**Executive Summary**
The Indian Institute of Management (IIM) Nagpur and ONGC Green Limited signed a Memorandum of Understanding (MoU) on December 20, 2025, to collaborate on research, capacity building, and policy-driven initiatives in the field of green and future energy. The partnership aims to support India's net-zero target by 2070. The collaboration aims to play a meaningful role in meeting the country’s future energy needs while ensuring inclusive and sustainable growth.
**Key Points / Main Content**
* **MoU Purpose and Scope:**
* Collaboration between IIM Nagpur and ONGC Green on research, capacity building, and policy initiatives.
* Focus on green and future energy.
* **MoU Signatories:**
* Signed by Prof Bhimaraya Metri, Director of IIM Nagpur.
* Signed by Harsh Nupur Joshi, Chief Operating Officer of ONGC Green Limited.
* **Key Areas of Collaboration:**
* Environmental sustainability and ESG frameworks.
* Renewable energy integration into power systems.
* Carbon and green credit markets.
* Energy storage and e-mobility policies.
* Leadership development.
* **ONGC Green's Objectives:**
* Aim to achieve 10 GW of green energy capacity by 2030.
* Focus on solar, wind, energy storage, biofuels, and green hydrogen projects.
* **Expected Outcomes:**
* Cleaner and more reliable power for citizens.
* Affordable and sustainable energy solutions.
* Generation of green jobs.
* Contribution to healthier living conditions.
**Impact Analysis**
**IIM Nagpur**
* **Impact**: Opportunity to apply academic and policy expertise to the renewable energy sector, contributing to national energy goals and strengthening its reputation.
* **Action Required**: Collaborate with ONGC Green on research, policy development, and capacity building initiatives.
**ONGC Green**
* **Impact**: Access to academic and policy support from IIM Nagpur to achieve its green energy targets and contribute to India's net-zero emissions goal.
* **Action Required**: Collaborate with IIM Nagpur to implement joint projects and leverage their expertise for operational advancements.
**Citizens**
* **Impact**: Expected benefits include cleaner and more reliable power, affordable and sustainable energy solutions, and healthier living conditions.
* **Action Required**: No immediate action required; will benefit from the long-term outcomes of the collaboration.
**India**
* **Impact**: Supports India's net-zero target by 2070.
* **Action Required**: None.
Key Entities Referenced
ONGC Green Limited: Renewable energy arm of Oil & Natural Gas Corporation, aiming to achieve 10 GW of green energy capacity by 2030.
Indian Institute of Management Nagpur: Collaborating with ONGC Green on research, capacity building, and policy initiatives related to green and future energy.
Memorandum of Understanding (MoU): Agreement between IIM Nagpur and ONGC Green to collaborate on green energy initiatives.
Ministry of Education
IIM Nagpur, ONGC Green sign MOU: Boost to
Green Energy target of country
प्रव तथ: 20 DEC 2025 8:32PM by PIB Mumbai
Nagpur 20 Dec 2025
In a nationally significant move aligned with India’s clean energy ambitions, the
Indian Institute of Management Nagpur and ONGC Green Limited signed a
Memorandum of Understanding (MoU) on December 20 to collaborate on research,
capacity building, and policy-driven initiatives in the field of green and future
energy.
The MoU was signed on behalf of IIM Nagpur by its Director, Prof Bhimaraya Metri,
and on behalf of ONGC Green Limited by its Chief Operating Officer, Harsh Nupur
Joshi.
Senior faculty members of IIM Nagpur Prof. Alok Kumar Singh, Dean – Executive
Education Programmes and Prof. Nikunj Kumar Jain, Chairperson of the Executive
MBA in Energy Management, were present. On behalf of the ONGC, Deepak Kumar,
GM (Electrical), was present.
Speaking on the occasion, Joshi said the energy sector is undergoing a rapid
transformation. “Our aim is to work together to support India’s net-zero target by
2070. We intend to take up projects in energy storage, biofuels, and future energy
solutions such as green hydrogen, which is going to be a game changer for India,”
he said.Dr. Metri said that India’s progress in green energy is being closely observed
globally. “The world will be watching India’s initiatives towards sustainable and
green energy. IIM Nagpur is proud to be associated with ONGC Green in this
important national mission. Through this collaboration, we aim to contribute
research, leadership, and policy insights that can shape India’s future energy
ecosystem,” he said.
Under the MoU, the two institutions will jointly work on key areas such as
environmental sustainability and ESG frameworks, renewable energy integration
into power systems, carbon and green credit markets, energy storage, e-mobility
policies, and leadership development. The collaboration will combine IIM Nagpur’s
academic and policy expertise with ONGC Green’s operational experience in the
renewable energy sector.
The outcomes of this partnership are expected to directly benefit common citizens
by supporting cleaner and more reliable power, promoting affordable and
sustainable energy solutions, generating green jobs, and contributing to healthier
living conditions. By strengthening India’s green energy ecosystem, the IIM
Nagpur–ONGC Green collaboration aims to play a meaningful role in meeting the
country’s future energy needs while ensuring inclusive and sustainable growth.
ONGC Green is the renewable energy arm of Oil & Natural Gas Corporation, leading
the organisation’s ambitious plan to achieve 10 GW of green energy capacity by
2030 through solar, wind, energy storage, biofuels, and green hydrogen projects.
The partnership with IIM Nagpur is expected to provide strong academic and policy
support to these efforts, while also contributing to India’s broader goal of achieving
net-zero emissions by 2070.
***
Saurabh Khekde/Parshuram Kor
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