What is the cost overrun for this Bihar IPM project?

The original cost was ₹683 Cr and has been revised to ₹727 Cr — a cost overrun of +6.4%. Expenditure to date: ₹601 Cr (82.7% of revised cost). Data as of 2026-08.

Which ministry is responsible for this project?

Development of Surface Facilities for production and evacuat is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 604863. 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. Development of Surface Facilities for production and evacuat is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

Oil & GasIPM · Central Project +6.4% overrun#604863

Development of Surface Facilities for production and evacuation of Crude Oil and Natural Gas from Nadua and East Khagorija

Ministry of Petroleum & Natural GasAssamData:

Revised Cost: ₹727 CrUtilization: 82.7%Overrun: +₹44 Cr

Original Cost

₹683 Cr

Baseline estimate

+6% overrun

Revised Cost

₹727 Cr

Latest approved cost

Expenditure

₹601 Cr

Spent to date

Utilization

82.7%

Of revised budget

Escalated

Cost Status

+6.4%

+₹44 Cr increase

Remaining

₹126 Cr

Budget left

Budget Utilization

82.7%

0%25%50%75%100%

Spent

₹601 Cr

Remaining

₹126 Cr

Total

₹727 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹683 Cr

Revised Cost

₹727 Cr

Increase

+₹44 Cr

Escalation

+6.4%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

29/02/2020

Revised Completion

31/12/2026

Completed

Project Details

Project Code604863

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateAssam

Data Month2026-08

Financial Summary

Original Cost₹683 Cr

Revised Cost₹727 Cr

Expenditure₹601 Cr

Original End Date29/02/2020

Revised Date31/12/2026

Project Intelligence

Cost has increased by ₹44 Cr (6.4%) from the original estimate of ₹683 Cr.

Expenditure stands at ₹601 Cr, which is 82.7% of the revised project cost.

Remaining budget: ₹126 Cr. Tracked under the DPIIT Investment Project Monitoring system.

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

Development of Surface Facilities for production and evacuation of Crude Oil and Natural Gas from Nadua and East Khagorija is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹683.00 Cr, later revised to ₹726.93 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 "Development of Surface Facilities for production and evacuation of Crude Oil and"?: Development of Surface Facilities for production and evacuation of Crude Oil and Natural Gas from Nadua and East Khagorija 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: Assam. Original cost: ₹683 Cr.
QWhat is the cost overrun for this Bihar IPM project?: The original cost was ₹683 Cr and has been revised to ₹727 Cr — a cost overrun of +6.4%. Expenditure to date: ₹601 Cr (82.7% of revised cost). Data as of 2026-08.
QWhich ministry is responsible for this project?: Development of Surface Facilities for production and evacuat is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 604863. 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. Development of Surface Facilities for production and evacuat is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.