What was 60 minutes Long journey between Vijayawada and Amaravati, could soon be a 5-minute ride, with Hyperloop Transportation Technologies (HTT) signing an agreement with the Andhra Pradesh government to build a connecting high tech road between the two cities.
The proposed course for the connector would be between the downtown areas of Vijayawada and Amravati.
The Memorandum of Understanding (MoU) that HTT, an American research firm, has marked with the Andhra Pradesh Economic Development Board (APEDB), is a first of its kind in India. The project will use a Public Private Partnership model with funding primarily from private investors.
Bibop Gresta, Chairman and Co-author, Hyperloop Transportation Technologies said in an announcement, “We are to a great degree charmed to convey the HTT Hyperloop to India in association with Andhra Pradesh. HTT will work with nearby partners to fabricate the administrative guidelines fundamental for protected and effective operation.”
During the first phase of the project, HTT will conduct a six-month feasibility study and a pilot project which will be implemented in October.
Working with all the strategic partners in the public and private sector, HTT will scan all the surrounding cityscapes to create the best road map between the two cities, while identifying all important stakeholders in the region.
After conducting the initial six-month feasibility study and viable options, the second phase of the project will construct the road.
Krishna Kishore, Chief Executive Officer, APEDB said, “Major cities of the world has seen a decline in standard of living and transportation has been a major contributor to the congestion, air pollution and accessibility. Andhra Pradesh is creating new milestones by shaping the way it approaches transportation in the future. By collaborating with Hyperloop, Amravati is embracing a prototype for the mobility of future.”
The Hyperloop project is expected to create 2,500 jobs and really transform the Amravati and Vijaywada with its ultra-high-speed transportation.