HTT unveils plans to build India’s first hyperloop in Andhra Pradesh
Hyperloop Transportation Technologies (HTT) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to facilitate the development of India’s first ultra-fast Hyperloop system. In a statement issued yesterday (6 September), HTT said the proposed route for the Hyperloop will run between the city centres of Vijaywada and Amaravati, “potentially turning 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.
Starting in October, HTT will conduct a six-month feasibility to find the best route between the two cities.
Krishna Kishore, Chief Executive Officer, APEDB said: “The EDB along with Government of Andhra Pradesh will assist Hyperloop Transportation Technologies Inc. (HTT) with all regulatory requirements to develop and implement Hyperloop.”
The State of Andhra Pradesh is the seventh largest in India with a population of over 50 million people.