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Mukesh Ambani Chairman and Managing Director Reliance Industries announced an unconditional grant of Rs 151 crore to the Institute of Chemical Technology Mumbai from where he graduated in the 1970s. Ambani spent over three hours on Friday at the institute (ICT) which back then was called the University Department of Chemical Technology (UDCT). He was there to attend the function to publish Professor MM Sharmas biography titled Divine Scientist. He also reminisced how the first lecture he attended at UDCT by Professor Sharma motivated him and how Prof. Sharma later played a role of quiet architect of Indias economic reforms. Prof reported news agency ANI. RIL Chairman and Managing Director Mukesh D. Ambani is a chemical engineer from the Institute of Chemical Technology Mumbai (erstwhile the University Department of Chemical Technology University of Mumbai). He is one of the richest individuals in India and Asia. According to the official website of the Institute of Chemical Technology Mumbai established on October 1 1933 as University Department of Chemical Technology (popularly called UDCT) of the University of Bombay (now Mumbai) with the noble intention of advancing Indias knowledge reserves in chemical science and technology the Institute has grown to become a premier (deemed) university devoted to education training research and industrial collaboration in chemical engineering chemical technology applied chemistry pharmacy biotechnology and bio-processing. In November 2017 the National Assessment and Accreditation Council (NAAC) Committee visited ICT and graded with A++ CGPA of 3.77 out of 4. ICT has been ranked amongst the top ten Engineering Institutes of India and 19th amongst the top universities in the country. The university offers different undergraduate postgraduate and Phd courses.  But do you know its fee structures? The candidates admitted during 2025-26 are required to pay fees as prescribed by the State government (subject to revision by the State Government). The institutional fees to be paid by all the admitted candidates are as follows. These are only indicative figures and are likely to be changed: According to the 2025-26 Handbook of the Institute of Chemical Technology Mumbai for postgraduate courses such as M. Chem. Engg. M. Tech. M. Pharm. and M.E. (Plastic Engineering) the fee structure is as follows: Library Deposit (one-time): Rs 5000 Academic Fees: Rs 62750 Other Fees (including contingency): Rs 38250 Total Fees: Rs 106000 Second Year Fees: Rs. 101000/- *Note: Contingency amount for Masters students admitted under various fellowships will be as per the norms of respective sponsoring funding agencies. Fee Structure for Ph.D. Programmes at ICT for the Academic Year 2025–26: Library Deposit (one-time): Rs 5000 Academic Fees (1st Year): Rs 51250 Other Fees (including contingency): Rs 45000 Total (1st Year): Rs 101250 From the second year onwards the annual fee is Rs 96250.