The three-year project will focus on how to add larger amounts of silicon, which helps conserve energy, to the small steel components of electric motors.
The goal of the initiative is to address layers of administrative red tape that build up over the years at a large organization like a university.
After abolishing the Energizing Indiana program, Governor Pence is calling for the creation of a new energy efficiency program.
Committee Chairman John Graham says the recommendations are aimed at cost-cutting and government efficiency as ordered by state lawmakers last year.
The plan calls for more domestic oil production, increased fuel efficiency in vehicles, and incentives for energy performance in buildings.
Starting today, license plates and registration tags will no longer be available at BMV branches.
On Tuesday, a blue-ribbon commission evaluating the efficiency of local government in Indiana called for reducing or abolishing township government.