Chandigarh, Dec. 7 -- Eyeing revenue in crores, the Chandigarh municipal corporation (MC) has amended the terms of the tender inviting bidders for operation and maintenance of the city's 52 fountains at public places, including major parks. After releasing the tender twice in the last four months, there have been no takers for the bid, thus making the corporation rethink and introduce few changes in the terms.

The fresh tender, with updated terms and conditions, will be released again for the third time in the coming days. This tender is expected to rake in over Rs.10 crore in revenue for the civic body.

In August this year, the MC had launched a revenue-based model for park fountains, aiming to generate crores through advertising right...