STOCKWATCH
·
Trading - Minerals
Deals15 Sept 2025, 04:32 pm

Adani Enterprises Receives LoA for 12.9 km Ropeway Project Between Sonprayag and Kedarnath

AI Summary

Adani Enterprises Ltd. (AEL) has received a Letter of Award (LoA) from the National Highways Logistics Management Ltd. (NHLML) for building a ropeway project connecting Sonprayag with Kedarnath. The 12.9 km ropeway will reduce travel time from 8-9 hours to just 36 minutes. The project will be completed in six years under AEL’s RMRW division and will have a capacity to carry 1,800 passengers per hour per direction. It will be developed under PPP mode on a revenue share with NHLML.

Key Highlights

  • Adani Enterprises receives LoA for a 12.9 km ropeway project between Sonprayag and Kedarnath.
  • The project will reduce travel time from 8-9 hours to just 36 minutes.
  • The ropeway will have a capacity to carry 1,800 passengers per hour per direction.
  • The project will be completed in six years under AEL’s RMRW division.
  • The project will be developed under PPP mode on a revenue share with NHLML.
ADANIENT
Trading - Minerals
ADANI ENTERPRISES LTD.

Price Impact