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Logistics

NITI Aayog To Revise & Update Model Concession Agreement For Multimodal Logistics Parks

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May 19, 2026 • 0 Comments

As per its Annual Report 2025-26, NITI Aayog, in collaboration with multiple union ministries, is working toward strengthening PPP (Public-Private Partnership) frameworks for several key infrastructure projects, including multimodal logistics parks, mega railway station redevelopment and renovation, and state-of-the-art integrated sports complexes. One of the primary focuses is to upgrade and revise the model concession agreement for multimodal logistics parks being developed alongside the Union Ministry of Road Transport and Highways and National Highways Logistics Management Limited.

The revised structure is aimed at improving investor confidence and making projects more financially sustainable and easier to implement. The revised agreement is undergoing considerable consultations to enhance project viability, bankability, and bring participation from private developers. The much-awaited move is likely to support the government’s wider logistics upgradation programme aimed at cutting transportation costs and significantly improving freight movement efficiency across India. The policy think tank has also been assisting the Union Ministry of Railways in evaluating redevelopment proposals for Andhra Pradesh's Vijayawada railway station.

According to the report, the redevelopment proposals involve modernising railway station infrastructure on brownfield sites and creating commercial development opportunities connected to the stations. The think tank indicated that the projects were planned to maximise revenue from the land linked to the railway stations. The Annual report of NITI Aayog also mentioned that the railway station redevelopment projects have received initial approval and are now at the bidding stage. Separately, NITI Aayog stated that it has worked with the Ministry of Youth Affairs and Sports to prepare a concept paper for a proposed concession framework for integrated sports stadium developments under the public-private partnership model.

The proposed framework is meant to be implemented on a design, build, finance, operate, and transfer basis. It aims to help create multi-use sports stadiums that meet international standards with the participation of the private sector.

For more such news and updates, visit CARGOCONNECT.

 

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