What is the cost overrun for this Bihar IPM project?

The original cost was ₹500 Cr and has been revised to ₹442 Cr — a cost overrun of -11.6%. Expenditure to date: ₹416 Cr (94.2% of revised cost). Data as of 2026-05.

Which ministry is responsible for this project?

HEFA projects on development of student hostels, playgrounds is under the Department of Higher Education in the Education sector. Project code: 609019. 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. HEFA projects on development of student hostels, playgrounds is one of several Bihar projects tracked under the Education sector on the IPM system.

EducationIPM · Central Project#609019

HEFA projects on development of student hostels, playgrounds, departmental buildings, class room complex and other campus facilities in IIT Kharagpur

Department of Higher EducationWest BengalData:

Revised Cost: ₹442 CrUtilization: 94.2%

Original Cost

₹500 Cr

Baseline estimate

On budget

Revised Cost

₹442 Cr

Latest approved cost

Expenditure

₹416 Cr

Spent to date

Utilization

94.2%

Of revised budget

Stable

Cost Status

On Budget

No escalation

Remaining

₹26 Cr

Budget left

Budget Utilization

94.2%

0%25%50%75%100%

Spent

₹416 Cr

Remaining

₹26 Cr

Total

₹442 Cr

Budget Split

SpentRemaining

Project Timeline

Project Approved

Construction / Implementation

Original End Date

31/03/2023

Revised Completion

31/03/2026

Completed

Project Details

Project Code609019

SectorEducation

MinistryDepartment of Higher Education

StateWest Bengal

Data Month2026-05

Financial Summary

Original Cost₹500 Cr

Revised Cost₹442 Cr

Expenditure₹416 Cr

Original End Date31/03/2023

Revised Date31/03/2026

Project Intelligence

Project is within original budget of ₹500 Cr — no cost escalation recorded.

Expenditure stands at ₹416 Cr, which is 94.2% of the revised project cost.

Remaining budget: ₹26 Cr. Tracked under the DPIIT Investment Project Monitoring system.

Sector: Education. Ministry: Department of Higher Education.

Frequently Asked Questions

What is IPM project "HEFA projects on development of student hostels, playgrounds, departmental build"?: HEFA projects on development of student hostels, playgrounds, departmental buildings, class room complex and other campus facilities in IIT Kharagpur is a centrally-funded infrastructure project under the Department of Higher Education, tracked through the Investment Project Monitoring (IPM) system. Sector: Education. State: West Bengal. Original cost: ₹500 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹500 Cr and has been revised to ₹442 Cr — a cost overrun of -11.6%. Expenditure to date: ₹416 Cr (94.2% of revised cost). Data as of 2026-05.
Which ministry is responsible for this project?: HEFA projects on development of student hostels, playgrounds is under the Department of Higher Education in the Education sector. Project code: 609019. 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. HEFA projects on development of student hostels, playgrounds is one of several Bihar projects tracked under the Education sector on the IPM system.