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India Today
4 days ago
- Business
- India Today
Uttarakhand government inks deal with Swiss firm for Rishikesh ropeway
In a significant boost to sustainable tourism and pilgrimage infrastructure, the Uttarakhand government has signed a Memorandum of Understanding (MoU) with Swiss ropeway manufacturer Bartholet Maschinenbau AG for the development of a ropeway connecting Tapovan in Rishikesh to the Kunjapuri Temple in initiative, led under the guidance of Chief Minister Pushkar Singh Dhami, Tourism Minister Satpal Maharaj, and the Uttarakhand Tourism Development Board, marks a major milestone in the state's infrastructure ropeway project will offer seamless and eco-friendly access to Kunjapuri Temple, a prominent spiritual and tourist destination, significantly reducing travel time while enhancing safety and minimising environmental impact. Bartholet, a globally renowned Original Equipment Manufacturer (OEM) and part of the HTI Group, was selected after rigorous evaluation by a high-level a first-of-its-kind approach in India, the OEM will be involved from the conceptual stage through to commissioning and operations. The company will also prepare the Detailed Project Report (DPR) at its own cost, ensuring global standards in both design and early involvement of the OEM is expected to eliminate technical ambiguities and design flaws, resulting in reduced implementation timelines and smoother execution. This model is being viewed as a revolutionary precedent not just for Uttarakhand but as a potential benchmark for ropeway projects across the project will be executed under a Public-Private Partnership (PPP) model using the Design-Build-Finance-Operate-Transfer (DBFOT) framework. It is anticipated to ease traffic congestion, improve connectivity, and boost safety for both pilgrims and tourists. Additionally, the initiative is set to generate local employment and long-term revenue for the selection was based on its proven expertise in executing projects in challenging terrains, its compliance with international safety standards, and its advanced ropeway technology. The transparent selection process underscores Uttarakhand's commitment to innovation, efficiency, and adherence to global best Reel
Time of India
4 days ago
- Business
- Time of India
Uttarakhand government signs MoU with Swiss OEM Bartholet for ropeway development from Rishikesh to Kunjapuri temple
In a step towards promoting sustainable tourism and enhancing pilgrimage connectivity, the government of Uttarakhand, under the leadership of the chief minister Pushkar Singh Dhami ji, and tourism minister Satpal Maharaj, and Uttarakhand tourism development board, has signed a memorandum of understanding (MoU) with the world-renowned Swiss ropeway manufacturer, Bartholet Maschinenbau AG, for the development of a ropeway from Tapovan (Rishikesh) to Kunjapuri Temple (Narendranagar). The ropeway will connec Kunjapuri Temple with Rishikesh, thereby reducing travel time, enhancing visitor safety, and minimizing environmental impact. The MoU with Bartholet, a leading original equipment manufacturer (OEM) based in Switzerland and part of the HTI Group, was finalized after rigorous evaluation by a high-level committee. Bartholet will be responsible for preparing the detailed project report (DPR) at its own cost, based on comprehensive techno-economic assessments, thus ensuring world-class standards in design and implementation. Revolutionizing ropeway development For the first time in India, an OEM has been involved right from the conceptual stage of a ropeway project. Bartholet will remain actively engaged from conception to commissioning and operations, ensuring a seamless, integrated approach. This early involvement eliminates technical ambiguities and design flaws that often arise in later stages. As a result, the project is expected to significantly reduce implementation timelines and ensure smooth execution. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 2025 Top Trending local enterprise accounting software [Click Here] Esseps Learn More Undo This model sets a revolutionary precedent in ropeway development not only for Uttarakhand but also as a potential national model for similar projects across India. Key highlights: First-of-its-kind collaboration with a global ropeway OEM under a State-led initiative for faster execution. OEM-led DPR preparation and technical due diligence at no cost to the state. Executed under a public-private partnership (PPP) model using the Design-Build-Finance-Operate-Transfer (DBFOT) framework. Improves connectivity, reduces traffic congestion, and enhances safety for pilgrims and tourists. Boosts local employment and generates long-term revenue for the state. This initiative is in line with the Uttarakhand government's commitment to innovation, efficiency, and global best practices. Bartholet's selection was conducted transparently and based on the company's proven expertise in challenging terrains, compliance with international safety standards, and advanced ropeway technology. Strategic Importance : Enhances the spiritual tourism circuit in Uttarakhand. State's vision for modern, green infrastructure. Sets a benchmark for national ropeway projects under a more efficient and integrated policy framework.
Hans India
4 days ago
- Business
- Hans India
CM Naidu Thanks PM Modi, Nitin Gadkari for Approving Badvel–Nellore Highway Project
The Union Cabinet has approved building a four-lane highway between Badvel and Nellore in Andhra Pradesh. After this news, Chief Minister N Chandrababu Naidu thanked Prime Minister Narendra Modi and Union Minister Nitin Gadkari. The Cabinet Committee on Economic Affairs (CCEA), led by PM Modi, approved the project. The highway will be 109 kilometers long and will cost about ₹3,653 crore. The highway will be built using the Design-Build-Finance-Operate-Transfer (DBFOT) model, said the government's press office. On Wednesday, Naidu said the new road will: Improve travel and connectivity in the region Make the infrastructure stronger Help the economy grow Provide more job opportunities to young people, especially in rural areas PM Modi also praised the project in a post on X (Twitter). He said it will help Andhra Pradesh develop faster. One big benefit of the highway is that it will shorten the distance to Krishnapatnam Port in Nellore district. Right now, the trip is 142 kilometers. After the highway is built, it will be only 108 kilometers. This means the journey will be 34 kilometers shorter and faster than the current busy road. This project is an important step to improve roads, travel, and the economy in Andhra Pradesh.
Hans India
4 days ago
- Business
- Hans India
Union Cabinet okays Rs. 3,653 cr Badvel-Nellore highway project
Amaravati/New Delhi: In a significant push to infrastructure and logistics enhancement in Andhra Pradesh, the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi approved the construction of a 4-lane highway corridor from Badvel to Nellore. The project will be implemented under the Design-Build-Finance-Operate-Transfer (DBFOT) model at an estimated capital cost of Rs 3,653.10 crore. The 108.134-km-long corridor will begin at Gopavaram village on the National Highway 67 (NH-67) in YSR Kadapa district and terminate at Guruvindapudi village nearKrishnapatnam Port Junction on NH-16 (part of the Chennai-Kolkata corridor) in SPSR Nellore district. This strategic route will provide improved access to Krishnapatnam Port and connect key nodes across three major industrial corridors in the state. Theseinclude: • Kopparthy Node on Visakhapatnam–Chennai Industrial Corridor (VCIC) • Orvakal Node on the Hyderabad–Bengaluru Industrial Corridor (HBIC) • Krishnapatnam Node on the Chennai–Bengaluru Industrial Corridor (CBIC) According to the Centre, the new corridor will reduce the travel distance between Badvel and Krishnapatnam Port by nearly 34 km - from 142 km to 108.13 km- cutting travel time by an estimated one hour. This reduction will significantly lower fuel consumption and vehicle operating costs, contributing to both economic efficiency and environmental sustainability through a decreased carbon footprint. The project is also expected to generate substantial employment during its development. Estimates suggest the creation of approximately 20 lakh man-days of direct employment and 23 lakh man-days of indirect employment. Additionally, the improved infrastructure is anticipated to catalyze economic activity and job opportunities in the surrounding areas. Officials say the enhanced road infrastructure will contribute positively to India's Logistics Performance Index (LPI), further strengthening supply chain connectivity and boosting industrial growth in the region.
Deccan Herald
5 days ago
- Business
- Deccan Herald
Centre approves 4-lane highway corridor in Andhra Pradesh
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, gave its nod to the project, which will be implemented under the Design-Build-Finance-Operate-Transfer (DBFOT) model at an estimated capital cost of Rs. 3,653.10 crore.
