Adani Enterprises bags Sonprayag-Kedarnath ropeway order; to invest ₹4,081 crore; check details

Adani Enterprises on Monday, September 15, said it has received a letter of award (LoA) for the 12.9 km ropeway project between Sonprayag and Kedarnath from the National Highways Logistics Management Ltd. (NHLML).

Sonprayag is the final point accessible by road for pilgrims heading to the Kedarnath Temple.

The infrastructure company will invest ₹4,081 crore in the project. Furthermore, the project will be executed by its Roads, Metro, Rail, and Water (RMRW) division, Adani Enterprises said in a regulatory filing.

A part of the National Ropeways Development Programme – Parvatmala Pariyojana, the ropeway will be developed on a Public-Private Partnership (PPP) basis and will take six years to complete.

The ropeway may include advanced Tri-cable Detachable Gondola (3S) technology, capable of transporting 1,800 passengers per hour in each direction, with an overall daily capacity of 18,000 passengers.

Adani Enterprises will operate it for 29 years after construction, the filing added.

Spanning a total distance of 12.9 kilometres, the ropeway will connect Sonprayag to Kedarnath, a journey traditionally completed via a strenuous 16-km uphill trek or by other means like ponies, palanquins, and helicopters. It is also expected to reduce travel time from 8-9 hours to 36 minutes.

Along with improving connectivity, the project is expected to create jobs and boost tourism in the region, the filing stated.

Commenting on the contract, Gautam Adani, Chairman of the Adani Group, said: “By making this sacred journey safer, faster and more accessible, we honour the faith of millions while creating new opportunities for Uttarakhand’s people through our partnership with NHLML and the Government of Uttarakhand. This prestigious project reflects our commitment to building infrastructure that not only serves the nation but also uplifts its people.”

“The Kedarnath ropeway is more than an engineering project – it is a bridge between devotion and modern infrastructure,” Adani added.

The Union Cabinet had approved the ropeway project in March of the current year to provide pilgrims with a faster, more comfortable, and environmentally friendly mode of travel.

The Kedarnath temple, located at an elevation of 3,583 meters in Uttarakhand's Rudraprayag district, is one of the 12 revered Jyotirlingas. It remains open for about six to seven months each year, attracting nearly 20 lakh pilgrims annually.

Shares of Adani Enterprises closed 0.46% lower at ₹2,381 per equity share on Monday on the National Stock Exchange (NSE).

While the stock reached a 52-week low of ₹2,025 on November 22, 2024, it touched a year’s high of ₹3,211 on October 10, 2024.

Adani Enterprises has a total market capitalisation of ₹2.75 lakh crore, as of September 15, 2025, according to data on the NSE.