Motto | vidyā praśasyatē lokaiḥ (Sanskrit) |
---|---|
Motto in English | Knowledge is extolled by everyone |
Type | Public |
Established | 2016 |
President | Paritosh K. Banik |
Director | Shalivahan[1] |
Location | , , India 17°49′35″N 83°05′10″E / 17.82639°N 83.08609°E |
Campus | Rural, 201.8 acres (81.7 ha) [2] |
Website | iipe |
Indian Institute of Petroleum and Energy (IIPE), is an institute of national importance[3] established in 2016, in Visakhapatnam, Andhra Pradesh.[4] It is a domain-specific Institute at par with IITs and IIMs, is established by the Government of India under the aegis of the Ministry of Petroleum and Natural Gas (MoPNG) in the year 2016. The Indian Institute of Petroleum and Energy Act, 2017 (No.3 of 2018) enacted by the Parliament and declared the Institute as an 'Institution of National Importance'.[5]
IIPE has collaborated with oil majors like HPCL, IOCL, ONGC, GAIL, OIL, OIDB, BPCL, and the Ministry of Industry and Commerce.