REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) operating under the Ministry of Power, has inked two MoUs with the Tripura Government, totalling ₹15,000 crore, in an effort to fortify the power grid and renewable energy environment in the state. The partnerships, which were formalised during the 2026 Destination Tripura Business Conclave, demonstrate REC’s dedication to promoting environmentally friendly infrastructure development in the Northeast.
The Department of Power facilitated the signing of the first MoU, with a value of ₹5,000 crore, with the Tripura Renewable Energy Development Agency (TREDA). This agreement between Tripura and REC Limited will unlock Tripura’s renewable energy potential by providing financial assistance for renewable energy projects. This will allow the state to expedite clean power efforts such as solar, green energy, and others.
TSECL, on behalf of the Department of Power, Government of Tripura, and REC also inked a second memorandum of understanding (MoU) for ₹10,000 crore worth of projects. In order to promote future economic growth and guarantee consumers dependable and sustainable electricity, the partnership intends to fund the extension and modernisation of the state’s power infrastructure.
In the presence of Shri Ratan Lal Nath, Hon’ble Minister of Power, Government of Tripura, senior officials from TREDA and TSECL, as well as Shri Subhendu Roy, Chief Program Manager of the REC Regional Office in Guwahati, signed the agreements. An improved, greener, and more resilient energy system is a common goal, and the collaborations show that.
Tripura can fortify its move towards a low-carbon and energy-secure future with the help of REC Limited, which will expand power infrastructure and promote the development of renewable energy sources. This will increase electricity access, attract private investment, and lessen the impact of climate change. Additionally, the initiatives are anticipated to enhance the quality of life for inhabitants and contribute to regional growth.
The 15,000 crore investment further solidifies REC Limited’s position as a frontrunner in funding India’s power sector, aligning with the government’s goals of increasing access to clean energy, enhancing transmission infrastructure, and fostering inclusive economic growth nationwide.
Image: India Masterminds
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