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A new petroleum university will soon be seen at Vizag. This university will be the fourth University in the country specialising in Petroleum studies. The Indian Institute of Petroleum Engineering (IIPE) will be starting its batch for the academic year 2016– 17.
Dharmendra Pradhan, the Union Minister of State for Petroleum and Natural Gas in a tweet said that the classes for IIPE would commence from August 2016, in Visakhapatnam.
A two member committee comprising of Prof. G.J. Gupta, Director, Rajiv Gandhi Institute of Petroleum Technology, and Advisor S.P.M. Mathur will finalise the location for the Institute.
Though originally, it was proposed in East Godavari district, subsequently the idea was dropped considering the strategic location of Visakhapatnam, availability of faculty and major industries like HPCL.
The State government has allotted 150 acres for the campus at Sabbavaram. Damodar Sanjeevaiah Law University is building its campus in the nearby area.
The student intake for B. Tech will be 60 students and 18 in M. Tech during the first year.
Indian Institute of Technology-Kharagpur will mentor this University.
The Indian Institute of Management-Vizag, which also is functioning temporarily on the campus of Andhra University, is mentored by IIM-Bangalore.
A Memorandum of Understanding was signed between HPCL, IIPE and the Ministry of Petroleum and Natural Gas earlier.