Dehradun, Sept. 3 -- Garhwal Post Bureau

Dehradun, 2 Sep: A Memorandum of Understanding (MoU) was signed at the Secretariat here today between the Uttarakhand government and the National Highways Logistics Management Limited (NHLML) for the construction of ropeways to Kedarnath and Hemkund Sahib under the Parvatmala Project. The MoU was signed in the presence of Chief Minister Pushkar Singh Dhami and Union Minister of State for Road Transport and Highways Ajay Tamta. Tourism and PWD Minister Satpal Maharaj was also present on the occasion.

As per the agreement, NHLML will hold a 51 per cent equity stake in the project, while the state government will retain 49 per cent. Under the revenue-sharing arrangement, 90 per cent of the funds wil...