Memoranda of Understanding (MOUs) were signed on May 6, 2021 between the Oil and Gas PSUs-Indian Oil, BPCL, HPCL, ONGC and GAIL, and Shri Badrinath Utthan Charitable Trust for Construction and Redevelopment of Shri Badrinath Dham as a Spiritual Smart hill Town.
- As per the MoUs, the Oil & Gas PSUs will be contributing Rs. 99.60 crore in the first phase of the developmental activities, including 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.
- Tourism is one of the key industries, which is playing a critical role in the development of the state. Development of the sites like Badrinath would also help in attracting more tourists, which in turn would strengthen the economy of the state, say Dharmendra Pradhan, Union Minister of Petroleum and Natural Gas.
