Himachal Pradesh govt told the High Court the Shimla ropeway project is on hold due to a financial crisis; bid cancelled, PPP/VGF options explored; hearing Dec 1.
The Shimla Ropeway project, proposed to ease the traffic problem in Shimla, will not proceed further at the moment. In view of the poor financial condition of the state, the government has decided to put a halt on the project. Along with this, the financial bids issued for the project have also been cancelled. This information has been given in a new affidavit filed by the state government during the hearing in the High Court. The government tol…