"MP Group bags the contract for 100 smart buses from NMRC. The group's credibility as a transport services provider has been instrumental in winning them a 10-year contract from NMRC to ply buses within Noida and Greater Noida," the Pune based company said in a statement.
The bus network will traverse prominent areas with 13 different route plans.
The company said each bus will cost a crore while the total cost of the fleet is pegged at Rs 120 crores.
He said, "These hi-tech, low floor A/C models will be equipped with Intelligent Transport Management System which will connect to bus stops and facilitate information about real time availability through GPS and PIS technology."
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The company said it has developed a Special Purpose Vehicle (SPV) to efficiently implement its NMRC project for City Bus Service operation.
MP Group is a leading Pune-based service provider, which is an expert in integrated support services.