Adani Enterprises Ltd. (AEL), the flagship incubator of the Adani Portfolio, has received a Letter of Award (LoA) from the National Highways Logistics Management Ltd. (NHLML) for building the prestigious ropeway project connecting Sonprayag with Kedarnath. The project will be executed by AEL’s Roads, Metro, Rail, and Water (RMRW) division.
Once operational, the 12.9 km ropeway project will reduce travel time from an arduous 9-hour trek to just 36 minutes, making the pilgrimage far easier and safer. The ropeway will be able to carry 1,800 passengers per hour per direction, serving lakhs of pilgrims each year. Kedarnath witnesses around 20 lakh pilgrims annually, highlighting the importance of this project.
The ropeway is part of the National Ropeways Development Programme – Parvatmala Pariyojana. Developed on a Public-Private Partnership (PPP) basis, the project will take six years to complete and AEL will operate it for 29 years after construction. Along with improving connectivity, the project is expected to create jobs and boost tourism in the region.
“The Kedarnath ropeway is more than an engineering project – it is a bridge between devotion and modern infrastructure,” said Mr Gautam Adani, Chairman of the Adani Group. “By making this sacred journey safer, faster and more accessible, we honour the faith of millions while creating new opportunities for Uttarakhand’s people through our partnership with NHLML and the Government of Uttarakhand. This prestigious project reflects our commitment to building infrastructure that not only serves the nation but also uplifts its people.”
About Adani Enterprises Ltd
Adani Enterprises Limited (AEL) is the flagship company of Adani Group, one of India’s largest business organisations. Over the years, Adani Enterprises has focused on building emerging infrastructure businesses, contributing to nation-building and divesting them into separate listed entities.
Having successfully built sizeable and scalable businesses like Adani Ports & SEZ, Adani Energy Solutions, Adani Power, Adani Green Energy, Adani Total Gas and Adani Wilmar, the company has contributed to making India self-reliant with robust businesses. This has also led to significant returns to our shareholders for three decades.
The next generation of its strategic business investments are centered on the green hydrogen ecosystem, airport management, data center, roads and primary industries like copper and petrochem – all of which have significant scope for value unlocking.
Also Read: Adani Power Wins ₹3,000 Crore Bid For 2,400 MW Thermal Plant In Bihar: What’s The Impact?
Ankur Mishra is a journalist who covers an extensive range of news, from business, stock markets, IPOs to geopolitics, world affairs, international crises, and general news. With over a decade of experience in the business domain, Ankur has been associated with some of the reputed media brands. Through a sharp eye on global marketplaces along with deep insights and analysis of business strategies, Ankur brings simplicity to the complex economic matrix to decode market trends and empower people.
He is committed to entrenched data, facts, research, solutions, and a dedication to value-based journalism. He has covered trade tariff wars, international alliances, corporate policies, government initiatives, regulatory developments, along with micro- and macroeconomic shifts impacting global fiscal dynamics.
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