NDB Approves Tenders for Shimla Ropeways
ROADS & HIGHWAYS

NDB Approves Tenders for Shimla Ropeways

The New Development Bank (NDB) has approved the process to float tenders for the development of ropeway projects worth ?1,734 crore in Shimla, Himachal Pradesh. These projects aim to enhance the city’s urban transport system and boost tourism infrastructure by providing an eco-friendly and efficient mode of transportation for both residents and visitors.

Shimla, known for its picturesque landscapes and heavy tourist influx, has long been grappling with traffic congestion, particularly during peak tourist seasons. The ropeway system, expected to span across various routes in the city, will help alleviate traffic burdens while offering a sustainable transport solution. The NDB’s approval for these tenders is a significant step toward the actualization of the project, which has been in planning to modernize the city's transit infrastructure.

Once implemented, the ropeway system will not only improve local connectivity but also provide a scenic and quick alternative for tourists, further boosting Shimla’s appeal as a major tourist destination. The project will be rolled out under the public-private partnership model, ensuring collaborative efforts between the government and private players in the infrastructure sector.

The investment aligns with the state’s broader goal of promoting eco-friendly and sustainable transport options in hilly regions. With the NDB's backing, the ropeway projects are expected to contribute significantly to Shimla’s development, ensuring better mobility for its residents and enhancing its tourism potential, positioning it as a model for urban transport solutions in India’s mountainous regions.

The New Development Bank (NDB) has approved the process to float tenders for the development of ropeway projects worth ?1,734 crore in Shimla, Himachal Pradesh. These projects aim to enhance the city’s urban transport system and boost tourism infrastructure by providing an eco-friendly and efficient mode of transportation for both residents and visitors. Shimla, known for its picturesque landscapes and heavy tourist influx, has long been grappling with traffic congestion, particularly during peak tourist seasons. The ropeway system, expected to span across various routes in the city, will help alleviate traffic burdens while offering a sustainable transport solution. The NDB’s approval for these tenders is a significant step toward the actualization of the project, which has been in planning to modernize the city's transit infrastructure. Once implemented, the ropeway system will not only improve local connectivity but also provide a scenic and quick alternative for tourists, further boosting Shimla’s appeal as a major tourist destination. The project will be rolled out under the public-private partnership model, ensuring collaborative efforts between the government and private players in the infrastructure sector. The investment aligns with the state’s broader goal of promoting eco-friendly and sustainable transport options in hilly regions. With the NDB's backing, the ropeway projects are expected to contribute significantly to Shimla’s development, ensuring better mobility for its residents and enhancing its tourism potential, positioning it as a model for urban transport solutions in India’s mountainous regions.

Next Story
Infrastructure Urban

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Next Story
Infrastructure Urban

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Next Story
Infrastructure Energy

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement