Establishment of Permanent campus Phase 1 of IIM Sirmaur
Original Cost
₹393 Cr
Baseline estimate
Revised Cost
₹455 Cr
Latest approved cost
Expenditure
₹340 Cr
Spent to date
Utilization
74.8%
Of revised budget
Cost Status
+15.7%
+₹62 Cr increase
Remaining
₹115 Cr
Budget left
Budget Utilization
74.8%Spent
₹340 Cr
Remaining
₹115 Cr
Total
₹455 Cr
Budget Split
Cost Escalation Analysis
Original Cost
₹393 Cr
Revised Cost
₹455 Cr
Increase
+₹62 Cr
Escalation
+15.7%
Project Timeline
Project Approved
Construction / Implementation
Original End Date
31/10/2023
Revised Completion
30/09/2026
Completed
Project Details
Financial Summary
Project Intelligence
Cost has increased by ₹62 Cr (15.7%) from the original estimate of ₹393 Cr.
Expenditure stands at ₹340 Cr, which is 74.8% of the revised project cost.
Remaining budget: ₹115 Cr. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Education. Ministry: Department of Higher Education.
Establishment of Permanent campus Phase 1 of IIM Sirmaur is a centrally-funded infrastructure project under Department of Higher Education, in the Education sector. The original approved cost is ₹393.00 Cr, later revised to ₹454.78 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 "Establishment of Permanent campus Phase 1 of IIM Sirmaur"?
- Establishment of Permanent campus Phase 1 of IIM Sirmaur is a centrally-funded infrastructure project under the Department of Higher Education, tracked through the Investment Project Monitoring (IPM) system. Sector: Education. State: Himachal Pradesh. Original cost: ₹393 Cr.
- QWhat is the cost overrun for this Bihar IPM project?
- The original cost was ₹393 Cr and has been revised to ₹455 Cr — a cost overrun of +15.7%. Expenditure to date: ₹340 Cr (74.8% of revised cost). Data as of 2026-08.
- QWhich ministry is responsible for this project?
- Establishment of Permanent campus Phase 1 of IIM Sirmaur is under the Department of Higher Education in the Education sector. Project code: 602099. 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. Establishment of Permanent campus Phase 1 of IIM Sirmaur is one of several Bihar projects tracked under the Education sector on the IPM system.