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Ministry of New and Renewable Energy (MNRE)

company 1 Deal 1 Partner

The Ministry of New and Renewable Energy (MNRE) is a government ministry in India responsible for all matters relating to new and renewable energy. It formulates policies, promotes research and development, and facilitates the deployment of renewable energy technologies across India, aiming to achieve national energy security and climate goals.

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Founded 1992 Parent: Government of India
Government MinistryGovernment

Strategic Overview

  • MNRE is the nodal agency for all new and renewable energy development in India, setting national targets and policies.
  • The ministry focuses on increasing renewable energy penetration, promoting energy security, and reducing carbon emissions.
  • Key initiatives include large-scale solar and wind project promotion, green hydrogen development, and decentralized renewable energy applications.
  • MNRE plays a crucial role in attracting domestic and foreign investment into India's renewable energy sector through policy support and incentive schemes.

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Investment Focus

Technologies
Solar1
Geography
India1

Key People

Shri Raj Kumar Singh
Union Minister for Power and New & Renewable Energy
Shri Bhupinder Singh Bhalla
Secretary

Track Record

180,000
MW Total
32
Years Active
Notable projects: National Solar Mission, National Wind-Solar Hybrid Policy, Green Hydrogen Mission, PM-KUSUM Scheme

Detailed Analysis

Technologies
Solar PVOnshore WindOffshore WindHydropowerBioenergyBattery StorageGreen HydrogenTransmissionEV Charging
Sectors
Energy TransitionUtilities
Geographies
India
Deal Stage
GreenfieldBrownfieldOperating

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Track Ministry of New and Renewable Energy (MNRE)