Z-Tech Secures Contract from Lucknow Development Authority for Gomti Riverfront Theme Park Project

Z-Tech Secures Contract from Lucknow Development Authority for Gomti Riverfront Theme Park Project

Z-Tech Secures Contract from Lucknow Development Authority for Gomti Riverfront Theme Park Project​

Z-Tech (India) Limited has secured a contract from the Lucknow Development Authority (LDA) in Uttar Pradesh to undertake the design, construction, and operation of a themed park at the Gomti Riverfront in Lucknow. The project is set to be executed under a Fixed Fee Model, covering both Operations and Maintenance (O&M) for a period spanning 20 years.

The total estimated capital cost for the project is Rs. 12.00 Crores, excluding GST. As per the approved Capital Expenditure structure, 50% of the project costs will be funded by Gomti Riverfront, Lucknow, while Z-Tech (India) Limited will fund the remaining 50%.

Park Vision and Features​

The proposed Theme Park at Gomti Riverfront is envisioned as Lucknow’s first children's park, featuring an interactive aqua-inspired theme. The park aims to be a destination where play, creativity, learning, nature, and sustainability converge along the Gomti River.

A key aspect of the design centers on the concept of 'Art to Waste.' Discarded and scrap materials will be transformed into colorful sculptures and playful installations that serve as interactive experiences for children. This approach is intended to encourage outdoor play, physical activity, and learning beyond screen time.

The park's attractions and amenities are designed to cater to diverse age groups:

Zone/FacilityDescription
Maritime theme zoneAn underwater-inspired setting with fish, turtles, and dolphins, incorporating a shallow layer of gently flowing water for an immersive experience.
Mind Puzzle ZoneFeatures games, mazes, sensory activities, and problem solving challenges designed to enhance creativity, logic, and teamwork through play.
Reflexology and Relaxation ZoneOffers therapeutic pathways and peaceful views of the Gomti River.
Recreational AreasIncludes carnival games, adventurous kids' activities, shaded seating areas, landscaped walking trails, interactive educational exhibits, and security systems.

The initiative is intended to be a distinctive landmark for Lucknow, providing a unique blend of play, learning, art, sustainability, and innovation.

Management Perspective​

Sanghamitra Borgohain, Managing Director of Z-Tech (India) Limited, stated that the partnership with the LDA underscores the company's commitment to creating sustainable and inclusive public infrastructure. She noted that the project merges environmental responsibility with innovative recreational and educational experiences for children and families, thereby enhancing public spaces in Lucknow.

This contract strengthens Z-Tech’s portfolio of environmental infrastructure projects, reflecting its ongoing focus on delivering sustainable and socially impactful solutions across India.

Company Overview​

Z-Tech (India) Limited was incorporated in 1994 with core expertise in civil construction, specializing in the design, supply, and building of retaining structures. In addition to this established business, the company is currently active in Sustainable Theme Park Development, focusing on creating parks through recycled scrap materials. Z-Tech also implements innovative wastewater management solutions for industrial units using GEIST technology, demonstrating a holistic dedication to sustainable practices by converting waste into recreational spaces while managing industrial effluent.

ZTECH Stock Price Movement​

Shares of Z-Tech (India) Limited are edging higher to ₹542 as of 11:02 AM today, having surged by 4.80% in live trading and gaining ₹24.80. The equity currently shows activity through 1,800 shares traded and remains comfortably above its intraday low of ₹520.
 

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