The Central Public Works Department (CPWD) has entered into an agreement with IIM Tiruchirappalli (IIM Trichy) for undertaking the Project Management Consultancy for the construction of its permanent campus.
The construction of this new campus estimated to be around Rs 450 crore and it will begin during March-April 2014 and is expected to be completed by March 2016.
Today's MoU includes planning, designing and construction of the campus.
The Memorandum of Understanding (MoU) was signed today in Delhi in the presence of V K Gupta, DG, CPWD and Dr. Prafulla Agnihotri, Director, IIM, Trichy.
The permanent campus will come up in 68 hectares site which has been allotted by the Government of Tamil Nadu.
The campus which will accommodate 1,500 students and 300 faculty and staff members would be fully self-sufficient for its residents and shall comprise of academic facilities, world class hostels for the students, residences for the faculty and staff, recreational facilities and a well-equipped Management Development Centre for the students and faculty.
The master planning and designing of the campus has been entrusted to a firm of leading architects. IIM Trichy aims to have a green campus and would be self-sufficient in terms of its water requirements in 5-7 years of its operations.
IIM Tiruchirappalli (IIM Trichy) is the eleventh IIM which began its activities in 2011.
