Categories: Agreements

Oil and Gas PSUs inks MoU for Shri Badrinath Dham

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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.

Find More News Related to Agreements

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

LVM3-M6 Rocket Set to Launch on December 24, Announces ISRO

The Indian Space Research Organization (ISRO) has announced that its LVM3-M6 mission will be launched…

25 mins ago

Which Animal is known as the River Horse? Know About It

Rivers and freshwater areas are home to many powerful and unique animals. Some of them…

49 mins ago

RBI Board Sanctions Overhaul of Deposit Insurance Framework

An important reform aimed at strengthening India’s banking system the Central Board of Directors of…

1 hour ago

PGIMER Chandigarh Retains Top Spot as India’s Best Health Technology Assessment Institute

The Postgraduate Institute of Medical Education and Research (PGIMER) Chandigarh, has once again emerged as…

2 hours ago

Which Colour has the Longest Wavelength?

Light is all around us, and it is made up of many different colours. Each…

2 hours ago

Finance Ministry Unveils New Logo for Regional Rural Banks

To strengthening rural banking in India the Ministry of Finance has unveiled a new common…

3 hours ago