AP’s Dream Capital Amaravati Is All Set To Get Its Own Futuristic Means Of Transportation – HYPERLOOP!
How will it be if an hour-long journey between Vijayawada and Amaravati, could soon be a 5-minute ride? Yes, this dream is now becoming a reality. The dream capital of Andhra Pradesh – Amaravati, is now all set to introduce the futuristic means of transportation “Hyperloop”. Hyperloop Transportation Technologies (HTT), an American research firm formed using crowd collaboration to develop ultra-high-speed transportation system based on Hyperloop concept, has agreed to build India’s first Hyperloop, connecting Andhra Pradesh’s proposed Greenfield capital city Amaravati and Vijayawada – a distance of 27 miles.
HTT on Wednesday signed a memorandum of understanding with the Andhra Pradesh Economic Development Board (APEDB), marking it first such agreement in India for the new transport system. The project is proposed to be developed under a Public Private Partnership (PPP) model with funding primarily from private investors. The project is estimated to cost Rs 1,285 crore. “In order to boost its image and emerge as the frontier city in future technology, Amaravati is looking forward to collaborating with Hyperloop Transportation Technologies,” Krishna Kishore, CEO of the state’s economic development board, said in a statement.
During the first phase of the project, HTT will conduct a six-month feasibility study commencing in October. After conducting the initial six-month feasibility study, the second phase of the project will construct the road. If everything goes well, construction of HTT’s First ever Hyperloop in India should begin in the Spring or Summer of 2018. This is expected to create 2,500 jobs and develop the region with its ultra-high-speed transportation. Major cities of the world have seen declines in liveability and transportation has been a major contributor due to congestion, air pollution and accessibility. Andhra Pradesh is shaping the way it approaches transportation in the future. By collaborating with Hyperloop, Amaravati is embracing a prototype for the mobility of tomorrow!
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