The MoUs were signed during the Destination Tripura Business Conclave 2026, reflecting REC’s continued commitment to enabling sustainable development and strengthening power infrastructure in the Northeast.

Under the first MoU, REC Limited has partnered with the Tripura Renewable Energy Development Agency (TREDA), through the Department of Power, Government of Tripura, to provide financial assistance for renewable energy projects worth up to ₹5,000 crore. The agreement was signed by Sh. Subhendu Roy, Chief Program Manager, REC Regional Office, Guwahati, and Sh. D. S. Das, Director General (In-charge), TREDA.

As the nodal agency for renewable energy development in Tripura, TREDA will facilitate the implementation of renewable power projects across the state, while REC Limited will provide financial support to enable investments in the green energy sector. The partnership is expected to accelerate clean energy adoption, unlock Tripura’s renewable energy potential, and contribute significantly to the region’s sustainable development.

Further strengthening its partnership with the state, REC Limited also signed an MoU with the Department of Power, Government of Tripura, through the Tripura State Electricity Corporation Limited (TSECL), to support power sector projects worth ₹10,000 crore.

The signing ceremony was graced by Sh. Ratan Lal Nath, Hon’ble Minister of Power, Government of Tripura. The MoU was signed by Sh. Subhendu Roy, Chief Program Manager, REC Regional Office, Guwahati, and Sh. Biswajit Basu, Managing Director, TSECL.

The ₹10,000 crore partnership aims to facilitate financing for key power sector initiatives in the state, contributing to the expansion and modernization of Tripura’s power infrastructure while ensuring reliable and sustainable electricity access for its citizens.

Established in 1997, the SKOCH Award framework recognizes organizations that create meaningful and measurable impact rather than merely rewarding scale or visibility, making it one of the most respected independent recognitions in the country. The SKOCH Awards are notable for their independent research led evaluation, evidence-based assessment, peer review by similar organisations, and focus on identifying scalable models of excellence.

The 2026 SKOCH Awards honoured leading government institutions, public sector enterprises, banks and private organisations. This year’s awardees included Union Bank of India, Indian Overseas Bank, Central Bank of India, Central Warehousing Corporation (CWC), Shipping Corporation of India, and the Governments of Punjab, Maharashtra (UMED Mission), Uttarakhand and Sikkim.

Over the years, the SKOCH platform has also featured leading private sector organisations such as Reliance Industries Limited, Mahindra Group, Tech Mahindra, Tata Consultancy Services (TCS), Infosys, HCL Technologies, JSW Group, Larsen & Toubro (L&T) and Adani Group. In the renewable energy sector, POWERCON joins a select group of 2026 SKOCH awardees that includes REC Limited, NLC India Limited and GAIL (India) Limited.

“This recognition is a strong validation of our belief that sustainability and operational excellence are inseparable in maximising the value of renewable energy assets. It reaffirms our mission of delivering ‘more MWh of clean Energy per MW of installed Power’ through responsible and sustainable business practices. In doing so, we create lasting value for our customers, communities, and the environment, while contributing to India’s journey towards Viksit Bharat@2047,” said Mr. Praveen Kakulte, CEO & Founder, POWERCON.

As India accelerates toward 1,800 GW of Clean Energy by 2047 and net-zero by 2070, POWERCON continues to play a critical role across the renewable energy value chain from project development and construction to lifetime O&M operations, asset performance optimization, diagnostics, analytics, and advanced asset management services.

#IOAGPL #PRPL

#GAIL #MoPNG #PNGRB

#CGD #CNG #CBG

#Energytransition #sustainablefuture

#OneStepGreener

Secretary, MNRE, Santosh Kumar Sarangi said that India’s clean energy transition requires diversification of renewable energy sources and greater focus on region-specific solutions. He emphasized that Small Hydro Power is a mature, reliable and environmentally sustainable renewable energy technology that can play a crucial role in strengthening energy security, supporting rural development and promoting balanced regional growth.

The Ministry said that the newly launched Scheme aims to support installation of approximately 1500 Megawatt of new Small Hydro Power capacity. The Scheme with a total financial outlay of over 2 thousand five hundred crore rupees, aims to provide Central Financial Assistance for SHP projects, support for preparation of detailed project reports and support for capacity building and others.

POWERGRID’s recognition in the Climate Change category reflects its initiatives promoting energy-efficient transmission infrastructure, and integrating sustainability into project execution.

The Green World Awards, instituted by The Green Organisation, U.K., are among the globally recognised environmental honours, celebrating organisations that demonstrate measurable progress in sustainability, carbon reduction, and environmental management.

The award was presented by Shri Anil Razdan, Former Secretary (Power) along with other dignitaries and received on behalf of IREDA by Mrs. Mala Ghosh Choudhury, General Manager (HR); Ms. Durre Shahwar, General Manager (HR); and Mrs. Punnu Grover, Chief Compliance Officer, along with other women officers.

Congratulating on the achievement, Shri Pradip Kumar Das, Chairman and Managing Director, IREDA, said, “This recognition reflects IREDA’s sustained efforts to build a supportive and inclusive workplace, where women professionals are encouraged to grow and contribute meaningfully to India’s clean energy journey. With around 23% women employees, among the highest in CPSEs, IREDA firmly believes that empowering women is essential for building a strong and future-ready clean energy ecosystem.”

CMD, IREDA expressed his gratitude to the Hon’ble Union Minister for New & Renewable Energy; Hon’ble Minister of State for New & Renewable Energy; Secretary, MNRE; Board of Directors; and all stakeholders for their continued guidance and support.