Pratim Ranjan Bose
Kolkata, Oct. 31
ONGC has entered into an MoU with the Department of Science and Technology and the Saha Institute of Nuclear Physics for launching a Rs 200-crore pilot project for production of helium from natural gas at Kutralam in Tamil Nadu.
ONGC will fund 95 per cent of the project cost and will hold the commercial production rights.
Announcing the development, Mr Raha said helium was available in traces in natural gas.
The pilot project will study the feasibility for commercial production.
A gas of strategic importance, helium is used as a coolant in space technology and atomic energy sciences among other things. The entire requirement of helium in India is currently met through imports.