A hyperloop-conceptualised by billionaire Elon Musk - uses magnets to levitate pods inside an airless tube, creating conditions in which the pods can shuttle people, and freight, at 1,000 kmph. Plans are being drawn up for a cargo hyperloop parallel to either the Chennai-Bengaluru railway line, highways connecting the cities, or a line between Chennai and Puducherry.
To test the plan, a 400-metre hyperloop comprising 4-5-metre pods and clocking 250 kmph speed will come up at IIT Madras by June-September 2023. TuTr, a technology start-up incubated by IIT Madras, will lead the hyperloop project.
TuTr has signed technology tie-ups with Tata Steel and Daimler and will enter a similar deal with an infrastructure company. The Railways has allocated *8.34 crore for the project.
This story is from the December 31, 2022 edition of Business Standard.
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This story is from the December 31, 2022 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 8,000+ magazines and newspapers.
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