Petroleum tech institute to come up in B'lore

Bangalore will have an unit of the Rajiv Gandhi Institute of Petroleum Technology (RGIPT) with the Ministry of Petroleum and Natural Gas deciding to set up the unit of the premier institute for research in fire and safety.

Addressing a joint press conference, Chief Minister Siddaramaiah and Union Minister for Petroleum and Natural Gas Veerappa Moily said the institute will come up on a 200-acre plot near the Kempe Gowda International Airport at a cost of Rs 355 crore.

The first RGIPT in Rai Bareilly, Uttar Pradesh, was set up under an act of Parliament, and has been accorded “the institute of national importance” status.

Siddaramaiah said, the State government has agreed to provide the land for the institute while the Centre will bear the finances. The institute will conduct state-of-the-art research in fire and safety and also provide technical and management training to the petroleum industry.

The institute will associate with leading international universities and institutions specialising in the domain of petroleum technology.
The institute is also empowered to award degrees to students.