The Indian Institute of Petroleum and Energy Act, 2017 is a parliamentary legislation enacted to declare the Indian Institute of Petroleum and Energy (IIPE) in Vishakhapatnam, Andhra Pradesh, as an institution of national importance. This Act formally incorporated IIPE as a statutory body, granting it the authority to function autonomously in academic, administrative, and financial matters. It outlines the institute’s governance structure—including the Board of Governors, General Council, and Senate—and defines its functions, powers, and responsibilities in advancing education, research, and innovation in petroleum, hydrocarbons, and energy sectors.
Historically, the Act signifies the government’s commitment to strengthening specialized higher education and research in the energy domain, aligning with national development goals. In the legal system, it provides IIPE with the legal sanctity to award degrees, manage property, receive funding, and operate with the stature of a premier national institute, ensuring its contributions to industry and academia are recognized and sustained.