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Adani Enterprises Secures ₹4,081 Crore Kedarnath Ropeway Project

Adani Enterprises Ltd. (AEL), the flagship company of the Adani Group, has been awarded a ₹4,081 crore contract to construct a 12.9 km ropeway connecting Sonprayag to Kedarnath in Uttarakhand. This project, approved under the National Ropeways Development Programme – Parvatmala Pariyojana, aims to significantly enhance accessibility to the Kedarnath temple, a major pilgrimage site in India.

Currently, pilgrims face an arduous 8–9 hour trek to reach the temple. Once operational, the ropeway will reduce this journey to just 36 minutes, offering a safer and more efficient alternative. With a capacity to transport 1,800 passengers per hour in each direction, the ropeway is expected to serve the approximately 20 lakh devotees who visit Kedarnath annually.

The project will be executed by AEL’s Roads, Metro, Rail, and Water (RMRW) division and is scheduled for completion within six years. It will be developed under a Public-Private Partnership (PPP) model, with revenue sharing between AEL and the National Highways Logistics Management Ltd (NHLML).

This initiative is expected to boost tourism in the region, create employment opportunities, and contribute to the economic development of Uttarakhand. The project aligns with the government’s efforts to improve infrastructure and promote sustainable tourism in the Himalayan region.

Shares of Adani Enterprises saw a positive movement following the announcement, reflecting investor confidence in the project’s potential impact.

In summary, the Sonprayag-Kedarnath ropeway project represents a significant advancement in India’s infrastructure development, promising to transform the pilgrimage experience and contribute to the region’s economic growth.

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