Pune Metropolitan Region Development Authority (PMRDA) and Virgin Hyperloop One have signed an agreement of understanding, which will see the transport engineering company study the viability of installing a hyperloop transportation system in Maharashtra, India.

Virgin Hyperloop One and its partners, in association with PMRDA, are set to work together to meet the regulatory requirements for the project under the agreement, as well as also provide information for use in the preliminary report.

The study intends to assess the benefits associated with hyperloop technology and will recognise a number of potential routes in the state, which will be devised via consideration of the demand for the system and various socio-economic factors.

"The European Bank for Reconstruction and Development (EBRD) has agreed to offer a €160m ($188.24m) sovereign loan to the Ukrainian city of Kharkiv for the extension of its metro network."

If implemented, the system is expected to minimise the travel time from Mumbai to Pune to 14 minutes from the existing three hours by car.

DB Engineering & Consulting USA has been awarded a deal by the California High-Speed Rail Authority (CHSRA) to provide early train operator services for the US’ first high-speed rail network, the California High-Speed Rail project.

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By GlobalData

The contractor will provide planning, design and implementation services as part of the performance-based contract, which is not expected to go beyond $30m in value during the first phase.

Lead operator DB Engineering & Consulting USA’s partner Detusche Bahn will act as guarantor for the development.

Design firm Stantec and Amec Foster Wheeler have been awarded a joint contract by Metrolinx to provide technical support for the Bowmanville rail expansion project in Ontario, Canada.

The two companies are set to provide advisory, design and construction support services as part of the arrangement.

In addition, the scope of the contract comprises the addition of two GO Transit tracks, a new layover facility and four new stations.

It will also see the companies conduct 19 grade separations, including one over Highway 401, as well as bridge expansions.

The GO Transit service is scheduled to be extended along the Lakeshore East rail corridor by 20km from Oshawa to Bowmanville by the end of 2023 as part of the Bowmanville expansion development.

Ranken Railway Construction Group has been awarded three new rail transit contracts works along the Chengdu metro line in China.

The contractor will execute a number of projects worth a combined S$52m ($38.5m) as part of the first two contracts, including the construction of two 3km-long tunnels between Fuzhou Road Station and Xinglong Station, in addition to open-cut earthworks along the metro line.

Additionally, the third contract is worth roughly S$5m ($3.7m) and will see Ranken supervise the construction of a 25km-long track-laying work along Sancha Station to Terminals 1 and 2 of Tianfu International Airport Station in the second phase of the line.

The contractual work is expected to be completed between 31 December 2018 and 31 December 2020.

The European Bank for Reconstruction and Development (EBRD) has agreed to offer a €160m ($188.24m) sovereign loan to the Ukrainian city of Kharkiv for the extension of its metro network.

It is expected to be utilised for the construction of two stations at Derzhavynska and Odeska, in addition to a new metro depot.

The funding will also be used to acquire new rolling stock and extend the metro line by 3.5km to minimise traffic congestion in the southern part of the city.

In addition to the 18-year EBRD funding arrangement, Kharkiv is also slated to receive a loan of an equal amount from EIB.