Oil & GasIPM · Central Project +4.6% Overrun#701289

Capacity Expansion of Panipat Refinery from 15 to 25 MMTPA

Ministry of Petroleum & Natural GasHaryanaData: 2026-05

Revised Cost: ₹36.2K CrUtilization: 74.6%Overrun: +₹1598 Cr

Original Cost

₹34.6K Cr

Baseline estimate

+5%

Revised Cost

₹36.2K Cr

Latest approved cost

Expenditure

₹27.0K Cr

Spent to date

Utilization

74.6%

Of revised budget

Escalated

Cost Status

+4.6%

+₹1598 Cr increase

Remaining

₹9211 Cr

Budget left

Budget Utilization

74.6%

0%25%50%75%100%

Spent

₹27.0K Cr

Remaining

₹9211 Cr

Total

₹36.2K Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹34.6K Cr

Revised Cost

₹36.2K Cr

Increase

+₹1598 Cr

Escalation

+4.6%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

30/09/2024

Revised Completion

31/12/2026

Completed

Project Details

Project Code701289

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateHaryana

Data Month2026-05

Financial & Timeline

Original Cost₹34.6K Cr

Revised Cost₹36.2K Cr

Expenditure₹27.0K Cr

Original End Date30/09/2024

Revised Date31/12/2026

Project Intelligence

Mega infrastructure project worth ₹36.2K Cr — among the largest central projects in Haryana.

Cost has increased by ₹1598 Cr (4.6%) from the original estimate of ₹34.6K Cr.

Expenditure stands at ₹27.0K Cr, which is 74.6% of the revised project cost.

Remaining budget: ₹9211 Cr. Project is tracked under the DPIIT Investment Project Monitoring system.

Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.

Frequently Asked Questions

What is IPM project "Capacity Expansion of Panipat Refinery from 15 to 25 MMTPA"?: Capacity Expansion of Panipat Refinery from 15 to 25 MMTPA is a centrally-funded infrastructure project under the Ministry of Petroleum & Natural Gas, tracked through the Investment Project Monitoring (IPM) system. Sector: Oil & Gas. State: Haryana. Original cost: ₹34627 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹34627 Cr and has been revised to ₹36225 Cr — a cost overrun of +4.6%. Expenditure to date: ₹27014 Cr (74.6% of revised cost). Data as of 2026-05.
Which ministry is responsible for this project?: Capacity Expansion of Panipat Refinery from 15 to 25 MMTPA is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 701289. Bihar is one of the states tracked under the central IPM dashboard for this project.
What 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. Capacity Expansion of Panipat Refinery from 15 to 25 MMTPA is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

Frequently Asked Questions

What is IPM project "Capacity Expansion of Panipat Refinery from 15 to 25 MMTPA"?

Capacity Expansion of Panipat Refinery from 15 to 25 MMTPA is a centrally-funded infrastructure project under the Ministry of Petroleum & Natural Gas, tracked through the Investment Project Monitoring (IPM) system. Sector: Oil & Gas. State: Haryana. Original cost: ₹34627 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹34627 Cr and has been revised to ₹36225 Cr — a cost overrun of +4.6%. Expenditure to date: ₹27014 Cr (74.6% of revised cost). Data as of 2026-05.

Which ministry is responsible for this project?

Capacity Expansion of Panipat Refinery from 15 to 25 MMTPA is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 701289. Bihar is one of the states tracked under the central IPM dashboard for this project.

What 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. Capacity Expansion of Panipat Refinery from 15 to 25 MMTPA is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.