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The government of Andhra Pradesh has signed a Memorandum of Understanding (MoU) with California-based Hyperloop Transportation Technologies (HTT) to develop India's first Hyperloop route in the state.
In a blog post, HTT announced its first agreement in India for the new transportation system. The futuristic transport company said the project is expected to create over 2,500 jobs.
The proposed route for the Hyperloop between the city centers of Vijaywada and Amaravati could potentially turn a trip of more than one hour into a 6 minute ride. The project will use a Public Private Partnership (PPP) model with funding primarily from private investors, HTT said in the post.
"We are extremely delighted to have entered into a MoU with the Government of Andhra Pradesh to bring the HTT Hyperloop to India," said Bibop Gresta, Chairman & Co-founder, Hyperloop Transportation Technologies. "In partnering with Andhra Pradesh, HTT will work with local stakeholders to build the regulatory standards necessary for safe and efficient operation," HTT said.
HTT will conduct a six-month feasibility test that will begin in October during the Phase 1 of the project. The study will help HTT in identifying the best route between the two cities
Andhra Pradesh to get India's first Hyperloop; travel from Amaravati to Vijayawada in 6 mins
In a blog post, HTT announced its first agreement in India for the new transportation system. The futuristic transport company said the project is expected to create over 2,500 jobs.
The proposed route for the Hyperloop between the city centers of Vijaywada and Amaravati could potentially turn a trip of more than one hour into a 6 minute ride. The project will use a Public Private Partnership (PPP) model with funding primarily from private investors, HTT said in the post.
"We are extremely delighted to have entered into a MoU with the Government of Andhra Pradesh to bring the HTT Hyperloop to India," said Bibop Gresta, Chairman & Co-founder, Hyperloop Transportation Technologies. "In partnering with Andhra Pradesh, HTT will work with local stakeholders to build the regulatory standards necessary for safe and efficient operation," HTT said.
HTT will conduct a six-month feasibility test that will begin in October during the Phase 1 of the project. The study will help HTT in identifying the best route between the two cities
Andhra Pradesh to get India's first Hyperloop; travel from Amaravati to Vijayawada in 6 mins
