Academic Block 1 & 2
Original Cost
₹68 Cr
Baseline estimate
Revised Cost
₹264 Cr
Latest approved cost
Expenditure
₹27 Cr
Spent to date
Utilization
10.4%
Of revised budget
Cost Status
+288.1%
+₹196 Cr increase
Remaining
₹237 Cr
Budget left
Budget Utilization
10.4%Spent
₹27 Cr
Remaining
₹237 Cr
Total
₹264 Cr
Budget Split
Cost Escalation Analysis
Original Cost
₹68 Cr
Revised Cost
₹264 Cr
Increase
+₹196 Cr
Escalation
+288.1%
Project Timeline
Project Approved
Construction / Implementation
Original End Date
31/07/2026
Revised Completion
31/03/2027
Completed
Project Details
Financial Summary
Project Intelligence
Cost has increased by ₹196 Cr (288.1%) from the original estimate of ₹68 Cr.
Expenditure stands at ₹27 Cr, which is 10.4% of the revised project cost.
Remaining budget: ₹237 Cr. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Education. Ministry: Department of Higher Education.
Academic Block 1 & 2 is a centrally-funded infrastructure project under Department of Higher Education, in the Education sector. The original approved cost is ₹68.00 Cr, later revised to ₹263.93 Cr.
This project is tracked under the Investment Project Monitoring (IPM) system maintained by DPIIT. Other central projects in the same sector are listed below.
Frequently Asked Questions
- QWhat is IPM project "Academic Block 1 & 2"?
- Academic Block 1 & 2 is a centrally-funded infrastructure project under the Department of Higher Education, tracked through the Investment Project Monitoring (IPM) system. Sector: Education. State: Maharashtra. Original cost: ₹68 Cr.
- QWhat is the cost overrun for this Bihar IPM project?
- The original cost was ₹68 Cr and has been revised to ₹264 Cr — a cost overrun of +288.1%. Expenditure to date: ₹27 Cr (10.4% of revised cost). Data as of 2025-10.
- QWhich ministry is responsible for this project?
- Academic Block 1 & 2 is under the Department of Higher Education in the Education sector. Project code: 612203. Bihar is one of the states tracked under the central IPM dashboard for this project.
- QWhat is the IPM dashboard and what does it track?
- The Investment Project Monitoring (IPM) dashboard, maintained by DPIIT (Department for Promotion of Industry and Internal Trade), tracks centrally-funded infrastructure projects worth ₹150 Crore and above. Academic Block 1 & 2 is one of several Bihar projects tracked under the Education sector on the IPM system.