The aims and objects for which the Society is established are as under:

• To promote the diffusion of useful knowledge and understanding in the area of education and provide facilities for instruction in management education with a comprehensive emphasis on the energy and power sectors.
• To undertake and conduct study courses in management, award degrees, diplomas, and certificates, organize conferences, seminars, workshops, lectures, and institute medals, and scholarships.
• To organize training programmes for the extension of knowledge in modern management, distance education, e-learning, skill up gradation/development, seminars and symposia on contemporary issues related to energy and power sectors.
• To affiliate and cooperate with any organization having similar aims either at the national or international level; prepare databases for benchmark-setting in different domains, undertake projects for evolving systems and procedures.
• To provide facilities for the exchange of opinions and views on management practices and trends and for stimulating thoughts and efforts in developing an optimum solutions to management problems through lectures, conferences, plant visits, in-plant training, and training courses.