The top Oil and Gas PSUs of India, including IndianOil, BPCL, HPCL, ONGC and GAIL, have inked a Memorandum of Understanding (MOUs) with the Shri Badrinath Utthan Charitable Trust, for Construction and Redevelopment of Shri Badrinath Dham in Uttarakhand as a Spiritual Smart hill Town.
Under the MoUs:
- These PSUs will contribute Rs. 99.60 crore in the first phase of the project.
- Phase I will include developmental activities such as river embankment work, building all-terrain vehicular path, building bridges, beautifying existing bridges, establishing gurukul facilities with accommodation, creating toilet and drinking water facilities, installing streetlights, mural paintings etc.
- The initiative is part of the Government’s effort to boost tourism by attracting more tourists, which in turn would strengthen the economy of the state. The rejuvenation work of Shri Badrinath Dham is expected to be completed within a span of three-year time.