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UP Cabinet Clears 30-Year Lease of JPNIC to Private Consortium

Summary by Hindustan Times
Consortium to pay ₹831 crore to LDA; land and asset will remain under authority’s ownership while the selected bidder will operate and maintain the centre

7 Articles

Lean Right

The Uttar Pradesh Cabinet has approved the transfer of the Jai Prakash Narayan International Centre (JPNIC) to private companies on a 30-year lease. Rockwood Hotels & Resorts Private Limited and Vrindavan Bottlers will be granted the rights to operate the centre. Under this lease agreement, both companies will pay ₹831 crore to the Uttar Pradesh Development Authority (LDA).

A new and major political battle has erupted in Uttar Pradesh politics over Lucknow's prestigious Jai Prakash Narayan International Centre (JPNIC). Built during the previous Samajwadi Party government, this ambitious project has been handed over to private hands by the current Bharatiya Janata Party (BJP) government on a 30-year lease […] The post 'Is it a government or a shopkeeper?': Akhilesh Yadav lashes out at the privatization of JPNIC, say…

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Dainik Bhaskar broke the news in Bhopal, India on Tuesday, August 25, 2026.
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