An agreement for the development of renewable energy projects in the northeastern state of Tripura has been inked by the Tripura government and NTPC Renewable Energy Limited (NTPC REL). In the nation's capital, the Memorandum of Understanding (MoU) was signed by the chief
minister of Tripura, Manik Saha, and top NTPC Ltd. executives. "NTPC REL signed an MoU with the government of Tripura on 16-01-2023 for development of renewable energy projects in Tripura," it said. The agreement aims to develop large-sized renewable energy projects in Tripura and shall help the state in meeting its clean energy commitments. Under the MoU, floating and ground mounted renewable energy projects will be developed in the state. Tripura power secretary Brijesh Pandey, NTPC Ltd Director (Commercial) C K Mondal, NTPC Director (Finance) J Srinivasan, and NTPC REL's CEO Mohit Bhargava were present at the event.
The nodal organisation for carrying out renewable energy projects in Tripura is the Tripura Renewable Energy Development Agency (TREDA). The state-owned power company NTPC's wholly-owned subsidiary NTPC REL produces electricity.
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