The Indian Institute of Management (IIM) Nagpur and ONGC Green Limited have signed a Memorandum of Understanding (MoU) to collaborate on research, capacity building, and policy-oriented initiatives in the green and future energy sector. The partnership aims to support India’s clean energy goals and contribute to the country’s net-zero emissions target by 2070. The MoU was signed on December 20 by IIM Nagpur Director Prof. Bhimaraya Metri and ONGC Green Limited Chief Operating Officer Harsh Nupur Joshi.
The collaboration will focus on areas such as energy storage, biofuels, and future energy solutions like green hydrogen, which is considered a potential game changer for India. The partnership will also work on environmental sustainability and ESG frameworks, integration of renewable energy into power systems, carbon and green credit markets, energy storage, e-mobility policies, and leadership development. By combining IIM Nagpur’s academic and policy expertise with ONGC Green’s operational experience in the renewable energy domain, the collaboration is expected to deliver tangible benefits for citizens, including cleaner and more reliable power, affordable and sustainable energy solutions, green jobs, and healthier living conditions.
ONGC Green, the renewable energy arm of Oil and Natural Gas Corporation, aims to achieve 10 GW of green energy capacity by 2030 through various projects, including solar, wind, energy storage, biofuels, and green hydrogen. The partnership with IIM Nagpur is expected to provide strong academic and policy support to these initiatives, contributing to India’s broader goal of achieving net-zero emissions by 2070. The collaboration is significant, as India’s progress in green energy is being closely watched globally, and the partnership is expected to play a key role in meeting future energy demands while ensuring inclusive and sustainable growth.
The signing ceremony was attended by senior faculty members from IIM Nagpur, including Prof. Alok Kumar Singh and Prof. Nikunj Kumar Jain, as well as representatives from ONGC, including Deepak Kumar, General Manager (Electrical). The partnership is a move of national significance, aligned with India’s clean energy goals, and is expected to contribute research, leadership development, and policy insights to help shape India’s future energy ecosystem. Overall, the collaboration between IIM Nagpur and ONGC Green Limited is a significant step towards supporting India’s clean energy goals and achieving a sustainable future.