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Dr R. K. Pachauri (right), Director-General, TERI , with Mr Jonathan N Schulhof, Partner, GTI Ventures LLC, at a press conference in the Capital on Thursday. — Ramesh Sharma

New Delhi , March 24

THE Energy and Resources Institute (TERI) on Thursday announced a partnership with GTI Ventures LLC, USA. This venture will be a collaborative approach to focus on commercialisation of TERI technologies.

It will focus on the research in microbial biotechnology to remedy oil spills and the Micorrhizal technologies, developed and patented by TERI.

GTI and TERI expect to launch their first commercial spinout in early 2006.

According to a TERI release, the scope of the partnership between GTI and TERI involves plans for commercialisation of specific technologies developed by TERI on a global scale. Drawing on executive experience and contacts, GTI advises its R&D partners on the possible spinout opportunities.

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