Hyperloop India: Maharashtra Grants Infrastructure Status to $10bn Project

[Spartan]

Maharashtra has granted infrastructure project status for a $10-billion plan to build the world’s first ultra-fast hyperloop project, aiming to link the financial hub of Mumbai with the neighbouring city of Pune. Proposed as a replacement to existing rail infrastructure, hyperloops use magnets to levitate pods inside an airless tube, creating conditions in which the pods can shuttle people and freight at speeds of up to 750 miles (1,200 km) per hour.

The status could help fasttrack land acquisition for the project over a 117.5-km (73-miles) stretch that will shuttle people between the cities in about 35 minutes. “This project would mark the beginning of a new era in the country’s transport sector,” the state government said in a statement late on Wednesday. Although the plan’s original proponent was a consortium of the United Arab Emirates’ DP World and Virgin Hyperloop One, which submitted the initial proposal, the project is to be opened up to other competing bids.

he first phase of the plan envisages an 11.8-km (7.33-mile) -long track to be built in up to 2-1/2 years with an investment of 50 billion Indian rupees ($724 million)in Pune, the government said. In a separate statement, DP World said it was willing to invest $500 million in private capital to complete the project’s first phase to prove that the technology is safe and viable.

The project is expected to cost about 700 billion rupees ($10.1 billion), the state government said, and it is still unclear how the project will be funded. The route from Mumbai to Pune is one of India’s busiest, with roughly 75 million passenger journeys each year.

[MiryalgudaMaruthiRao]

Thank you nakka antunna @snoww

[pandemkodi]

Yahoo lo as usual build toilets first antaru

[Android_Halwa]

Think this project is now on a fast track...

thousands of acres of mangroves on the creek....pedda environmental challenge ae...chudali envi clearence vastado ledo..

[Android_Halwa]

India needs this technology at any cost...It will change the way India travels in the days to come...

[snoww]

22 minutes ago, MiryalgudaMaruthiRao said:

Thank you nakka antunna @snoww

Jagan valla Amaravati nundi Maharshtra ki vellipoyina Hyper loop antunna @naralokesh and @MiryalgudaMaruthiRao 

[BeerBob123]

2 minutes ago, snoww said:

Jagan valla Amaravati nundi Maharshtra ki vellipoyina Hyder loop antunna @naralokesh and @MiryalgudaMaruthiRao 

Possible Anyway Jagan want new contractors no

[snoww]

6 hours ago, BeerBob123 said:

Possible Anyway Jagan want new contractors no

ltt for langas