State-owned power sector financier REC Limited has signed two major Memorandums of Understanding (MoUs) with the Government of Tripura to support power infrastructure and renewable energy projects worth ₹15,000 crore. The agreements, signed during the Destination Tripura Business Conclave 2026, aim to accelerate the state’s energy development, improve electricity infrastructure, and promote clean energy adoption.

The MoUs were signed in the presence of Ratan Lal Nath, Minister of Power, Government of Tripura, highlighting the state’s commitment to strengthening its power sector and expanding renewable energy capacity.

REC to Support ₹10,000 Crore Power Sector Projects

Under the first agreement, REC Limited will provide financial assistance of up to ₹10,000 crore for power sector projects in Tripura through the Tripura State Electricity Corporation Limited (TSECL).

The MoU was signed by Subhendu Roy, Chief Program Manager, REC Regional Office, Guwahati, and Biswajit Basu, Managing Director, TSECL.

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The partnership is expected to support the expansion and modernisation of the state’s electricity infrastructure, improve power distribution, and enhance the reliability of electricity supply across Tripura.

₹5,000 Crore Push for Renewable Energy

In a separate agreement, REC Limited signed an MoU with the Tripura Renewable Energy Development Agency (TREDA) to provide financial support of up to ₹5,000 crore for renewable energy projects in the state.

The agreement seeks to accelerate the development of clean energy infrastructure while promoting sustainable growth and increasing the share of renewable energy in Tripura’s power mix.

The MoU was signed by Subhendu Roy on behalf of REC and D. S. Das, Director General (In-charge), TREDA.

The signing ceremony was also attended by K. Ashish Rao, Deputy General Manager (BDM), REC Ltd., and Uttam Kumar Bargayary, Chief Manager, REC Ltd.

Focus on Sustainable Energy Development

Under the renewable energy partnership, TREDA will facilitate the implementation of clean energy projects across the state, while REC will provide the required financial assistance for their execution.

The initiative is expected to encourage greater investment in renewable energy, strengthen Tripura’s clean energy ecosystem, and contribute to India’s long-term renewable energy and sustainability goals.

Boost for Tripura’s Energy Infrastructure

Together, the two agreements represent a combined investment support of ₹15,000 crore for Tripura’s power sector.

The initiatives are expected to improve electricity infrastructure, strengthen transmission and distribution networks, expand renewable energy capacity, and create new opportunities for economic development in the state.

Also Read | REC Limited to Invest ₹1 Lakh Crore in Mumbai Metropolitan Region

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The partnerships also align with the Government of India’s broader vision of ensuring reliable power supply, promoting green energy, and accelerating infrastructure development across the Northeast.

About REC Limited

REC Limited is a Maharatna Central Public Sector Enterprise under the Ministry of Power, Government of India. The company plays a key role in financing power generation, transmission, distribution, and renewable energy projects across the country, supporting India’s transition towards a modern and sustainable energy sector.

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