- The Energy Consortium is a visionary initiative established by IIT Madras
- The collaboration ceremony held at IIT Madras in Chennai.
Technip Energies has collaborated with the Indian Institute of Technology Madras (IIT Madras) to explore opportunities in various domains of energy research. Both companies will explore pioneering solutions to shape a sustainable and low-carbon future for India and the world.
The Energy Consortium is a visionary initiative established by IIT Madras to foster collaboration between industry, academia, and government in accelerating the development of technologies crucial for the transition towards a sustainable, low-carbon future.
The Energy Consortium’s primary focus areas include resilient energy systems, energy storage, carbon capture, storage, and utilization, green hydrogen, energy efficiency, and economics. It is an industry-academia-government collaborative effort established with the aim of accelerating the development of technologies that enable the transition toward a low-carbon future.
The other industry founding members of The Energy Consortium include Shell, Baker Hughes, FLSmidth, Aditya Birla, Cummins, Chevron Tech Ventures, Infosys, and Chennai Petroleum Corporation Ltd (CPCL).
With this partnership, Technip Energies will pursue its strategic objective of accelerating the development of new technologies to meet the pressing needs of a fast-growing energy market, driven by sustainability goals.
The MoU was signed by Davendra Kumar, Managing Director, Technip Energies India, and Prof. Manu Santhanam, Dean (Industrial Consultancy & Sponsored Research), IIT Madras in the presence of Wei Cai, Chief Technology Officer, Technip Energies in a ceremony held at IIT Madras in Chennai.
“With Technip Energies’ vision towards achieving Net-Zero, we believe that the power of collaboration will drive innovation and address the urgent global challenges in the energy sector. Hence, we joined hands with The Energy Consortium at the IIT Madras to develop new technologies in energy segment under collaborative research approach,” said, Davendra Kumar, Managing Director, Technip Energies India.
Dr. Nikhil Tambe, CEO – Energy Consortium, IIT Madras, emphasized, “The Energy Consortium affiliated faculty are collaboratively advancing research in areas that are of national importance and as broad as achieving round the clock renewables as well as carbon capture and utilization. Alongside our industry founding member Technip Energies, the energy consortium possesses the momentum to advance on an unprecedented effort of coordinated activities in energy grand challenge areas in India.”
Ramasubramanian Arunachalam, AVP – Process at Technip Energies, has been appointed to the Industry Advisory Board of The Energy Consortium. This advisory board, comprising representatives from all founding members, will collectively steer ongoing advancements in research, technology, and innovation across key energy challenges.