The government would be redeveloping two national stadiums, including the marque Jawaharlal Nehru Stadium in New Delhi and two regional sports centres at Bengaluru and Zirakpur on a public-private partnership (PPP) mode as part of its asset monetisation plan.

       The mode of monetisation for these would be operation, management and development agreement (OMDA) model adopted for airports like Delhi and Mumbai. The agreement period or concession period in airports is 30 years with a joint venture (JV) company formed with Airports Authority of India to run the asset having right to seek ...