IIM Nagpur and ONGC Green sign MoU for clean energy research
IIM Nagpur and ONGC Green Limited signed a strategic MoU on December 20, 2025, to advance renewable energy research and ESG framework development across carbon markets, energy storage and e-mobility. The partnership supports ONGC Green's 10 GW renewable target by 2030 and India's net-zero-by-2070 commitment.
The Indian Institute of Management Nagpur and ONGC Green Limited signed a strategic Memorandum of Understanding on December 20, 2025, combining academic and corporate research capacity for India's clean energy and sustainability goals. The MoU was endorsed by Prof. Bhimaraya Metri, Director of IIM Nagpur, and Harsh Nupur Joshi, Chief Operating Officer of ONGC Green Limited. Focus areas include environmental sustainability and ESG frameworks, renewable energy integration into power systems, carbon and green credit markets, energy storage technologies and e-mobility policy insights.
The partnership affects energy researchers, policymakers and corporates embedding ESG into growth plans, bridging corporate operational expertise with academic policy analysis. ONGC Green is targeting 10 GW of renewable energy capacity by 2030 across solar, wind, biofuels and green hydrogen, aligning the research agenda with practical implementation timelines and national targets. The collaboration includes capacity-building to train future leaders and develop replicable policy solutions, with particular relevance to carbon credit markets and emerging environmental finance mechanisms.
Corporates and policymakers should monitor outputs spanning carbon and green credit markets, energy storage and e-mobility, which can inform both corporate strategy and public policy. The choice of Nagpur reflects intent to decentralize renewable research beyond traditional urban centers, promoting regional expertise. Stakeholders should track how this academic-practitioner ecosystem produces scalable solutions aligned with India's net-zero-by-2070 commitment, ONGC Green's 2030 target, and efforts to attract investment and accelerate green technology adoption.
Key figure — Capacity target: ONGC Green aims for 10 GW renewable capacity by 2030
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