Hyperloop Transportation Technologies (HTT) signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board, to facilitate the development of HTT’s Hyperloop Transportation System in the state, said CEO and co-founder Dirk Ahlborn.

The proposed route for the Hyperloop is between the city centers of Vijaywada and Amaravati, which will potentially turn a trip of more than one hour into a 6-minute ride. The project will use a Public Private Partnership model with funding primarily from private investors.

This is the first agreement in India to put together a Hyperloop-based system, and will start with a six-month feasibility study starting in October, to help determine the best route between the two cities, reports socaltech.