New Delhi, 10 July: State-owned REC Limited has signed two Memorandums of Understanding (MoUs) with the Government of Tripura to provide financial support of up to ₹15,000 crore for power infrastructure and renewable energy projects, reinforcing its commitment to sustainable development in Northeast India.
The agreements were signed during the Destination Tripura Business Conclave 2026, marking a significant step toward strengthening the state’s clean energy ecosystem and modernising its power infrastructure.
Under the first MoU, REC has partnered with the Tripura Renewable Energy Development Agency (TREDA) to finance renewable energy projects worth up to ₹5,000 crore. As the state’s nodal agency for renewable energy, TREDA will facilitate the implementation of solar, wind and other clean energy projects, while REC will provide financial assistance to accelerate investments in the sector.
In a separate agreement, REC signed an MoU with the Department of Power, Government of Tripura, through the Tripura State Electricity Corporation Limited (TSECL), to support power sector projects valued at ₹10,000 crore.
The partnership aims to finance critical initiatives for expanding and modernising the state’s electricity infrastructure, enhancing grid reliability, and ensuring sustainable and uninterrupted power supply for consumers across Tripura.
REC stated that the twin agreements reflect its continued focus on financing strategic energy infrastructure projects while supporting India’s clean energy transition and the development of reliable power systems in the Northeast.
The ₹15,000 crore investment is expected to strengthen Tripura’s energy security, promote renewable energy adoption, and contribute to the state’s long-term economic and sustainable development goals.
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