The Lok Sabha on Friday took up for discussion the Indian Institute of Petroleum and Energy Bill, 2017.
Moving the bill, Petroleum and Natural Gas Minister Dharmendra Pradhan said the institute, which will be located at Vishakhapatnam, aims to provide high quality education and research focusing on the themes of petroleum, hydrocarbons and energy.
Pradhan said that research in this field is full of challenges and to meet that, technology and infrastructure needs to be upgraded.
"The state government has alloted 200 acres of land for the institute's construction and the Centre has allocated Rs 650 crore for the completion of the project."
The minister had introduced the bill on July 18.
--IANS
bns/ksk/vm
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app