Tripura Signs Rs.18,100 Crore Power Investment MoUs to Accelerate Energy Infrastructure and Clean Power Transition
By Our Correspondent
Agartala, July 13, 2026
In a major boost to Tripura's power sector, the Tripura State Electricity Corporation Limited (TSECL) has signed 14 Memoranda of Understanding (MoUs) with leading public and private sector organisations, attracting proposed investments worth Rs.18,100 crore. The agreements are aimed at modernising the state's electricity distribution network, expanding renewable energy generation, strengthening transmission infrastructure, promoting electric mobility, and creating employment opportunities.
Among the largest investments is a Rs.8,400 crore proposal by MACLEC for the development of 400 MW Surface Hydro Kinetics Power Projects across various water streams in the state. Another major commitment comes from REC Ltd., which has proposed Rs.5,000 crore in financing for system strengthening, modernisation and expansion of the electricity distribution sector, while Power Finance Corporation (PFC) Ltd. has pledged Rs.4,000 crore for similar infrastructure development.
The MoUs also focus on clean energy and advanced technologies. PTC India Ltd. will develop a 100 MWh Battery Energy Storage System (BESS) with an investment of Rs.150 crore, while North East Transmission Company Ltd. will establish two 25 MW/50 MWh Battery Energy Storage Systems with an investment of Rs
220 crore. Longtharai Power Pvt. Ltd. has committed Rs.45 crore for setting up a solar power plant.
In the manufacturing sector, Electrotrans Pvt. Ltd. and SAI Electricals will establish transformer manufacturing facilities and enhance transformer repair workshop capacities, with investments of Rs.5.5 crore and Rs.3 crore, respectively. Zentro Power Solutions Pvt. Ltd. will invest Rs.11 crore in manufacturing transformers, panels and insulators.
To support digital transformation and innovation, Xlayer will invest Rs.25 crore in the digitalisation of distribution network operations. KIGG Systems India Pvt. Ltd. has proposed a Rs.100 crore Global Capability Centre in Agartala, in collaboration with the Ministry of Power and the Ministry of Electronics & Information Technology. The centre is expected to leverage talent from NIT Agartala, generate local employment, promote skill development, and house a dedicated Artificial Intelligence (AI) Centre alongside renewable energy and emerging technology capabilities.
In addition, Alternate EV Solutions Pvt. Ltd. will invest Rs.35 crore in establishing public electric vehicle charging stations across the state, while SPAEC Energy has proposed Rs.100 crore for hydropower development. GIZ, Germany, will provide technical assistance worth Rs.5 crore for adopting advanced technologies in distribution modernisation.
Besides the signed MoUs, TSECL has also received Expressions of Interest from Veerman Green Energy Pvt. Ltd., Techno Power-Power Enterprise Pvt. Ltd., and has entered into a Power Purchase Agreement with NHPC for the Kamala Hydro Power Project, indicating further momentum in the state's power sector.
The investment proposals are expected to significantly enhance Tripura's energy security, modernise power infrastructure, expand renewable energy capacity, encourage electric mobility, and generate employment while supporting the state's long-term vision for sustainable economic growth and industrial development.
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