RETS is governed by a Managing Board comprising of 7 members. Managing Board advises RETS on policies and major strategic decisions. The board consists of the following members:
| 1 | Vice Chancellor, Nepal Academy of Science and Technology (NAST) | Chairman |
| 2 | Secretary, Nepal Academy of Science and Technology (NAST) | Member |
| 3 | Executive Director, Alternative Energy Promotion Centre (AEPC) | Member |
| 4 | Representative, Nepal Bureau of Standard and Metrology (NBSM) | Member |
| 5 | President, Solar Electric Manufacturers Association Nepal (SEMAN) | Member |
| 6 | Representative from Donor Agencies or Programme working in Renewable Energy Sector or Expert in Renewable Energy Sector | Member |
| 7 | Representative from Organization, Agencies, or Private Sector working in Renewable Energy Sector | Member |
General Manager of RETS is a board secretary of Managing Board.