NHLML, Himachal Pradesh govt signs MoU for 7 ropeway projects
ROADS & HIGHWAYS

NHLML, Himachal Pradesh govt signs MoU for 7 ropeway projects

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

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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

Next Story
Infrastructure Energy

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

Next Story
Infrastructure Urban

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

Next Story
Infrastructure Energy

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement