Prime Minister Narendra Modi will preside over the meeting, the second since the NDA assumed power in 2014.
According to sources, Telugu Desam Party chief and Andhra Pradesh Chief Minister Chandrababu Naidu and his Jammu and Kashmir counterpart Mehbooba Mufti, inter alia, will attend the meeting.
During the meeting, the leaders will take stock of the political situation and deliberate on the future strategy of the alliance.
Besides, a number of Union ministers will be present at the meeting, the sources said.
They said representatives of all the allies of the BJP across the country will participate in the meeting during the evening, followed by dinner.