Lion Service Ltd to manage Coimbatore's smart projects

20 Mar 2024 CW Team

These lakefronts, situated at Ukkadam Periyakulam, Valankulam, Kurichi Lake, Selva Chinthamani, Muthannankulam, Selvampathy Kumarasamy, and Krishnampathy, underwent significant rejuvenation efforts by the CCMC, involving substantial investments for their enhancement. Each lakefront was adorned with a 2.5 to 5-metre-wide footpath along its shores.

Despite these considerable investments, the CCMC encountered difficulties in effectively maintaining these public spaces due to financial limitations and a workforce shortage, leading to various complaints and concerns about their upkeep.

To address these challenges and ensure the cleanliness and hygiene of these lakes, the CCMC has awarded the Operation and Maintenance contract to Lion Service Ltd, a firm based in New Delhi, for ten years. Beginning their contractual duties from Thursday, Lion Service Ltd is tasked with park maintenance, solid waste management, civil works, electrical, gardening, mechanical maintenance, and security services. Reports indicate that Lion Service Limited has previously handled similar projects for numerous municipal corporations nationwide, employing advanced technology for efficient operations.

A senior official involved in the smart city initiative emphasised, "The company is known for its use of cutting-edge technology in Operation and Maintenance projects across the country. In addition to their operational responsibilities, the private company will also work on improving the public spaces under their care. Initially, the CCMC will provide financial assistance. However, after a few years, the project will transition to a self-sustaining revenue model. Under this model, the contractor will generate revenue through the facilities at these public spaces, which will then be used for Operation and Maintenance activities."

The Coimbatore City Municipal Corporation (CCMC) has selected a Delhi-based private company to manage the operation and maintenance of seven lakefront projects developed under the Smart Cities Mission for around ten years. These lakefronts, situated at Ukkadam Periyakulam, Valankulam, Kurichi Lake, Selva Chinthamani, Muthannankulam, Selvampathy Kumarasamy, and Krishnampathy, underwent significant rejuvenation efforts by the CCMC, involving substantial investments for their enhancement. Each lakefront was adorned with a 2.5 to 5-metre-wide footpath along its shores. Despite these considerable investments, the CCMC encountered difficulties in effectively maintaining these public spaces due to financial limitations and a workforce shortage, leading to various complaints and concerns about their upkeep. To address these challenges and ensure the cleanliness and hygiene of these lakes, the CCMC has awarded the Operation and Maintenance contract to Lion Service Ltd, a firm based in New Delhi, for ten years. Beginning their contractual duties from Thursday, Lion Service Ltd is tasked with park maintenance, solid waste management, civil works, electrical, gardening, mechanical maintenance, and security services. Reports indicate that Lion Service Limited has previously handled similar projects for numerous municipal corporations nationwide, employing advanced technology for efficient operations. A senior official involved in the smart city initiative emphasised, The company is known for its use of cutting-edge technology in Operation and Maintenance projects across the country. In addition to their operational responsibilities, the private company will also work on improving the public spaces under their care. Initially, the CCMC will provide financial assistance. However, after a few years, the project will transition to a self-sustaining revenue model. Under this model, the contractor will generate revenue through the facilities at these public spaces, which will then be used for Operation and Maintenance activities.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..