2 hrs ago
GAIL, Petronet LNG Host Hyderabad Energy Innovation Connect
GAIL, Petronet LNG and other partners held an energy innovation event at IIT Hyderabad.
The event brought together students, startups, researchers and energy companies.
They discussed ways to make energy facilities smarter, safer and more reliable.
Technologies such as artificial intelligence, sensors, robots and digital twins were highlighted.
These tools could help companies find problems earlier and decide how to fix them.
Speakers also discussed cleaner energy, hydrogen, compressed biogas and better use of waste energy.
MC² Plus will connect promising startups with mentors, industry experts and possible funding.
Up to 30 early-stage startups may receive support through the programme.
GAIL, Petronet LNG, MC² Foundation and IIT Hyderabad hosted the MC² Plus IGNITE Hyderabad Connect.
The event focused on Digital Asset Management and using AI, sensors, robotics, drones and digital twins in energy infrastructure.
GAIL called for innovation supporting efficiency, cleaner energy, technological self-reliance and reduced dependence on imported systems.
MC² Plus offers selected startups convertible funding of up to ₹50 lakh and milestone-based funding of up to ₹1.5 crore.
The accelerator aims to support 30 early-stage startups through mentorship, technical expertise, pilot opportunities, funding and industry networks.
- Who
- GAIL (India) Limited, Petronet LNG Limited, MC² Foundation and IIT Hyderabad, along with energy-sector leaders, startups, students and researchers.
- What
- They hosted the MC² Plus IGNITE Hyderabad Connect to promote innovation and entrepreneurship in the energy sector.
- Where
- IIT Hyderabad, Hyderabad, India.
- When
- The articles do not specify the event date.
- Why
- The initiative aims to move energy innovations from research to prototypes, pilots, deployment and scale while improving efficiency, sustainability, reliability and technological self-reliance.
Key facts
- Event
- MC² Plus IGNITE Hyderabad Connect
- Host organizations
- GAIL (India) Limited, Petronet LNG Limited, MC² Foundation and iTIC Incubator of IIT Hyderabad
- Primary focus
- Digital Asset Management
- Funding
- Convertible funding of up to ₹50 lakh and milestone-based funding of up to ₹1.5 crore
- Startup target
- 30 high-potential early-stage startups
- Priority themes
- Seven themes, including digital asset management, AI-driven subsurface intelligence, drilling, refinery processes, compressed biogas, hydrogen and mobility
- Potential applications
- Smarter energy infrastructure, cold-energy commercialization, compressed biogas improvements and import substitution
Quotes
Akshay Kumar Singh
Managing Director and CEO of Petronet LNG Limited
“MC²+ Ignite in connecting India’s energy industry with the startup and innovation ecosystem, with a focus on leveraging digital technologies such as AI, advanced sensors, robotics and digital twins to make LNG infrastructure smarter, safer, more reliable and efficient.”
freepressjournal.in
“MC²+ Ignite would not only fund innovative ideas but would empower innovators to shape India’s energy future.”
freepressjournal.in
B. S. Murty
Director of IIT Hyderabad
“IIT Hyderabad has always placed innovation at the forefront of its academic and research ecosystem, with a strong focus on translating ideas into solutions that create meaningful impact for society and the nation.”
freepressjournal.in
Sources
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