Deals this week: Virgin Hyperloop

Pune Metropolitan Region Development Authority (PMRDA) and Virgin Hyperloop One have signed an agreement of understanding, which will see the transport engineering company study the viability of installing a hyperloop transportation system in Maharashtra, India.

Virgin Hyperloop One and its partners, in association with PMRDA, are set to work together to meet the regulatory requirements for the project under the agreement, as well as also provide information for use in the preliminary report.

The study intends to assess the benefits associated with hyperloop technology and will recognise a number of potential routes in the state, which will be devised via consideration of the demand for the system and various socio-economic factors.

If implemented, the system is expected to minimise the travel time from Mumbai to Pune to 14 minutes from the existing three hours by car.


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