City
Epaper

MNRE committed to advancing cutting-edge renewable energy technologies: Pralhad Joshi

By ANI | Updated: July 15, 2025 20:29 IST

New Delhi [India], July 15 : Union Minister Pralhad Joshi on Tuesday said that the Ministry of New and ...

Open in App

New Delhi [India], July 15 : Union Minister Pralhad Joshi on Tuesday said that the Ministry of New and Renewable Energy (MNRE) is committed to advancing cutting-edge renewable energy technologies under the vision of Aatmanirbhar Bharat, ensuring India leads in clean energy innovation.

In this respect, the MNRE's support for premier institutions like NCPRE and IIT Bombay strengthens domestic R&D, reduces reliance on imported technology, and fosters indigenous manufacturing, he said, according to the Ministry of New and Renewable Energy.

Through initiatives like the Renewable Energy Research & Technology development (RE-RTD) and R&D funding schemes, MNRE is enabling institutions like NCPRE to accelerate lab-to-market transitions, further stated Joshi.

He added that NCPRE's work exemplifies how public-funded research, when coupled with policy support, can position India as a global clean energy hub.

Highlighting MNRE's Strategic Support for R&D & Commercialisation, Joshi urged the IIT Bombay-ART PV team to commercially demonstrate that Perovskite Tandem Solar Cells are not only scalable but also profitable. By making advanced technologies accessible to industry, we will not just be driving efficiency, but also building a stronger innovation ecosystem, he said.

Joshi further said that this approach aligns perfectly with the larger vision of the Central Government under the leadership of PM Narendra Modi to turn Indian R&D into global benchmarks. He stated that the Union Cabinet approved the Research Development and Innovation (RDI) Scheme just two weeks back, and the budget for Gross Expenditure on Research and Development (GERD), stands at Rs 1.27 lakh crore.

Union Minister visited the National Centre for Photovoltaic Research and Education (NCPRE) in IIT Bombay and held an interactive meeting with its Investigators and Advisory Board Members.

He visited the Perovskite Tandem solar cell lab, Silicon Fab laboratory and Medium voltage Laboratory at NCPRE and interacted with the scientists.

IIT-Bombay-incubated startup - Advanced Renewable Tandem-Photovoltaics India (ART-PV India) has developed a 2-Terminal Monolithic Silicon/CdTe-Perovskite tandem solar cell with a conversion efficiency of 29.8 per cent. This is a national milestone and one of the highest performance levels ever achieved in India.

NCPRE was launched at IIT Bombay in 2010 with funding from the Ministry of New and Renewable Energy (MNRE) of the Government of India. The broad objectives of NCPRE are to provide R&D and education support for India's ambitious 100 GW solar mission. Till date, MNRE has provided over Rs 200 crore funding to NCPRE, IIT Bombay, over the last 15 years.

MNRE is also supporting ART-PV India with USD 10 million (~ Rs 83 crore) for establishing a state-of-the-art pilot manufacturing facility in IIT-B campus, in line with the commitment to nurturing domestic Intellectual Property, and ensuring Indian innovation reaches global markets.

MNRE will continue to provide policy and financial support to ensure India's RE sector thrives on innovation and self-reliance, said Union Minister.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalRajasthan govt schools to hold mega parent-teacher meeting on October 31; Sri Krishna Bhog to be organised

NationalOdisha Deputy CM stresses balanced growth and mental well-being among adolescents

InternationalDozens dead as Hurricane Melissa batters Caribbean, moves towards Bahamas

Other SportsCheerleading seeks inclusion in Olympic Games

InternationalLithuania to close border with Belarus for 1 month

Business Realted Stories

BusinessIndia targets $500 billion electronics manufacturing by 2030

BusinessBharat International Rice Conference will give greater access to Indian rice farmers: IREF's Dev Garg

BusinessNvidia becomes world’s first $5 trillion company amid the AI boom and strategic tie-ups

BusinessGovt, PHDCCI hold pre-budget consultations focused on ease of doing business and MSME support

BusinessNot a single industry has moved out of the state, says Karnataka govt