Adani Bids for ₹4,800 Crore Kedarnath Ropeway Project; Govt Takes Over Development.

The upcoming Sonprayag–Gaurikund–Kedarnath ropeway project is set to become a major revenue earner for the government without any upfront investment, reports Dipak Dash.

Adani Enterprises, the preferred bidder for the ₹4,800 crore project, has proposed to share approximately 42% of fare collections with the government. The nearly 13-km-long ropeway is expected to attract a high volume of pilgrims, significantly reducing travel time to just 36 minutes from the current 8–9 hours.

Of the four companies that submitted bids, three suggested a revenue-sharing model with the National Highway Logistics Management Ltd (NHLML), the central agency overseeing highway-linked infrastructure projects.

The Union Cabinet recently approved the ₹4,081 crore ropeway project under a public-private partnership (PPP) framework.

ET