Kathmandu,
Sept. 12: A new company Muktinath Darshan Pvt. Ltd. is set to develop the
longest cable car in the country, from Bire Thanti of Kaski district to
Muktinath, the holy place in Mustang district.
The
cable car would be developed at the cost of 350 million UD Dollars.
The
company on Wednesday signed a Memorandum of Understanding (MoU) with the
Investment Board of Nepal (IBN) to develop and operate the 83.6 km long cable
car.
IBN
Chief Executive Officer Maha Prasad Adhikari and Muktinath Darshan's Chairman
Arun Kumar Subedi signed the MoU on behalf of their respective organisations.
Bire
Thanti, one of the entry-points to the Annapurna region, is situated at 1025 m height
from the sea level and Muktinath temple is about 3,800 m altitude.
Along
the route, there will be six stations which are divided into Bire
Thanti-Ghorepani, Ghorepani-Tatopani, Tatopani-Lete Marpha, Lete-Marpha-Jomsom,
Jomsom-Kagbeni and Kagbeni-Muktinath sections.
An
IBN Board Meeting on 28 April this year had approved the Cable Car Project
Proposal of the company and asked the IBN to prepare the Detailed Project
Report (DPR) of the project.
The
IBN will prepare the DPR within 18 months from the MoU signing and submit it to
the board.
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