11- MoUs-Signed-during-PETROTECH-2016

11-MoUs-Signed-Web Portals- of 3-Start-Up- Funds-Launched,-Books-and- Knowledge- Papers -Released- during- PETROTECH- 2016 . In the Petrotech-2016, on the last day today 11 memorandum of Understanding were signed, including a consortium agreement between IOCL, BPCL and HPCL, intending to set up India’s biggest oil refinery cum petrochemical complex with a ~60

MMTPA capacity along the western Coast of India in the State of Maharashtra, and for setting up 5 2G ethanol plants in various parts of the country. Union Ministers Shri Nitin Gadkari, Shri Piyush Goyal, Shri Anil M. Dave and Shri Dharmendra Pradhan were present during the ceremony. Following is the list of agreements signed today:

MoU signed between	MoU Title	Purpose
IOCL, BPCL and HPCL	Consortium Agreement  between IndianOil as Lead Member and HPCL & BPCL in relation to pre-project activities for establishment of West Coast Refinery and Petrochemicals Project through creating a joint venture company amongst the Parties	A consortium of IndianOil, BPCL and HPCL intends to set up India’s biggest oil refinery cum petrochemical complex with a ~60 MMTPA capacity along the western Coast of India in the State of Maharashtra. The parties intend to enter into a Consortium Agreement with IndianOil as Lead Member and HPCL & BPCL as other partners in relation to pre-project activities for establishment of West Coast Refinery and Petrochemicals Project through creating a joint venture company amongst the Parties.
OIL and Technology Incubation Centre, IIT Guwahati	MoU with IIT, Guwahati for supporting OIL’s start up initiative	‘Start-Up India’ initiative was launched by the Prime Minister of India on January 16, 2016.  The initiative aims at fostering entrepreneurship and promoting innovation by creating an ecosystem that is conducive for growth of Start-ups. Under this MoU, Technology Incubation Centre (TIC), IIT-G will serve as an incubator with respect to housing and mentoring start-ups as per OIL Start-Up Initiative
ONGC and IIT Mumbai	MoU with IIT, Mumbai for supporting ONGC’s Start-Up Initiative	ONGC has launched a Rs. 100 crore start up fund on its diamond Jubilee year to foster, nurture and incubate new ideas related to oil & gas sector. The initiative, christened as ‘ONGC Start Up’ is in-line with GoI initiative ‘Start Up India’.  This MoU intends to prepare a Roadmap for ONGC’s Start Up Initiative which will work on problems related to the energy sector and for enhancing the operational capabilities of ONGC.
ONGC and Halliburton	MoU between ONGC and Halliburton	The purpose of this Summary of Understanding (SoU) is for Production Enhancement Contract in Kalol field in Gujarat.
ONGC and Schlumberger	MoU between ONGC and Schlumberger	The purpose of this SoU is for Production Enhancement Contract in Geleki field in Assam. The terms of the SoU are primarily governed by suggested Hydrocarbon Vision 2030 for North East India.
IOCL and M/s Praj Industries Ltd.	Binding MOU (Cost sharing Agreement) for development of Ligno-Cellulosic Ethanol Plants.	IOCL is planning to set up a 2G biomass to ethanol plant at Dahej, Gujarat with a capacity of 100 KL / day. The plant is expected to yield around 3.3 crore litres of ethanol per year which is sufficient to fulfill 23% of the ethanol blending requirement of the state. The plant is expected to generate an indirect employment for more than 1,000 people in nearby vicinity and shall help in addressing the environmental concerns.
IOCL and M/s Praj Industries Ltd.	Binding MOU (Cost sharing Agreement) for development of Ligno-Cellulosic Ethanol Plants.	IOCL is planning to set up a 2G Biomass to Ethanol plant at Panipat, Haryana of 100 KL per day capacity. The plant is expected to yield around 3.20 crore litres of ethanol per year which is sufficient to fulfill 25% of the ethanol blending requirement of the state. The plant is expected to generate an indirect employment for more than 1,000 people in nearby vicinity and shall help in ameliorating the environmental concerns.
BPCL and Institute of Chemical Technology	MoU for Technology Transfer for setting up of 2G Biomass Ethanol Bio-refinery at Bina, M.P.	BPCL is setting-up 2G Biomass Ethanol Bio-refinery in Bina, MP with a capacity to process 400 tonnes/day of Biomass (equivalent to 100 KL/ day of ethanol generation capacity). The plant is expected to produce around 3.20 crore litres Ethanol/ year which is sufficient to meet 22% of the blending requirement of state.  It is estimated that the plant will provide an indirect employment to 1,000 people and the plant is expected to be commissioned in December, 2018.
BPCL and M/s Praj Industries Ltd.	MoU for Technology Transfer for setting up of 2G Biomass Ethanol Bio-refinery at Bargarh, Odisha	BPCL is setting-up 2G Biomass Ethanol Bio-refinery in Bargarh, Odisha with a capacity to process 400 tonnes/day of Biomass (equivalent to 100 KL/ day of ethanol generation capacity). the plant is expected to produce around 3.20 crore litres Ethanol/ year which is sufficient to meet 45% of the blending requirement of the state. The plant is expected to be commissioned in December, 2018.
HPCL and Department of Investment Promotion, Govt. of Punjab	MoU for setting up 2ndGeneration Ethanol Bio-refinery	A 100 KL per day capacity Second Generation Ethanol plant is proposed to be set up by HPCL in Bhatinda, Punjab. Plans for undertaking the foundation stone ceremony for the same are underway. The proposed plant is expected to utilize approx. 1,40,000 tonnes of biomass per year and yield 3.2 crore litres of ethanol sufficient to meet around 26 %  of ethanol blending requirement of the state. The plant will also help in abatement of environmental concerns due to burning of Biomass in state.
HPCL and Institute of Chemical Technology	MoU with Technology provider for 2ndGeneration Ethanol Bio-refinery	This purpose of this MoU is to explore technology tie-up for the proposed  Second Generation Ethanol plant at Bhatinda.

Portal were also launched by ONGC, OIL and IOCL under “Start-Up India”. ‘Start-Up India’ initiative was launched by the Prime Minister of India on January 16, 2016.  The initiative aims at fostering entrepreneurship and promoting innovation by creating an ecosystem that is conducive for growth of Start-ups.  In pursuance of this, the CPSEs under the Ministry of Petroleum and Natural Gas were directed to facilitate/ create an Innovation ecosystem and promote Start –Ups in their respective fields through various means including setting up of incubation centres. The CPSEs have committed over Rs 300 crores funding for encouraging and supporting Start Ups. In order to attract the best talent, the CPSEs launched websites/portals on the same, with the aim of helping build and nurture a successful Start Up ecosystem

Following Books and knowledge papers launched on the last day at PETROTECH-2016:

1)      “EYE ON INDIA ENERGY 2016”. Produced in collaboration with MEA, Invest India, Petrofed and FICCI

EYE ON India Energy 2016 report, realized in cooperation with MoP&NG, MEA, PetroFed, Invest India, and FICCI. The report highlights new policies like HELP, the opportunities of developing a gas-based economy and the nation’s commitment to source 40% of its energy from non-fossil fuels. It will be followed by the launch of a digital energy platform on India in the first half of 2017. To facilitate global access to information on India, both the report and the portal are accessible worldwide and free of charge.

2)      McKinney’s Knowledge Paper

McKinney released a knowledge paper titled ‘Transforming energy to transform India’. The paper models various energy scenarios for 2030 and lays a potential roadmap for the most favourable scenario for India, including action steps various stakeholders can take in an uncertain environment.

3)      First 100 days - by Ms. Shuva Raha

This is neither an autobiography nor history in hindsight. This is a kaleidoscope of Mr Subir Raha’s First 100 Days in ONGC, which were drastic, sweeping and relentless. Mr Raha says that the teams of ONGC, ONGC Videsh, MRPL and the Ministry – achieved many successes. He has written about his successes and unfinished projects, however, mentions that the team had reached a point when these targets were credible. Mr Raha worked on the manuscript till his last days, often dictating parts from his hospital bed in the ICU. He passed away before he could publish the book.

4)      Oil: Lighting up our lives by D.K. Taknet

Oil: Lighting up our lives unfolds a worldwide view of history of the discovery, development and uses of oil, the global oil industry, how the geopolitics of oil and its availability has transformed the fate of nations, and the multifaceted role that it plays in our everyday lives.