Trilegal, JSA advise Virgin Hyperloop, Pune on MOU to make first steps for 25 min Mumbai-to-Pune-sci-fi-train

A hyperloop, in theory
A hyperloop, in theory

As reported in a number of publications, Richard Branson’s Virgin Hyperloop One is exploring entering India with the largely untested ultra-fast transportation technology.

Trilegal advised Hyperloop Technologies on the framework agreement with the Maharashtra government to build a hyperloop between Pune and Mumbai beginning with an operational demonstration track, led by partner Yogesh Singh supported by projects partner Nayantara Nag. The team also included senior associate Ankush Goyal, and associates Itisha Gupta, Akshita Amit and Eklavya Malvia.

J Sagar Associates (JSA) advised Pune Metropolitan Region Development Authority (PMRDA) during its negotiations with Virgin Hyperloop One. According to a JSA press release, the team comprised of partner Venkatesh Raman Prasad, who provided strategic inputs on various aspects of the assignments from time to time, partner Vishnu Sudarsan, who advised on public procurement related aspects and partner Ashish Suman, who anchored the assignment (including the negotiations) along with senior associate Shashank Vikram Singh.

According to JSA, the mandate included “MOUs entered into between PMRDA and Virgin Hyperloop One in relation to the prefeasibility studies and feasibility studies to be undertaken by Virgin Hyperloop One to analyse the applicability and benefits of hyperloop technology, identify high priority routes between Pune to Mumbai, in relation to the proposed hyperloop transportation&rdquo.

Key investors in Hyperloop One, include Sir Richard Branson, Sultan Ahmed bin Sulayem (CEO and Group Chairman of DP World) and Ziyavudin Magomedov, (Chairman of Summa Group).

While the trains-in-a-near-vacuum technology, which had been encouraged in the mainstream by entrepreneur Elon Musk, could theoretically reduce the journey time from Mumbai to Pune to just 25 minutes, the technology has not yet transported any commuters anywhere in the world.

Despite major interest by a number of well-funded start-ups, question marks also remain about whether hyperloops will ever be viable, cost-effective and safe.

Picture by RichMacf.

Comments

quadros 20 Feb 2018, 13:03
+7 -4
I doubt the Hyperloop will ever see the light of the day!
Feasibility of these technologies is highly questionable.
Heck, nobody knows when we will have bullet trains in our country.

But good job by the law firms for advising on this 'fantasy'.
wow 20 Feb 2018, 19:29
+8 -2
Lawyers deciding the future of technological advancement.

Irony just killed itself.
Curious-ity 20 Feb 2018, 20:36
+2 -1
Is this a "deal"? Reported only for the "cool" quotient? If all MOUs were to be reported (especially at Magnetic Maha event) than Kian would have to start a separate LI-MOUReporting.com! !
MOU lawyer 20 Feb 2018, 20:51
+3 -4
What about the other 4106 MOUs signed? Weren't they negotiated by lawyers?! Why getting 'hyper' on 'loop' and not 'looping' in the rest??! Badi na-insaafi..,

http://www.livemint.com/Politics/r7Y7hPlh5yBat1k9f3fvuJ/Magnetic-Maharashtra-summit-4106-MoUs-worth-Rs1210-trilli.html
Corporate Lawyer10 21 Feb 2018, 06:55
+16 -1
The 'Hyperloop' technology is peculiar and unique in itself. The other MOU's (as also the quoted link suggests) are mostly related to the existing technology, sectors and areas and specifically focus on enhancing and enriching the already existing section. That said, Hyperloop is the most innovative and futuristic technology and has the capacity to bring about an industrial disruption in the Indian economy.

As a lawyer, we should have reasonably interpreted the basis of reporting this news, considering the mentioned scenarios. Understanding the contours of such a technical advancement (which remained untouched till now) and advising on the same involves deeper analysis and efforts on the part of the team. Not only this, this should be seen with the positive aspect for the fraternity since this specifically portrays the kind of existence and responsibility we hold.
WT 22 Feb 2018, 05:38
+0 -2
B.. S...
Kya re 20 Feb 2018, 13:32
+4 -0
Nobody kept me in the loop :(
Reason 20 Feb 2018, 14:48
+1 -0
Because you are on ice. Dead Wood. Yearly appraisals around the corner. Smell the coffee and go back to your proof-reading. Then, delute yourself of the notion, that you even have a purpose..
Kya re 21 Feb 2018, 07:54
+1 -0
'Delute' ka matlab kya hain firangi. Mujhe itna english nahin aata.

Live wood - zinda jhad
Loopy 20 Feb 2018, 18:13
+0 -0
The firms advised on an MoU for conducting feasibility and pre-feasability studies? Wow. I am sure there must be more to it than that.
pi 21 Feb 2018, 09:20
+0 -0
vapourware
Nirav Modi 21 Feb 2018, 11:07
+11 -5
It's quite apt that Hyperloop was advised by Trilegal, considering that the Associates and Senior Associates at Trilegal leave for other law firms at speeds comparable to Hyperloop.
Darkseid 21 Feb 2018, 14:01
+2 -0
I used to think it's teleportation :-/