K&R Rail Engineering Limited, a prominent EPC Company based in Hyderabad and listed on the Bombay Stock Exchange, has formally signed a Memorandum of Understanding (MoU) for the implementation of the world's longest Cable Car Project in Nepal.

The $500 million project is a collaboration with M/s Muktinath Darshan Private Limited, the Government of Nepal's chosen concessionaire.

This enormous project would connect the famous Muktinath Temple in Nepal's Gandaki district.

Kalra, President of K&R Rail Engineering Limited, expressed his enthusiasm for the project, stating that the Nepalese government has already granted all requisite approvals for the endeavor.

K&R Rail Engineering Limited will undertake the construction of the 84.32-kilometer Passenger Cable Car Line, which is set to become the longest of its kind globally.