This MoU embarks upon the journey towards development of large sized renewable energy projects in the state of Tripura and shall help Government of Tripura in meeting its clean energy commitments and obligations.

NTPC is primarily involved in the generation and sale of bulk power to state power utilities. Other business of the group includes providing consultancy, project management & supervision, energy trading, oil & gas exploration and coal mining.

The company's consolidated net profit declined 7.2% to Rs 3,338.45 crore despite of 36.3% jump in net sales to Rs 44,175.03 crore in Q2 FY23 over Q2 FY22.