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BPCL develops Nanotechnology based new lubricants  

BPCL develops new friction tech

The Rs 12,235-crore state-run oil refiner and marketer Bharat Petroleum Corporation Ltd (BPCL), which took a bold move to venture into upstream oil exploration & production in 2006, has lined up new business plans related to the new science of nanotechnology.

In a move that could make the company the supplier of cutting edge technology to develop lubricants for automotive and industrial uses, BPCL, in collaboration with the Indian Institute of Science, Bangalore, has developed a technology that measures friction at the point of contact. The company is in the process of obtaining patent for the product and putting it into commercial purposes. A senior executive has said the move would be ‘a game changer’ in the lubricants world, valued at $38 billion worldwide.

That is not all. Also in the pipeline are two projects that are expected to be completed and commercialized soon – a project to improve methods of storage of gas and the other is on next generation solar cells.

Credit …The Indian Express……… NEWSPAPER…………..

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