ONGC Energy Centre

ONGC Energy Centre

ONGC has embarked on a mission to create an Energy Centre focused on conducting research on marketable solutions in alternate energy. The genesis of the Centre is from the growing realization that oil production is likely to peak soon and there is a need to find implementable alternate energy solutions. This realization has significant implications for ONGC’s business & for the nation at large.

ONGC has set up the ONGC Energy Centre (OEC) for research in renewable and alternate energy sources beyond hydrocarbons, which can be brought to market. The objective is in line with the vision of ONGC to become an integrated energy company and not just restrict itself to oil and gas. The Centre was pioneered by former-CMD Late Mr Subir Raha with motto “Mind to Market”. The ONGC Energy Centre aims to conduct research in alternate energy specifically focusing on projects which have the potential to make an impact on India’s energy scene. The Centre does not stop at just R&D, but pursues beyond to “demonstrate for commercialization”. 

The ONGC Energy Centre functions under the aegis of the ONGC Energy Centre Trust, which was established under Indian Trust Act on August 8, 2005. The Chairman of the Trust is the CMD of ONGC, Mr Sudhir Vasudeva. The Trust members include ONGC Directors-Exploration, T&FS, Finance & HR, and MD-OVL. Eminent persons from the field of Energy Padma Vibhushan Dr. Anil Kakodkar, Former Chairman, Atomic Energy Commission, Padma Bhushan Dr. Kirit S. Parikh, Former Member (Energy)-Planning Commission and Padma Shri Dr. S. Sivaram, CSIR Bhatnagar Fellow, Former Director-National Chemical Laboratory are also members of the Board of Trustees.