Ministry of New and Renewable Energy (MNRE)
Government of India

MNRE is the nodal ministry of the Government of India for the development and deployment of new and renewable energy sources.

The Ministry was established as the Commission for Additional Sources of Energy (CASE) in the Department of Science & Technology in 1981 to ensure energy self-sufficiency for the country and safeguard it from adverse situations arising out of fluctuations in oil prices and supply. In 1982, CASE was converted into the Department of Non-conventional Energy Sources (DNES) in the then-Ministry of Energy. A decade later, in consonance with the Government’s increasing focus on renewable energy , DNES was upgraded to an independent Ministry, and in October 2006, renamed as the Ministry of New and Renewable Energy.

MNRE’s mission is to ensure India’s energy security by lowering dependence on fossil fuel imports; increase the share of clean energy in power generation; make energy available, accessible and affordable to rural, urban, industrial and commercial sectors; and to develop India’s energy equity by bringing per-capita energy consumption at par with the global average by 2050 through a sustainable fuel-mix .India has been implementing one of the world’s largest renewable energy programmes since the past three decades, covering a wide spectrum of technologies like cooking stoves, biogas plants, biomass-based cogeneration, solar thermal and photovoltaic systems, wind farms, small and micro hydel systems, energy recovery from urban, industrial and agri-wastes, hydrogen energy, ocean energy, fuel cells and biofuels.

As on 31 July 2015, the MNRE had achieved 36.6 GW of grid-interactive power, 11.7 GW of off-grid power, 4.8 million family biogas plants, and 9 million m2 of solar water heating.

The MNRE is located is New Delhi, India and is presently headed by Shri Piyush Goyal, Union Minister of State (Independent Charge) for Coal, Power and New and Renewable Energy, Government of India.

Ministry of New and Renewable Energy (MNRE), Government of India

Indian Renewable Energy Development Agency (IREDA) Ltd

IREDA is a Non-Banking Financial Institution set up under the administrative control of the Ministry of New and Renewable Energy to provide term loans for renewable energy and energy efficiency projects.

IREDA's mission is to be a pioneering, participant-friendly and competitive institution for financing and promoting self-sustaining investment in energy generation from renewable sources, energy efficiency, and environmental technologies for sustainable development.

IREDA was established on 11 March 1987 as a Public Limited Government Company under the Companies Act, 1956. It has been notified as a 'Public Financial Institution' under section 4 ‘A’ of the Companies Act, 1956 and registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India (RBI). IREDA was awarded 'Mini Ratna' (Category I) status by the MNRE in 2015.

Indian Renewable Energy Development Agency (IREDA) Ltd

Solar Energy Corporation of India (SECI)

Solar Energy Corporation of India (SECI) was set up in 2011, as a not-for-profit company as an implementation and facilitation institution dedicated to Solar Energy sector. SECI is established under the administrative control of the Ministry of New and Renewable Energy, Government of India. The Corporation aims to develop Solar Technologies and ensure inclusive solar power development throughout India.

Solar Energy Corporation of India (SECI)

Confederation of Indian Industry (CII)

CII works to create and sustain an environment conducive to the development of India, partnering industry, Government and civil society, through advisory and consultative processes.

CII is a non-government, not-for-profit, industry-led and industry-managed organisation, playing a proactive role in India´s development process. Founded in 1895, India's premier business association has over 7900 members, from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 200,000 enterprises from around 240 national and regional sectoral industry bodies.

CII charts change by working closely with Government on policy issues, interfacing with thought leaders, and enhancing efficiency, competitiveness and business opportunities for industry through a range of specialised services and strategic global linkages. It also provides a platform for consensus-building and networking on key issues.

Extending its agenda beyond business, CII assists industry to identify and execute corporate citizenship programmes. Partnerships with civil society organisations carry forward corporate initiatives for integrated and inclusive development across diverse domains including affirmative action, healthcare, education, livelihood, diversity management, skill development, empowerment of women, and water, to name a few.

In its 120th year of service to the nation, the CII theme of “Build India - Invest in Development, A Shared Responsibility”, reiterates Industry´s role and responsibility as a partner in national development. The focus is on four key enablers: Facilitating Growth and Competitiveness, Promoting Infrastructure Investments, Developing Human Capital, and Encouraging Social Development.

With 66 offices, including 9 Centres of Excellence, in India, and 8 overseas offices in Australia, Bahrain, China, Egypt, France, Singapore, UK and USA, as well as institutional partnerships with 312 counterpart organisations in 106 countries, CII serves as a reference point for Indian industry and the international business community.

Confederation of Indian Industry (CII)

Federation of Indian Chambers of Commerce (FICCI)

Established in 1927, FICCI is the largest and oldest apex business organisation in India. Its history is closely interwoven with India's struggle for independence, its industrialisation, and its emergence as one of the most rapidly growing global economies.

A non-government, not-for-profit organisation, FICCI is the voice of India's business and industry. From influencing policy to encouraging debate, engaging with policy makers and civil society, FICCI articulates the views and concerns of industry. It serves its members from the Indian private and public corporate sectors and multinational companies, drawing its strength from diverse regional chambers of commerce and industry across states, reaching out to over 2,50,000 companies.

FICCI provides a platform for networking and consensus building within and across sectors and is the first port of call for Indian industry, policy makers and the international business community.

Federation of Indian Chambers of Commerce (FICCI)

YES BANK (Knowledge Partner)

YES BANK is India’s fifth largest private sector Bank, headquartered in Mumbai with a pan India presence. It has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions. It is the only Greenfield Bank licence awarded by the RBI in the last two decades. YES BANK is steadily evolving as the Professionals’ Bank of India with the long term mission of “Building the Finest Quality Bank of the World in India” by 2020.

Yes Bank
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