Rail Analysis India June Digital Magazine 2018 | Page 40
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The feasibility study will build upon the findings of the
pre-feasibility study signed in November 2017 between
Virgin Hyperloop One and the Pune Metropolitan Region
Development Authority (PMRDA). Virgin Hyperloop One’s
feasibility study team consists of world-class experts from
Systra, KPMG and Turner & Townsend who will analyze
and define the route alignment including environmental
impacts, the economic and commercial aspects of the route,
the regulatory and safety framework, and cost and funding
strategies to deliver the project. A significant proportion of the
Virgin Hyperloop One system components are expected to
be manufactured locally, especially in Maharashtra – creating
new high-technology and manufacturing jobs.
trips annually, saving more than 90 million hours of travel time,
and providing citizens with greater opportunities and social
and economic mobility. The hyperloop system will also have
the potential for the rapid movement of palletized freight and
light cargo between the Port of Mumbai and Pune, creating
a robust backbone for on-demand deliveries, supply chains,
and next-generation logistics.
“I am incredibly excited to see this Pune-Mumbai hyperloop
project go from a vision to reality as it starts detailed planning.
The opportunity is enormous - to connect 26 million people with
access to affordable infrastructure that will unlock significant
economic and social value,” said Sir Richard Branson.
“It is an honour to work with the State of Maharashtra and its
key stakeholders, sharing their vision to transform not only
transportation but wider society.”
Chief Minister Of Maharashtra Visits Virgin Hyperloop
One’s Test Facility To View Live Test; Feasibility Study
Of Pune-Mumbai Route In Advanced Stage
Image Credits : VIRGIN HYPERLOOP
Article Source : VIRGIN GYPERLOOP
The Pune-Mumbai route could result in USD $55 billion (INR
₹350,000 crores) in socio-economic benefits (time savings,
emissions and accident reduction, operational cost savings,
etc.) over 30 years of operation, according to an initial pre-
feasibility study completed by Virgin Hyperloop One. The
100% electric, efficient hyperloop system will ease severe
expressway congestion and could reduce greenhouse gas
emissions by up to 150,000 tons annually.
The hyperloop route will link central Pune, Navi Mumbai
International Airport, and Mumbai in 25-minutes, connecting
26 million people and creating a thriving, competitive
megaregion. The high-capacity passenger and cargo
hyperloop route will eventually support 150 million passenger
“Traditionally, transportation has been very vertically
integrated. With a wealth of talent and technological prowess
right here in India, we’re looking for local partners to scale
an integrated supply chain ecosystem,” said Virgin Hyperloop
One CEO Rob Lloyd. “The State of Maharashtra is positioning
itself at the epicenter of a new global supply chain.”
Shri. Devendra Fadnavis, Hon’ble Chief Minister, Views Technology and Meets with Board
Members at Virgin Hyperloop One’s DevLoop Test Track
Pune to Mumbai Hyperloop Project Advances into Second Half of Feasibility Study
Chief Minister of Maharashtra, Devendra Fadnavis, and
representatives from the State Government including the
Pune Metropolitan Region Development Authority (PMRDA),
visited Virgin Hyperloop One at their full-scale hyperloop
test site in the Nevada Desert – building upon the historic
Framework Agreement signed in February to build the first
hyperloop in India. Justin Fishner-Wolfson and Nick Fox were
in attendance as well, representing Virgin Hyperloop One’s
Board of Directors. The Pune-Mumbai hyperloop project has
currently reached the midpoint of the in-depth feasibility study,
which is on track to finish this summer.
“This was a very fruitful discussion and we should be able to
start moving on this project very fast,” said Shri. Devendra
Fadnavis, Hon’ble Chief Minister of Maharashtra.
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