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Updated On:27/11/2021
Start Up

Oil India Limited (OIL), India’s second largest National “Navratna” Exploration &Production Company has announced a Rs 50 Crore OIL Startup Fund to foster , nurture and incubate new ideas related to oil and gas sector.

OIL INDIA LIMITED, invites proposals of new ideas and technological concepts specific to oil & gas upstream sector, from individuals/teams of Indian origin, specifically from the north-east India, to set up their Startup units in collaboration with the Technical Incubation Centre at Indian Institute of Technology at Guwahati (IITG-TIC) for generating possible solution of the challenges through entrepreneurship development programme. OIL would also provide support and facilities to such Startup units from its R&D Centre at Duliajan where facilities related to the Startup proposal(s) exist.