Trains ordered for Busan metro Line 1
CRRC to supply Noida metro trains
Jakarta – Bandung DBOM concession agreed
Myanma Railways orders Indian locomotives
DBK-Leasing completes Ijara wagon deal
Bangkok railway engineering education agreement signed
Singapore sovereign wealth fund takes stake in Railpool
Bangkok monorail lines approved
Contactless ticketing to be tested in Singapore
After the Pune-Mumbai hyperloop project, the India government is now exploring the feasibility of connecting major towns in the Punjab state through Ultra-speed Hyperloop transportation. The hyperloop technology is considered as a futuristic transport system in which passenger pods zip through vacuum tubes at high speeds.
The Punjab government and Virgin Hyperloop One on Tuesday signed a Memorandum of Understanding to conduct a pre-feasibility economic study for Amritsar-Ludhiana-Chandigarh routes. This route is connected with the high-density areas of the state.
Vini Mahajan, IAS & Additional Chief Secretary, Investment Promotion, Punjab Government said:
The state government Tuesday signed a Memorandum of Understanding (MoU) with Los Angeles-based Virgin Hyperloop One to conduct a pre-feasibility economic study for the project.
The memorandum of understanding (MoU) was signed by K Siva Prasad, Principal Secretary (Transport), Punjab, and Harj Dhaliwal, Managing Director (Middle East & India), Virgin Hyperloop One, in the presence of Punjab Chief Minister Amarinder Singh and DP World Subcontinent CEO and MD, Rizwan Soomar.
According to Virgin Hyperloop One, a hyperloop transportation project along the Amritsar-Ludhiana-Chandigarh route could reduce travel time from five hours by road to less than 30 minutes.
“Apart from this, Virgin Hyperloop One is also in discussions with the Haryana government for a separate MoU to evaluate the feasibility of a Hyperloop system that could potentially extend the route from Punjab to the National Capital Region (NCR)”, said an official spokesperson.
Punjab Chief Minister Amrinder Singh said:
Punjab is very keen to be the second state in India after Maharashtra to build a Hyperloop system. Specifically, we would like to explore a Hyperloop project through the state of Punjab, connecting with other metropolitan centres in the country. In the future, this project could link beyond Punjab to connect to the NCR.
Happy to share with you all that MoU was signed today with @HyperloopOne for Hyperloop Transportation project connecting Amritsar-Ludhiana-Chandigarh which will reduce travel time from 5 hours to under 30 mins. We will later explore the opportunity of extending this till NCR. pic.twitter.com/G78met77wO
— Capt.Amarinder Singh (@capt_amarinder) December 3, 2019
“The pre-feasibility study will be completed within six weeks. It will evaluate several measures such as cost, demand, and socio-economic benefits of the Corridor,” said Moshe Kohli, Advisor, Invest Punjab.
Harj Dhaliwal, Managing Director (Middle East & India), Virgin Hyperloop One said:
A Hyperloop route in Punjab can be transformative for the state and we look forward to moving ahead on this project, just as we have done in Maharashtra. There is tremendous economic potential in connecting some of Punjab’s biggest cities such as Amritsar, Ludhiana, and Chandigarh, among others in northern India, with a hyperloop infrastructure project.
Meanwhile, Soomar said that DP World saw the potential for Hyperloop early on and is at the forefront of introducing innovations to leverage the technology for faster movement of cargo.
Virgin Hyperloop One is supported by Dubai-based DP World.
The post MoU signed to conduct feasibility study of another Hyperloop project in India appeared first on Urban Transport News.
This article first appeared on urbantransportnews.com
About this website
Railpage version 3.10.0.0037
All logos and trademarks in this site are property of their respective owner. The comments are property of their posters, all the rest is © 2003-2020 Interactive Omnimedia Pty Ltd.
You can syndicate our news using one of the RSS feeds.