Kelsian Group (ASX:KLS) has announced its wholly owned subsidiary, Transit Systems NSW has entered into a contract with Transport for NSW, securing more than $800M.

Kelsian says the contract starts August 2023 and will run through to November 2030, and will operate bus services in southwestern Sydney.

Kelsian is Australia's largest integrated multi-modal transport provider and tourism operator, with estsblished bius operations in Singapore, London, and the Channel Islands.

Its share price shot to $6.14 this morning.