Organised under the aegis of the Ministry of Housing and Urban Affairs (MoHUA), the conference has drawn participation from over 1,600 national and international delegates, focusing on the nexus between urban development and mobility. The event provides a platform for knowledge sharing and collaboration among policymakers, industry experts, and practitioners to promote sustainable and inclusive urban transport solutions in India.

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The discussions also centered on the projected power demand by 2047 and the present energy consumption patterns across various industries. The Union Minister emphasized the need to enhance energy efficiency, reduce emissions, and accelerate the transition towards renewable energy sources.

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The Minister appreciated ADB’s collaboration in developing knowledge frameworks aligned with the priorities outlined in the Union Budget 2025–26. The Fund envisions cities as Growth Hubs, serving as blueprints for transforming water, sanitation, and waste services.

The Minister also expressed interest in ADB initiating demonstration projects that could serve as lighthouse models for future urban development.

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The foundation stone-laying ceremony was attended by the Executive Director (CSR) of REC Limited and other senior officials, alongside enthusiastic local residents who expressed optimism about the project’s potential to energize the district’s cultural landscape.

The construction of this 1000-seater auditorium is expected to be completed within a stipulated time frame, ensuring that the district soon benefits from a modern, inclusive space for artistic and cultural expression. The Auditorium marks a substantial advancement in the cultural and community infrastructure of Siddharthnagar district.

REC Limited has committed ₹7.02 Crore to ensure the construction of this modern facility, designed to be a vibrant hub for community gatherings, cultural programs, and educational events.

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CMD ,Power Finance Corporation (PFC)  Ms Parminder Chopra apprised the Minister of its leadership role and readiness to finance renewable and non-fossil fuel-based power projects, reinforcing its commitment to India’s transition towards clean and sustainable energy. The Minister stressed on enhance monitoring of stressed assets, and adopt alternative revival strategies before resorting to the NCLT route, emphasizing the importance of learning from past cases.

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Union Minister of Power, Shri Manohar Lal, reviewed NTPC, a Maharatna PSU under the Ministry of Power. The discussion focused on NTPC’s role in India’s energy sector, evaluating its performance, shaping future business strategies, and addressing key challenges in expanding renewable energy capacity while maintaining momentum in thermal power generation.

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In terms of power generation, the Minister reported a substantial rise in both fossil and non-fossil capacities, with fossil-based power increasing from 168 GW in 2014 to 246 GW in early 2025, and non-fossil capacity growing from 80 GW to 220 GW during the same period. Shri Manohar Lal also noted the expansion of India’s transmission network from 2.91 lakh circuit kilometers in 2014 to 4.92 lakh circuit kilometers by 2025, contributing to India’s transition from a net importer to a net exporter of power, with exports reaching 9,980 MU in 2025.

Highlighting progress in the distribution sector, the Minister indicated a reduction in energy shortages from 4.2% in 2014 to 0.1% in 2025, alongside a decrease in Aggregate Technical and Commercial (AT&C) losses from 22.62% to 15%. Further advancements include the installation of 2.13 crore smart meters and significant annual energy savings contributing to emissions reductions. With the government’s focus on electric vehicles, the planned installation of EV charging stations is a critical step towards promoting sustainable transport and reducing the carbon footprint. PIB

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