Ministry of New and Renewable Energy
The Ministry of New and Renewable Energy is the Government of India's nodal ministry, established in 2014, that formulates policy and implements national schemes for solar, wind, bio-energy, green hydrogen, and energy storage deployment across India.
- Company typePrivate
- Founded2014
- HeadquartersNew Delhi, India
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Ministry of New and Renewable Energy does
MNRE is the nodal ministry of the Government of India, established in 2014 when it was carved out from the Ministry of Power, responsible for all matters relating to new and renewable energy. Headquartered at Atal Akshay Urja Bhawan, CGO Complex, Lodhi Road, New Delhi, the ministry formulates policies and implements centrally-sponsored programmes for the development of renewable energy sources including solar PV, wind, bio-energy, small hydro, hydrogen, and energy storage systems. It oversees a portfolio of national schemes — PM Surya Ghar: Muft Bijli Yojana (residential rooftop solar), PM KUSUM (solar pumps and grid-connected farm power), the National Green Hydrogen Mission, and the Rs. 24,000 crore Production Linked Incentive scheme for high-efficiency solar PV modules — alongside three autonomous research institutes (NISE for solar, NIWE for wind, SSS-NIBE for bioenergy), two public sector undertakings (IREDA for project financing and SECI for project implementation), and the International Solar Alliance treaty-based organization co-founded with France in 2015.
The ministry's underlying technology stack spans utility-scale solar PV (157.05 GW installed capacity as of 2024), wind power (56.81 GW), bioenergy programmes, and the Approved List of Models and Manufacturers (ALMM) certification system that gates solar module eligibility for government schemes. Grid-integration is supported by the Green Energy Corridors transmission programme, and India's cumulative non-fossil installed capacity now represents 53.7% of total installed electricity capacity, ranking the country 3rd globally in overall renewable energy, 3rd in solar, and 4th in wind. Energy production reached 477 billion units in 2024, up from 190 billion units in 2014, with 132.5 GW of renewable capacity added in the last five years.
MNRE does not operate a commercial revenue model; it is funded through annual Union Government budget allocations and disburses funds via IREDA, SECI, State Nodal Agencies, and the Association of Renewable Energy Agencies of States (AREAS). The go-to-market motion is government-policy-led: the ministry reaches state governments, distribution companies, developers, manufacturers, farmers, and households through centrally-sponsored scheme design and implementation, with awareness delivered through its official website (mnre.gov.in), multilingual podcasts, social media channels (X, Facebook, LinkedIn, YouTube), the Akshay Urja magazine, annual reports, and industry events such as the Bharat RE Summit and the International Conference on Green Hydrogen (ICGH).
Ministry of New and Renewable Energy firmographics
Firmographics- Name
- Ministry of New and Renewable Energy
- Legal name
- Ministry of New and Renewable Energy
- Website
- https://mnre.gov.in
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- The Ministry of New and Renewable Energy is the Government of India's nodal ministry, established in 2014, that formulates policy and implements national schemes for solar, wind, bio-energy, green hydrogen, and energy storage deployment across India.
- Ownership category
- akta.pro rank
Ministry of New and Renewable Energy industry classification
Industry- Product category
- Renewable Energy Policy and Administration
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Grid Interconnection, Transmission Policy & Market Rules (EUAMANAC)
- akta.pro secondary industries
- Commercial Structuring & Offtake (PPAs, CfDs, Corporate PPAs, Merchant Strategy) (EUAMAAAE), Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)
Keywords
Where Ministry of New and Renewable Energy is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Ministry of New and Renewable Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Government Budget Allocation: MNRE is funded through annual government budget allocations from the Government of India. The ministry disburses funds through various schemes and programs to state governments, implementing agencies, and beneficiaries.
Distribution channels5 records
Marketing channels9 records
Ministry of New and Renewable Energy product offering
Product offeringCore offering
The Ministry of New and Renewable Energy (MNRE) is the nodal ministry of the Government of India responsible for formulating policies, implementing programmes, and promoting the development and deployment of renewable energy sources including solar, wind, bio-energy, small hydro, and hydrogen. It administers centrally-sponsored schemes (PM Surya Ghar, PM KUSUM, National Green Hydrogen Mission, Solar PV Module PLI), oversees autonomous research institutes (NISE, NIWE, SSS-NIBE), and channels project financing and implementation through public sector undertakings (IREDA, SECI).
Product overview
Ministry of New and Renewable Energy (MNRE) is a government ministry overseeing India's renewable energy sector, not a typical product company. It administers a portfolio of schemes, missions, and programmes including PM Surya Ghar (free electricity via rooftop solar), National Green Hydrogen Mission, Solar PV Module PLI Scheme, PM KUSUM, Bio Energy, Wind Energy, Solar Energy, Small Hydro, Energy Storage Systems, and Green Energy Corridors. MNRE also oversees three autonomous research institutes (NISE for solar, NIWE for wind, SSS-NIBE for bioenergy), two public sector undertakings (IREDA for financing, SECI for project implementation), and international initiatives like the International Solar Alliance.
Differentiator
Problem solved
Functional benefit
Brands
- PM Surya Ghar: Muft Bijli Yojana: Central government scheme providing free electricity to residential households through rooftop solar installations
- PM-KUSUM
- National Green Hydrogen Mission
- International Solar Alliance (ISA)
Products and services
- PM Surya Ghar: Muft Bijli Yojana Central government scheme providing free electricity to residential households through rooftop solar installations, enabling citizens to generate their own solar power.
- National Green Hydrogen Mission National mission to make India a global hub for green hydrogen production and export, supporting the development of green hydrogen ecosystem.
- Solar PV Module PLI Scheme Production Linked Incentive scheme for high efficiency solar PV modules with total outlay of Rs. 24,000 crore across two tranches to build GW-scale manufacturing capacity in India.
- Bio Energy Programme Government programme promoting biogas, biomass, and bioenergy technologies for sustainable energy production from organic waste.
- PM KUSUM Scheme Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan scheme for farmers to install solar pumps and grid-connected solar power plants.
- Green Energy Corridors Transmission infrastructure projects to evacuate renewable energy from generation sites to load centers across India.
- Energy Storage Systems Programme Programme to promote energy storage technologies including battery storage, pumped hydro, and other storage solutions for renewable energy integration.
- Small Hydro Power Programme Programme to develop small hydro projects (up to 25 MW) to harness hydro potential in remote and hilly areas.
- National Institute of Solar Energy (NISE) Autonomous R&D institution under MNRE serving as the nodal institute for solar energy research and development.
- National Institute of Wind Energy (NIWE) Autonomous R&D institution under MNRE established in Chennai for wind energy research and development.
- Sardar Swaran Singh National Institute of Bio Energy (SSS-NIBE) Autonomous R&D institution in Kapurthala, Punjab dedicated to bioenergy research and development.
- Indian Renewable Energy Development Agency Limited (IREDA) Navratna non-banking financial institution under MNRE providing loans and financing for renewable energy projects.
- Solar Energy Corporation of India Limited (SECI) Schedule-A CPSU under MNRE implementing solar and renewable energy projects including solar, wind, hybrid, round-the-clock renewable energy, and hydrogen.
- International Solar Alliance (ISA) Treaty-based intergovernmental organization with goal of mobilizing $1 trillion by 2030 for solar energy deployment among member nations.
Quantifiable outcome
- Solar PV capacity increased from 2.82 GW to 157.05 GW (55.7x growth) from 2014-2024
- +3 more outcomes
Companies that use Ministry of New and Renewable Energy
Customer profileSegments4 records
Ideal customer profiles4 records
Ministry of New and Renewable Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Ministry of New and Renewable Energy partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered flagship and core.
- International Solar Alliance (ISA)flagshipISA is a treaty-based organization co-founded by India and France in 2015, with the goal of mobilizing USD 1 trillion by 2030 for solar energy development. MNRE serves as the nodal ministry for India's engagement with ISA, which focuses on solar financing, technology, R&D, and capacity building across member nations, primarily in the Global South.
- GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit)coreGIZ, the German development agency, collaborates with MNRE on technical cooperation projects including the AgriPV Workshop and other renewable energy initiatives, providing international expertise and co-funding for pilot projects and capacity building programs.
- IEA (International Energy Agency) - Technology Collaboration PlatformscoreMNRE participates in IEA TCP programs for technology collaboration in renewable energy areas including wind energy research, solar technologies, and bioenergy. Joint workshops and knowledge exchange programs support India's R&D efforts.
- EU-India Trade and Technology Council (TTC) Working Group 2coreBilateral cooperation mechanism between India and EU focusing on green and clean energy technologies. Working Group 2 addresses clean energy technology collaboration, standards, and market development under the TTC framework.
- IREDA (Indian Renewable Energy Development Agency Limited)coreA 'Navratna' non-banking financial company under MNRE's administrative control. IREDA promotes, develops, and provides financial assistance for renewable energy projects. Acts as implementing agency for PLI Scheme Tranche-I.
- SECI (Solar Energy Corporation of India Limited)coreA Schedule-A CPSU under MNRE implementing renewable energy projects (solar, wind, hybrid, round-the-clock renewable power, hydrogen). Acts as implementing agency for PLI Scheme Tranche-II.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Ministry of New and Renewable Energy competitors and assessment
Company assessmentDirect peers
- U.S. Department of Energy: Cabinet-level U.S. federal department overseeing national energy policy including renewables, R&D, grid modernization, and loan programs. The clearest functional analog to MNRE at national level with grants, financing, and policy frameworks for clean energy.
- International Renewable Energy Agency (IRENA): Intergovernmental organization supporting renewable energy adoption across member countries. Operates at the international policy and capacity-building level for renewables, the global analog to MNRE's national-level mandate; ISA coordinates with IRENA on multiple initiatives.
- Bureau of Energy Efficiency (BEE), India: Government of India body under the Ministry of Power promoting energy efficiency and demand-side management. Sister policy body alongside MNRE; together they shape India's broader energy transition framework with parallel scheme administration functions.
- NITI Aayog: Government of India policy think tank providing directional inputs across sectors including energy. Works in close coordination with MNRE on long-term renewable energy strategy, NDC targets, and infrastructure planning at the policy formulation level.
- Ministry of Power, India: Sister central government ministry responsible for conventional power generation, transmission, and distribution. Closely interlinked with MNRE on grid integration, conventional-renewable balancing, and overarching Indian energy policy — the most direct domestic peer.
- Department for Energy Security & Net Zero (UK): UK government department responsible for energy strategy including renewables, nuclear, and net-zero policy. Foreign equivalent national energy ministry with comparable policy formulation and programme implementation functions.
Others
- International Energy Agency (IEA): Intergovernmental energy organization providing policy advice, data, and technology collaboration across all energy sources. MNRE participates in IEA TCP programs for wind, solar, and bioenergy research — a broader-scope partner rather than direct peer to MNRE's renewable-only focus.
Regional players
- National Development and Reform Commission (NDRC) Energy Bureau, China: Chinese government body overseeing national energy policy and planning including renewable energy targets. Comparable policy function but for a different geography and at vastly different geopolitical scale; useful as a cross-country policy comparator.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Ministry of New and Renewable Energy social profiles
Digital presenceMinistry of New and Renewable Energy compliance and trust
Trust signalCompliance1 record
Ministry of New and Renewable Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ministry of New and Renewable Energy leadership team
Management profileNumber of profiles
Profiles3 records
Ministry of New and Renewable Energy subsidiaries and ownership
Company hierarchySubsidiaries5 records
Ministry of New and Renewable Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
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Ministry of New and Renewable Energy M&A and investment
M&A and investmentM&A
Investments
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Frequently asked questions about Ministry of New and Renewable Energy
What does Ministry of New and Renewable Energy do?
The Ministry of New and Renewable Energy (MNRE) is the nodal ministry of the Government of India responsible for formulating policies, implementing programmes, and promoting the development and deployment of renewable energy sources including solar, wind, bio-energy, small hydro, and hydrogen. It administers centrally-sponsored schemes (PM Surya Ghar, PM KUSUM, National Green Hydrogen Mission, Solar PV Module PLI), oversees autonomous research institutes (NISE, NIWE, SSS-NIBE), and channels project financing and implementation through public sector undertakings (IREDA, SECI).
Is Ministry of New and Renewable Energy a public or private company?
Ministry of New and Renewable Energy is a private company. It is classified as state government owned and is currently operating.
When was Ministry of New and Renewable Energy founded?
Ministry of New and Renewable Energy was founded in 2014. It employs 5,001 to 10,000 people.
Where is Ministry of New and Renewable Energy based?
Ministry of New and Renewable Energy is headquartered in New Delhi, India, in the Asia region.
How does Ministry of New and Renewable Energy make money?
One revenue line is on record: government Budget Allocation.
Who are Ministry of New and Renewable Energy's main competitors?
Direct peers on record are U.S. Department of Energy, International Renewable Energy Agency (IRENA), Bureau of Energy Efficiency (BEE), India, NITI Aayog, Ministry of Power, India and Department for Energy Security & Net Zero (UK). International Energy Agency (IEA) is listed as an others. National Development and Reform Commission (NDRC) Energy Bureau, China is listed as a regional player.
Does Ministry of New and Renewable Energy have an API?
No public API is recorded for Ministry of New and Renewable Energy.
What industry is Ministry of New and Renewable Energy in?
Ministry of New and Renewable Energy's product category is Renewable Energy Policy and Administration. Its primary akta.pro industry code is EUAMANAC, Grid Interconnection, Transmission Policy & Market Rules, with a secondary code of EUAMAAAE, Commercial Structuring & Offtake (PPAs, CfDs, Corporate PPAs, Merchant Strategy). Its NAICS code is 2211 and its SIC code is 4911.