Power Sector Conference Held in Sikkim to Push Modernisation

29 Apr 2025 CW Team

The Regional Conference of the Power Sector was held in Gangtok on April 26, with Union Power and Housing Minister Manohar Lal and Sikkim Chief Minister Prem Singh Tamang leading the discussions. The meet brought together ministers, senior officials, and power sector heads from across the northeastern states.

Speaking at the conference, Union Minister Manohar Lal stressed the need for a modern, financially viable, and environmentally responsible power sector to power India’s growth towards a developed economy. He called for advancing all modes of energy generation — thermal, hydro, atomic, and renewables — to meet rising demands and achieve the target of net zero emissions.

The minister highlighted that despite India bridging 99.9 per cent of its current energy needs, future readiness remains critical. Schemes like RDSS and PM-JANMAN are helping plug distribution gaps and bring last-mile electrification. He urged states to adopt cost-reflective tariffs, cut AT&C losses, prioritise smart metering—especially in government colonies—and strengthen distribution reforms.

Highlighting the hydro and pumped-storage potential of the Northeast, the minister urged states to fully tap these resources to bolster energy security.

Power Secretary Pankaj Agarwal underlined the urgent need for states to secure power supply till FY2030 under their resource adequacy plans. He called for timely investments in intra-state transmission networks using models like TBCB, RTM, and asset monetisation.

Chief Minister Prem Singh Tamang welcomed the gathering and outlined Sikkim’s efforts to improve power reliability. He sought continued Union government support to address state-specific challenges.

Ministers and senior officials from Tripura, Meghalaya, Mizoram, Arunachal Pradesh, and other northeastern states participated, expressing gratitude for the Centre’s focus on strengthening the region’s power infrastructure.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..