State-owned National Buildings Construction Corporation (NBCC) has signed an agreement to redevelop the Indian Institute of Public Administration‘s campus in New Delhi, India for Rupees 435 crore [about $68,000,000 USD].
In a filing to the BSE, NBCC said it has “executed an MOU with Indian Institute of Public Administration (IIPA) for re-development of IIPA campus at IP estate, New Delhi.
The IIPA undertakes research studies on current issues of public concern on its own initiative.
It also conducts research in response to specific organizational need to find solutions in difficult decision-making areas. These are normally sponsored projects of Government and national / international organizations.
IIPA offers advisory services in operational areas and provides the necessary hand-holding in implementation of schemes, programmes and project in both Government and private sectors. It conducts a large number of long and short-duration training programmes.
[Photo credit: IIPA]