NHLML, Himachal Pradesh govt signs MoU for 7 ropeway projects

28 Apr 2022 CW Team

The National Highways Logistics Management Limited (NHLML), and the Himachal Pradesh Government signed a memorandum of understanding (MoU) for the seven ropeway projects construction in the State under the Parvatmala Yojana.

Ropeway projects of approximately 57 km worth Rs 3,232 crore have been given the go-ahead by NHLML, and the Himachal Pradesh Government.

Nitin Gadkari, Union Minister of Road, Transport, and Highways, and Jai Ram Thakur, Chief Minister of Himachal Pradesh, were present on the occasion. The Ministers also inspected the ongoing developmental projects in the State. Parvatmala is a National Ropeways Development Programme proposed to build a modern system of transportation and connectivity in the mountains.

In February 2021, the Government of India (Allocation of Business) Rules 1961 were amended and allowed the Ministry of Road, Transport and Highways (MoRTH) to look after the development of ropeway and Alternate Mobility Solutions. Nirmala Sitharaman, Union Finance Minister, while presenting the Union Budget for 2022-23, announced the Parvatmala project that will be taken up on Public-Private Partnership (PPP) mode.

Image Source

Also read: NHAI terminates Chetak Enterprise's Kaithlighat-Dhalli road contract

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..