Wednesday, June 23, 2010

Manakamana cable car company

Manakamana cable car company
Manakamana cable car is the technological wonder of Nepal.It become operational on 24 November entrepreneur is Mr.Laxman Babu Shrestha.It located 104 kilometers west of Kathmandu in cheres,Kurintar.It takes about three hours to get three by road from Kathmandu.Hindu devotes use it for pilgrimage to"fulfillment"goddess manakamana of manakamana temple.Foreign tourists take a ride it to enjoy natural beauty.The cable car ride is about 9 minutes.
The technology for cable car was supplied by the world famous Dopplemayr company of Austria.It covers a distance of 2.3 kilometers.The elevation increase from 258 meters in Cheres to 1302 meters in Manakamana village.It has 34 wagons of which 31 are used for passengers and 3 are used cargo.One compartment carries 6 passengers or cargo not exceeding 450 kg weight.It can transport 600 persons per hour.It employs 121 persons.
The total project cost was Rs.430 million.The equity capital is Rs.160 million and the long term loan is Rs. 270 million.A consortium financed the project.It consists of Nepal bank (Rs.130 million),employees provided fund (Rs.70 million),Nepal industrial development corporation (Rs.50 million) and Nepal Bangladesh bank (Rs.20 million).The company has paid off about Rs. 230 million of loan so far.
Before the establishment of Manakamana cable car about 50,000 devotees took a difficult to Manakamana temple annually.The cable car transports about 300,000 persons annually.