Maharashtra just signed an agreement with US-based Virgin Hyper loop(VHO) to develop and improve the transportation system. To give the green light to this agreement was chief minister, Devendra Fadnavis.
Seems like very soon, a hyperloop route between Navi Mumbai and Pune airports may be in the works that’ll cut the travel time between both the cities. According to Maharashtra Govt., the travel time may come down to 14 minutes from 3 hours and the cost said to be 1/10th of that of an airfare.
Virgin Hyperloop is a California based company that’s main aim of this project is to move passengers and cargo goods at a high speed at a fraction of the cost of air travel.
Nick Earle, senior vice president of VHO’s global field operations said that the 100km line will cost around Rs 26,000 crore, which is lower than the cost of an underground Metro.
While building per km of the underground corridor of the Metro cost Rs. 750 crores, the cost of building the line between both the cities per km is Rs 260 crores.
“A Hyperloop route requires high-density traffic to become viable. Mumbai and Pune have the potential to become an optimal route,” said Fadnavis.
The US company will work with Pune Metropolitan Region Development Authority to streamline connectivity from Pune’s new Purandar airport to Navi Mumbai International Airport to Chhatrapati Shivaji International Airport.