Current Date: 20 Apr, 2025

₹4,800 Crore Lift: Adani-Led Ropeway Transforms Kedarnath Access

The upcoming Sonprayag–Gaurikund–Kedarnath ropeway project is poised to become a significant revenue generator for the government, without requiring any upfront public investment, according to a report by Dipak Dash.

Adani Enterprises, selected as the preferred bidder for the ₹4,800 crore initiative, has proposed to share around 42% of fare revenues with the government. Spanning nearly 13 kilometers, the ropeway is expected to draw a large number of pilgrims and dramatically cut travel time to just 36 minutes—down from the current 8 to 9 hours.

Out of four firms that submitted bids, three recommended a revenue-sharing model with the National Highway Logistics Management Ltd (NHLML), the central agency responsible for managing highway-related infrastructure.

The Union Cabinet has recently given its approval for the ₹4,081 crore ropeway project under a public-private partnership (PPP) model.

 

News by Rahul Yelligetti.

 

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Source : projxnews