Cabinet Clears Rs 40.81 Bn Ropeway Project for Kedarnath

07 Mar 2025 CW Team

The Cabinet Committee on Economic Affairs (CCEA) has approved the construction of a 12.9 km ropeway connecting Sonprayag to Kedarnath in Uttarakhand. This project will be implemented under the Design, Build, Finance, Operate, and Transfer (DBFOT) model, with an estimated capital investment of Rs 40.81 billion.

Kedarnath, situated in the Rudraprayag district, is one of the twelve sacred Jyotirlingas and stands at an altitude of 3,583 meters (11,968 feet). The Kedarnath Temple remains open to pilgrims for six to seven months each year, from Akshaya Tritiya (April-May) to Diwali (October-November), attracting approximately 20 lakh devotees per season.

The upcoming ropeway, developed through a public-private partnership, will incorporate the advanced Tri-cable Detachable Gondola (3S) technology. With a design capacity of 1,800 passengers per hour in each direction, the system is expected to accommodate up to 18,000 travellers daily. This initiative aims to enhance connectivity and improve accessibility for the increasing number of visitors to the temple.

At present, reaching Kedarnath requires a strenuous 16-km uphill trek from Gaurikund, with pilgrims relying on foot travel, ponies, palanquins, or helicopter services. The introduction of the ropeway will significantly reduce travel time from approximately 8-9 hours to just 36 minutes. This development is expected to provide a safer, more efficient, and environmentally sustainable transportation option, ensuring year-round accessibility to the revered pilgrimage site.

News source: DD News

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..