India, June 24 -- The UP government's project to introduce around 500 electric city buses in Gautam Budh Nagar district's cities including Noida, Greater Noida, and Yamuna Expressway areas, has been put on fast-track to start it at the earliest, said officials on Monday.

The UP Directorate of Urban Transport opened the financial bids and the two private agencies-Travel Time Mobility, and Delbus Mobility qualified as the lowest bidders for the project, as the former quoted Rs.54.9 per km (excluding GST) to operate 9-metre buses, and the latter placed bid of Rs.67.99 per km for 12-meter buses, officials said.

"The final agreement will be signed once a joint Special Purpose Vehicle (SPV) comprising Noida authority, Greater Noida authority,...