In a significant step toward strengthening India’s renewable energy sector, the Indian Institute of Management (IIM) Nagpur and ONGC Green Limited have formalized a partnership through a Memorandum of Understanding (MoU) signed on December 20, 2025. This collaboration aims to advance research, policy development, and capacity building in the field of green and future energy, combining academic expertise with industrial experience to support India’s clean energy goals.
The MoU was signed by Prof. Bhimaraya Metri, Director of IIM Nagpur, and Harsh Nupur Joshi, Chief Operating Officer of ONGC Green Limited. The signing ceremony saw the presence of senior leadership from both organizations, including Prof. Alok Kumar Singh, Dean of Executive Education Programmes, and Prof. Nikunj Kumar Jain, Chairperson of the Executive MBA in Energy Management at IIM Nagpur. ONGC Green was represented by Deepak Kumar, General Manager (Electrical).
The collaboration is designed to support India’s goal of achieving net-zero emissions by 2070. Key areas of focus will include energy storage, biofuels, and green hydrogen, which is widely considered a transformative technology for the country’s energy independence. Prof. Metri highlighted that India’s sustainable energy initiatives are being observed closely on the global stage, and this partnership will combine IIM Nagpur’s policy insights and leadership training with ONGC Green’s operational expertise to strengthen the country’s energy ecosystem.
The MoU outlines joint efforts in developing Environmental, Social, and Governance (ESG) frameworks, integrating renewable energy into existing power systems, and establishing carbon and green credit markets. In addition, the collaboration will support e-mobility policies and leadership development programs aimed at nurturing talent for the green energy sector.
The outcomes of this partnership are expected to benefit the general public by promoting cleaner, more reliable, and affordable energy solutions. It will also create employment opportunities in the green energy sector and contribute to healthier living conditions by reducing carbon emissions.
ONGC Green, the renewable energy arm of the Oil & Natural Gas Corporation, is targeting 10 GW of green energy capacity by 2030 through a mix of solar, wind, energy storage, biofuels, and green hydrogen projects. The support of IIM Nagpur in research, policy development, and capacity building is expected to play a crucial role in achieving these targets, furthering India’s mission toward a sustainable and inclusive energy future.
This partnership marks a significant alignment of academic and industrial efforts, reinforcing India’s commitment to clean energy and sustainable development.
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