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  2. A concession agreement is an agreement between a Government Authority and a Private entity, through which the Government grants certain rights to the Private entity for a limited period of time. These agreements are common in the development of infrastructural projects under the Public-Private Partnership (PPP) model.
    blog.ipleaders.in/concession-agreement/
    Under this PPP model, the Govt. of India and many others have adopted the approach of granting concession agreements to private entities for provision of public assets or service. Concession agreements provide the most economically feasible way for mobilization of private capital for augmenting scarce public resources 2.
    www.mondaq.com/india/government-contracts-pro…
     
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  12. Model Agreements | NITI Aayog

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