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Adani Enterprises secures LoA for building prestigious ropeway project

15 Sep 2025 Evaluate

Adani Enterprises (AEL) has received a Letter of Award (LoA) from the National Highways Logistics Management (NHLML) for building the prestigious ropeway project connecting Sonprayag with Kedarnath. The project will be executed by AEL’s Roads, Metro, Rail, and Water (RMRW) division.

Once operational, the 12.9 km ropeway project will reduce travel time from an arduous 9-hour trek to just 36 minutes, making the pilgrimage far easier and safer. The ropeway will be able to carry 1,800 passengers per hour per direction, serving lakhs of pilgrims each year. Kedarnath witnesses around 20 lakh pilgrims annually, highlighting the importance of this project.

The ropeway is part of the National Ropeways Development Programme - Parvatmala Pariyojana. Developed on a Public-Private Partnership (PPP) basis, the project will take six years to complete and AEL will operate it for 29 years after construction. Along with improving connectivity, the project is expected to create jobs and boost tourism in the region.

Adani Enterprises (AEL), the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.

Adani Enterprises Share Price

2228.00 9.65 (0.44%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 227.50
Adani Enterprises 2228.00
Amrapali Industries 17.36
Rashi Peripheral 474.40
PDS 294.40
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