Current Affairs - Business - Discussion

Discussion :: Business - Latest Current Affairs (Q.No.29)


Indian Oil signed MoU for hydrogen-generation technology with which institute?

[A]. IISc
[B]. IIT Kanpur
[C]. DTU
[D]. None of these

Answer: Option A


The Indian Institute of Science (IISc) and the Research and Development Centre of Indian Oil Corporation Limited have signed an MoU to develop and demonstrate biomass gasification-based hydrogen generation technology for producing fuel cell-grade hydrogen at an affordable price. Under this MOU, which was signed on October 29, the IISc and Indian Oil will work jointly on the optimisation of both biomass gasification and hydrogen purification processes, the IISc said in a statement.

Sugii said: (Mar 21, 2021)  
What is MoU?

Harsh Jain said: (May 5, 2021)  
It stands for memorandum of understanding, a pact or an agreement by 2 parties stating the rights of the company.

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