New Delhi, May 8 : Essar Oil and Gas Exploration and Production (EOGEPL), an investee company of Essar Global Funds Ltd, has signed a memorandum of understanding (MoU) for collaboration with the Indian School of Mines (IIT-ISM), Dhanbad, to jointly work on research and development of various advanced CBM technological innovations indigenously.

With the CBM gas widely seen as green fuel of the century, both Essar and the IIT Indian School of Mines (ISM) will explore research and develop a plethora of technologies like microbial enhanced recovery, advance reservoir simulation, CBM exploitation technology from deeper coal seams and others. They will also jointly work towards finding an effective solution for various technological and operational challenges faced during CBM exploration and production.