Construction of lube oil blending plant at Rasayani
Original Cost
₹423 Cr
Baseline estimate
Revised Cost
₹526 Cr
Latest approved cost
Expenditure
₹327 Cr
Spent to date
Utilization
62.0%
Of revised budget
Cost Status
+24.4%
+₹103 Cr increase
Remaining
₹200 Cr
Budget left
Budget Utilization
62.0%Spent
₹327 Cr
Remaining
₹200 Cr
Total
₹526 Cr
Budget Split
Cost Escalation Analysis
Original Cost
₹423 Cr
Revised Cost
₹526 Cr
Increase
+₹103 Cr
Escalation
+24.4%
Project Timeline
Project Approved
Construction / Implementation
Original End Date
31/12/2023
Revised Completion
31/12/2025
Completed
Project Details
Financial Summary
Project Intelligence
Cost has increased by ₹103 Cr (24.4%) from the original estimate of ₹423 Cr.
Expenditure stands at ₹327 Cr, which is 62.0% of the revised project cost.
Remaining budget: ₹200 Cr. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.
Construction of lube oil blending plant at Rasayani is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹423.00 Cr, later revised to ₹526.26 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 "Construction of lube oil blending plant at Rasayani"?
- Construction of lube oil blending plant at Rasayani 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: Maharashtra. Original cost: ₹423 Cr.
- QWhat is the cost overrun for this Bihar IPM project?
- The original cost was ₹423 Cr and has been revised to ₹526 Cr — a cost overrun of +24.4%. Expenditure to date: ₹327 Cr (62.0% of revised cost). Data as of 2025-11.
- QWhich ministry is responsible for this project?
- Construction of lube oil blending plant at Rasayani is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 610985. 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. Construction of lube oil blending plant at Rasayani is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.