+
Govt to develop more than 250 ropeway projects of over 1,200 km
ECONOMY & POLICY

Govt to develop more than 250 ropeway projects of over 1,200 km

Union Minister for Road Transport and Highways Nitin Gadkari addressed 'INTERALPIN 2023 Fair', the Leading International Trade Fair for Alpine Technologies at Innsbruck, Austria. The fair brings together key industry players, service providers, and decision-makers from the Cable Car industry.

Gadkari said under “Parvatmala Pariyojana”, the Government of India plans to develop 250+ projects with a Ropeway length of 1,200+ km over 5 years. He said the focus is on PPP under Hybrid Annuity Model with 60% contribution support by Government of India. He said the manufacturing of ropeway components will be promoted under the "Make in India" initiative.

Gadkari encouraged the Austrian and European industries to participate in enhancement of existing ropeway standards to ensure sustainable and safer transport and to be a part of this transformational journey to take Indian infrastructure to greater heights.

Gadkari also visited exhibits of world’s leading manufacturers of ropeway systems offering high-tech solutions, innovative design, top quality, and functionality, thus paving the way for convenient and environmentally friendly ropeway passenger transport.

Also Read

Union Minister for Road Transport and Highways Nitin Gadkari addressed 'INTERALPIN 2023 Fair', the Leading International Trade Fair for Alpine Technologies at Innsbruck, Austria. The fair brings together key industry players, service providers, and decision-makers from the Cable Car industry.Gadkari said under “Parvatmala Pariyojana”, the Government of India plans to develop 250+ projects with a Ropeway length of 1,200+ km over 5 years. He said the focus is on PPP under Hybrid Annuity Model with 60% contribution support by Government of India. He said the manufacturing of ropeway components will be promoted under the Make in India initiative.Gadkari encouraged the Austrian and European industries to participate in enhancement of existing ropeway standards to ensure sustainable and safer transport and to be a part of this transformational journey to take Indian infrastructure to greater heights.Gadkari also visited exhibits of world’s leading manufacturers of ropeway systems offering high-tech solutions, innovative design, top quality, and functionality, thus paving the way for convenient and environmentally friendly ropeway passenger transport.Also ReadBihar Cabinet approves for construction of AIIMS-DarbhangaTangedco to get coal for Mettur plant

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?