Common Contracts
1 similar Joint Technology Marketing Agreement contracts
IIP & GAIL TO MARKET A TECHNOLOGY JOINTLYJoint Technology Marketing Agreement • August 28th, 2020
The Institute entered into an agreement with the Gas Authority of India Ltd (GAIL) for jointly marketing the 'Natural Gas Liquid- To-Gas and Gasoline (NTGG) Technology'. The technology enables the conversion of NGL to gas and gasoline and value-added products, viz, LPG-rich streams, gasoline blending stocks and diesel blending stocks. This agreement has formalized a joint technology ownership and will facilitate the c o m m e r c i a l i z a t i o n o f t h e technology jointly. The agreement is a result of the success of the pilot plant set up at GAIL's LPG plant at Vaghodia, Gujarat, running at a capacity of 8,000 TPA of natural gas liquid (NGL). A patent application for equal Intellectual Property Rights was filed in 2001 and the patent is to be shortly granted.
