The 20,000 capacity Tau Devi Lal stadium in Panchkula, which will host matches of the Indian Cricket League, will be given to the organisers on lease for 50 days annually for a period of 10 years.

Apart from the lease rent, the civic body will also get a share of revenue from sale of ticket, food and beverages and ground advertisement.

“They will pay us lease rent of Rs 6.75 lakh per month and install floodlights at their own expense. Plus, 15 per cent of revenue from ticket sales and food and beverages sale and a share of revenue from ground advertisement will also be paid to us by them,” Haryana Urban Development Authority Chief Administrator T C Gupta told reporters.

He said the stadium, which has mounds instead of stands or chairs, should offer a good experience to cricket lovers.

“The ICL tournament should do good to us. Our boys will get good exposure as earlier the stadium has not hosted any major tournament,” he added.

The ICL will be required to maintain the ground for as long as the matches are on while HUDA will maintain the field during the off-season.

Reetinder Singh Sodhi, one of the ICL recruits, said the venue had a good batting track and hoped some good cricket would be seen there when the inaugural edition of the Twenty20 competition is played there from November 30 to December 16.

“I and most of the Punjab players played there last year in the JP Atray Tournament, which we won by defeating ONGC. The cricket stadium is coming up well and offers a good batting track and has a fast outfield,” Sodhi said.