Agartala: The Tripura government has signed a Memorandum of Understanding (MoU) with the Asian Development Bank with the objective to streamline and modernize the power distribution sector.
As per the MoU, Rs 2,275 crore would be spent for the multiple projects approved by the power dept and ADB, Deputy Chief Minister Jishnu Dev Varma said. Dev Varma is also the Power Minister of the state.
Tripura Power department Secretary Brijesh Pandey and ADB India Resident Mission officer-in-charge Nilaya Mitash have signed the necessary agreement papers to revamp the power sector and ensure 24×7 uninterrupted power supply and distribution across the state.
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