Cabinet Approves Ropeway Project from Sonprayag to Kedarnath

06 Mar 2025 CW Team

The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Shri Narendra Modi, has approved the construction of 12.9 km ropeway project from Sonprayag to Kedarnath (12.9 km) in Uttarakhand. The project will be developed on Design, Build, Finance, Operate and Transfer (DBFOT) mode at a total capital cost of Rs. 4,081.28 crore. The ropeway is planned to be developed in public-private partnership and will be based on the most advanced Tri-cable Detachable Gondola (3S) technology with a design capacity of 1,800 passengers per hour per direction (PPHPD) carrying 18,000 passengers per day. The ropeway project will be a boon to the pilgrims visiting Kedarnath as it would provide an environment-friendly, comfortable and fast connectivity and reduce travel time in one direction from about 8 to 9 hours to about 36 minutes. The ropeway project will also generate substantial employment opportunities during construction and operations as well as in allied tourism industries like hospitality, travel, foods & beverages (F&B) and tourism throughout the year.

The development of ropeway project is a significant step towards fostering balanced socio-economic development, enhancing last - mile connectivity in hilly regions and fostering rapid economic growth. The journey to the Kedarnath temple is a challenging 16-km uphill trek from Gaurikund and is currently covered on foot or by ponies, palanquins and helicopter. The proposed ropeway is planned to provide convenience to pilgrims visiting the temple and ensure all-weather connectivity between Sonprayag and Kedarnath. Kedarnath is one of the 12 sacred Jyotirlingas situated at an elevation of 3,583 m (11968 ft) in the Rudraprayag district of the State of Uttarakhand. The temple is open for pilgrims for about 6 to 7 months in a year from Akshaya Tritiya (April-May) to Diwali (October-November) and is visited by about 20 lakh pilgrims annually during the season.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..