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HP signs MoU with Ski Himalayas Ropeway for investment of INR 500cr


Posted : 12 July 2019 02:15:36 | By TWO Bureau | GNN bureau

HP signs MoU with Ski Himalayas Ropeway for investment of INR 500cr

the Himachal Pradesh (HP) government has signed a Memorandum of Understanding (MoU) with Ski Himalayas Ropeway, which will invest INR 500 crore on ropeways, ski resorts, heli ski, heli taxi and heli safari projects in the state. The MoU was signed at the Himachal Pradesh Global Investors' Meet in New Delhi.

Ski Himalayas Ropeway formed by the entrepreneurs from Himachal Pradesh and is a joint venture of Swiss company Air Zermatt. The company is planning to develop ski resorts in places that experience heavy snowfall like Chanshal, Kullu-Manali and Lahahul-Spiti. It will also develop a ski centre in Chanshal.

 




Tags : Memorandum of Understanding, Himachal Pradesh Global Investors


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