Oil & Natural Gas Corporation Ltd.

Oil and Natural Gas Corporation (ONGC) and Pan-IIT entered into a memorandum of collaboration (MoC) to work towards a collective R&D Programme for developing indigenous technologies to enhance exploration and exploitation of hydrocarbons and alternate sources of energy. This step has been taken responding emphatically to the Prime Minister Narendra Modi’s ‘Make in India’ initiative.

Pan IIT is a consortium of seven premier Indian Institutes of technology institute namely, IIT-Kharagpur, IIT-Kanpur, IIT-Madras, IIT-Mumbai, IIT-Delhi, IIT-Guwahati and IIT-Roorkee.

ONGC is an Indian multinational oil and gas company headquartered in Dehradun, India. It is India’s largest oil and gas exploration and production company. It produces around 69% of India's crude oil (equivalent to around 30% of the country's total demand) and around 62% of its natural gas.