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  3. /Construction of IIT Bhubaneswar -Phase III
EducationIPM · Central Project#611961

Construction of IIT Bhubaneswar -Phase III

Department of Higher EducationOdishaData: 2026-05
Revised Cost: ₹454 CrUtilization: 22.3%

Original Cost

₹454 Cr

Baseline estimate

On Budget

Revised Cost

₹454 Cr

Latest approved cost

Expenditure

₹101 Cr

Spent to date

Utilization

22.3%

Of revised budget

Stable

Cost Status

On Budget

No escalation

Remaining

₹353 Cr

Budget left

Budget Utilization

22.3%
0%25%50%75%100%

Spent

₹101 Cr

Remaining

₹353 Cr

Total

₹454 Cr

Budget Split

SpentRemaining

Project Timeline

Project Approved

Construction / Implementation

Original End Date

20/11/2026

Revised Completion

Completed

Project Details

Project Code611961
SectorEducation
MinistryDepartment of Higher Education
StateOdisha
Data Month2026-05

Financial & Timeline

Original Cost₹454 Cr
Revised Cost₹454 Cr
Expenditure₹101 Cr
Original End Date20/11/2026
Revised DateN/A

Project Intelligence

Project is within original budget of ₹454 Cr — no cost escalation recorded.

Expenditure stands at ₹101 Cr, which is 22.3% of the revised project cost.

Remaining budget: ₹353 Cr. Project is tracked under the DPIIT Investment Project Monitoring system.

Sector: Education. Ministry: Department of Higher Education.

Frequently Asked Questions

What is IPM project "Construction of IIT Bhubaneswar -Phase III"?
Construction of IIT Bhubaneswar -Phase III is a centrally-funded infrastructure project under the Department of Higher Education, tracked through the Investment Project Monitoring (IPM) system. Sector: Education. State: Odisha. Original cost: ₹454 Cr.
What is the cost overrun for this Bihar IPM project?
The original cost of ₹454 Cr has not been significantly revised. Expenditure: ₹101 Cr (22.3% of cost). Data as of 2026-05.
Which ministry is responsible for this project?
Construction of IIT Bhubaneswar -Phase III is under the Department of Higher Education in the Education sector. Project code: 611961. 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. Construction of IIT Bhubaneswar -Phase III is one of several Bihar projects tracked under the Education sector on the IPM system.

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