Oil & GasIPM · Central Project +24.4% Overrun#610985

Construction of lube oil blending plant at Rasayani

Ministry of Petroleum & Natural GasMaharashtraData: 2025-11

Revised Cost: ₹526 CrUtilization: 62.0%Overrun: +₹103 Cr

Original Cost

₹423 Cr

Baseline estimate

+24%

Revised Cost

₹526 Cr

Latest approved cost

Expenditure

₹327 Cr

Spent to date

Utilization

62.0%

Of revised budget

Escalated

Cost Status

+24.4%

+₹103 Cr increase

Remaining

₹200 Cr

Budget left

Budget Utilization

62.0%

0%25%50%75%100%

Spent

₹327 Cr

Remaining

₹200 Cr

Total

₹526 Cr

Budget Split

SpentRemaining

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

Project Code610985

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateMaharashtra

Data Month2025-11

Financial & Timeline

Original Cost₹423 Cr

Revised Cost₹526 Cr

Expenditure₹327 Cr

Original End Date31/12/2023

Revised Date31/12/2025

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. 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 "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.
What 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.
Which 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.
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 lube oil blending plant at Rasayani is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

Frequently Asked Questions

What 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.

What 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.

Which 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.

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 lube oil blending plant at Rasayani is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.