REC Signs INR 5,000 Crore MoU with TREDA to Support Renewable Energy Projects in Tripura

REC Ltd. has announced that it has signed a Memorandum of Understanding (MoU) with the Tripura Renewable Energy Development Agency (TREDA), through the Department of Power, Government of Tripura, to facilitate financing of renewable energy projects worth up to INR 5,000 crore in the state.

The agreement was signed during the Destination Tripura Business Conclave 2026, to accelerate renewable energy deployment and strengthen the clean energy ecosystem in Northeast India.

The MoU was executed by Subhendu Roy, Chief Program Manager, REC Regional Office, Guwahati, and D.S. Das, Director General (In-charge), TREDA, in the presence of K. Ashish Rao, Deputy General Manager (BDM), REC Ltd., and Uttam Kumar Bargayary, Chief Manager, REC Ltd.

Under the agreement, TREDA, the nodal agency for renewable energy development in Tripura, will facilitate the implementation of renewable power projects across the state, while REC will extend financial assistance to support investments in the sector.
The collaboration aims to accelerate clean energy adoption, promote sustainable development, and unlock Tripura’s renewable energy potential through enhanced access to financing. The initiative is also expected to contribute to the broader energy transition across Northeast India by supporting the development of renewable power infrastructure, stated REC.