ExxonMobil to collaborate with Indian research universities on biofuels
The five-year agreements between ExxonMobil and the Indian university will specifically focus on professing research in biofuels and bio-products, gas transport and conversion, climate and environment, as well as low-emission technologies for the power and industrial sectors.
“These agreements will give us a better understanding of how to progress and apply technologies in India, and develop breakthrough lower-emissions solutions that can make a difference globally,” said Vijay Swarup, vice-president of research and development at ExxonMobil Research and Engineering Company.
Both IIT Madras and IIT Bombay are public engineering institutes recognised in India for their leadership in engineering, education and research. The IIT network has 23 institutes, each of which is autonomous but linked through a common council.
"IIT Madras is committed to providing sustainable solutions in the energy, chemicals and waste management sectors, and I am confident about our collaboration with ExxonMobil to achieve these goals," added Professor Ravindra Gettu, dean of industrial consultancy and sponsored research of IIT Madras.
“IIT Bombay values its relationship with ExxonMobil and the cause associated with it,” noted Professor Milind Atrey, dean of research and development at IIT Bombay. “We are sure that this relationship will be long lasting and yield fruitful results.”
These latest collaborations build on a series of partnerships established by ExxonMobil to progress innovative, lower-emissions research programmes with over 80 universities, five energy centres and numerous private sector partners around the world.
Since 2000, the company has spent $10 billion (€9 billion) developing lower-emission energy solutions.