CSIR and OIL sign an umbrella Memorandum of Understanding (MoU)
1. Introduction The Council of Scientific and Industrial Research (CSIR) and Oil India Ltd. (OIL) have signed an umbrella Memorandum of Understanding (MoU) to pursue technological partnership in select domains across the energy value chain.
2. Objectives of the MoU The primary objective of this MoU is to facilitate collaboration between CSIR and OIL in pursuing research in advanced technologies for energy security. The collaboration would be mutually beneficial and useful for the country and its citizens in the long run.
3. Identified areas for Joint R&D activities The MoU has identified several areas for Joint R&D activities and technology partnership, which include reducing environmental pollution and bioremediation, waste treatment including oil separation and recovery from wastewater and waste sludge, extraction of Lithium and Rare Earth Elements from Oilfield Water, stranded natural gas to fuel molecules, decarbonization, and net-zero targets.
4. Remarks by Officials On the occasion of signing the MoU, Dr. Ranjit Rath, CMD, OIL, said that the present MoU would open the gateway for collaboration with all the labs of CSIR, and collaboration with CSIR would play a catalytic role in achieving OIL’s objectives in mission mode. DG, CSIR, Dr. N Kalaiselvi expressed that CSIR is known for its capabilities and competency in Industrial R&D and this collaboration would not only be mutually rewarding but also beneficial for the country and the common man in the long term.
5. Capacity Building and CSR funding Both organizations have also agreed to work towards capacity building through training and skill development. OIL would also consider providing Corporate Social Responsibility (CSR) funding support towards achieving Sustainable Development Goals, Aspirational Districts, Rural Development, Govt missions/initiatives, etc.