Group-II/III LOBS Project
Original Cost
₹1620 Cr
Baseline estimate
Revised Cost
₹1620 Cr
Latest approved cost
Expenditure
₹78 Cr
Spent to date
Utilization
4.8%
Of revised budget
Cost Status
On Budget
No escalation
Remaining
₹1542 Cr
Budget left
Budget Utilization
4.8%Spent
₹78 Cr
Remaining
₹1542 Cr
Total
₹1620 Cr
Budget Split
Project Timeline
Project Approved
Construction / Implementation
Original End Date
05/10/2028
Revised Completion
Completed
Project Details
Financial Summary
Project Intelligence
Project is within original budget of ₹1620 Cr — no cost escalation recorded.
Expenditure stands at ₹78 Cr, which is 4.8% of the revised project cost.
Remaining budget: ₹1542 Cr. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.
Group-II/III LOBS Project is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹1620.00 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 "Group-II/III LOBS Project"?
- Group-II/III LOBS Project 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: Tamil Nadu. Original cost: ₹1620 Cr.
- QWhat is the cost overrun for this Bihar IPM project?
- The original cost of ₹1620 Cr has not been significantly revised. Expenditure: ₹78 Cr (4.8% of cost). Data as of 2026-08.
- QWhich ministry is responsible for this project?
- Group-II/III LOBS Project is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 167179. 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. Group-II/III LOBS Project is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.