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MUMBAI: The dream project of super-fast and efficient Hyperloop train will begin next year. Hyperloop is an ultramodern, superfast transport project planned to be implemented to link Mumbai and Pune, which are located around 128 km apart. The Hyperloop transport project that seeks to reduce the travel time between the two cities to just 25 minutes.

Hyperloop will be able to transport people and goods at nearly 700 miles per hour in depressurised environments via magnetic levitation, the statement said adding, it will be able to carry more people than a subway, at airline speeds and with zero direct emissions.

By combining an ultra-efficient electric motor, magnetic levitation, and a low-drag environment, the VHO system will be 5 to 10 times more energy-efficient than an aeroplane and faster than high-speed rail using less energy, it added.

Virgin Hyperloop project will be completed in two phases of four years.

Virgin Group, multi-billionaire Richard Branson’s company will implement the project.

Virgin Hyperloop project budget will be around Rs 60,550 crore.