with Oil India Limited (OIL) on the development and introduction of new technologies in energy and related sectors.

The partnership will also focus on cooperation in the transfer of existing technologies, knowledge upgrading and innovation partnership, training and skill development, and other areas of mutual agreement.

An MoU to this effect was signed on Thursday by Prof TG Sitharam, Director, IIT Guwahati, and Sasanka Pratim Deka, Executive Director, Oil India Limited, in the presence of institute faculty and OIL executives. They will work together to catalyze innovation and growth in technology.

Outlining the benefits and future prospective of the MoU, Prof Sitharam said that the MoU would facilitate a new path for exploring various opportunities in applied and translational research for the sustainable energy sector with OIL.

"IIT Guwahati is among the few top institutions in India that are dedicated to developing state-of-the-art technologies and skilled manpower in the field of petroleum and its allied industries. lied industries," he added. Prof Sitharam said that from now onwards oil and gas industries like OIL would greatly benefit by developing indigenous technologies and the joint research activities should be inclined in such a way that it reaches the common people of India and pave the pathway for the uplift of society.

"IIT Guwahati is now aggressively working with industries for challenging research and innovation problems aligning with Atma Nirbhar Bharat Mission," he added.

Collaboration between industry and academia is mutually beneficial, as it provides the industry work-ready talent with specialized knowledge and practical training while academia benefits by having opportunities to work on relevant technologies and challenging problems.

Deka in his remarks said that OIL firmly believed that the MoU would facilitate a quantum jump in the efficiency in the process, thereby contributing to profitability.

"This is just the beginning and OIL looks forward to a bright future by collaborating with IIT Guwahati," he added.

The Engineering Service Group of Oil India Limited. constitutes mainly core engineering department(s) like electrical, civil, field engineering, instrumentation, field communication, information technology, and logistics. The Engineering Service Group provides various essential engineering services to the main areas like exploration, drilling, and production of crude oil and natural gas, transportation of crude oil, and production of LPG in addition to the company's other business avenues.