First publishedon www.ITSInternational.com
Hyperloop Transportation Technologies (HTT) has announced a memorandum of understanding with the Andhra Pradesh Economic Development Board (APEDB) to develop HTT's Hyperloop Transportation System and connect the city centres of Vijaywada and Amaravati.
The proposed route will potentially turn a trip of more than one hour into a six minute ride. The project will use a public private partnership (PPP) model with funding primarily from private investors.
During Phase 1 of the project, HTT will conduct a six-month feasibility study commencing in October. Working with partners in the public and private sector, HTT will analyse the surrounding cityscapes to create the best route between the two cities while identifying all pertinent stakeholders in the region. After conducting the initial six-month feasibility study, Phase 2 of the project will construct and build HTT's first Hyperloop in India.