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Showing posts with the label Andhra Pradesh

Vijayawada Metro | State opts Light Metro Rail for Amaravati & Vijayawada cities

Vijayawada: Leaving behind its controversies and delays, as well as questions about its viability, the government of Andhra Pradesh has put the Vijayawada Metro project on the fast track, in accordance with its ambition to build Amaravati, its new capital, as a smart city – Vijayawada and Amaravati, 12 km away, are developing as twin cities. With the German development bank KfW chosen for its preparation, a detailed project report (DPR) is expected to be ready for the 46 km Light Rail (LRT) network proposed before the end of the year. For those who arrived late, the project has been a bone of contention between the state government on the one hand and the Delhi Metro Corporation (DMRC) and the government of the Union on the other. For the preparation of the DPR, Amaravati Metro Rail Corporation (AMRC), a special purpose vehicle (SPV) established by the state government for the project, had previously signed an MoU with the DMRC. According to the DPR prepared by the DMRC, the e...

Hyperloop Technology | HTT to launch India’s first Hyperloop train in Andhra Pradesh

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Los Angeles: In a press release  Hyperloop Transportation Technologies  announced that they have signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) on 6th September 2017, to facilitate the development of HTT’s Hyperloop Transportation System. The proposed route for the Hyperloop is between the city centers of Vijaywada and Amaravati, potentially turning a trip of more than one hour into a 6 minute ride. The project will use a Public Private Partnership (PPP) model with funding primarily from private investors.hra “We are extremely delighted to have entered into a MoU with the Government of Andhra Pradesh to bring the HTT Hyperloop to India,” said Mr. Bibop Gresta, Chairman & Co-founder, Hyperloop Transportation Technologies. “In partnering with Andhra Pradesh, HTT will work with local stakeholders to build the regulatory standards necessary for safe and efficient operation.” During Phase ...