NRDC Inks MOA with NTPC Ltd for Commercializing IPRs And Technology

NRDC Inks MOA with NTPC Ltd for Commercializing IPRs And Technology
NRDC Inks MOA with NTPC Ltd for Commercializing IPRs & Technology

NEW DELHI. National Research Development Corporation, an Enterprise of Department of Scientific & Industrial Research, Ministry of Science & Technology, Govt. of India, New Delhi (NRDC) has entered into Memorandum of Agreement (MoA) with NTPC Ltd yesterday  for marketing the inventions/innovations, patents, formulations, know-how/processes developed by NTPC-NETRA and also collection of Premia and Royalties arising from these activities. 
 
The MoA was signed and exchanged between Dr. H. Purushotham, Chairman and Managing Director, NRDC and Shri P.D.Hirani, General Manager (NETRA), NTPC LTD in presence of Shri R.K.Srivastava, ED(NETRA), Shri Y.V.Rao, ED(Consultancy) and senior officials of NTPC and NRDC.
 
Dr. H. Purushotham, Chairman & Managing Director NRDC has said that NRDC has been serving the nation for more than six decades in development, promotion and commercialisation of technologies emanating from R&D organization, PSUs and academia. It has so far licensed technologies to more than 4800 entrepreneurs/ companies in the country in almost all sectors of industry and provided technical and financial assistance for filing about 1700 patents in India and abroad. 

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