Oil & GasIPM · Central Project +37.5% Overrun#709752

HP-COAT [Crude to Olefins and Aromatics Technology] demo unit at Visakh Refinery

Ministry of Petroleum & Natural GasAndhra PradeshData: 2026-05

Revised Cost: ₹220 CrUtilization: 64.7%Overrun: +₹60 Cr

Original Cost

₹160 Cr

Baseline estimate

+38%

Revised Cost

₹220 Cr

Latest approved cost

Expenditure

₹142 Cr

Spent to date

Utilization

64.7%

Of revised budget

Escalated

Cost Status

+37.5%

+₹60 Cr increase

Remaining

₹78 Cr

Budget left

Budget Utilization

64.7%

0%25%50%75%100%

Spent

₹142 Cr

Remaining

₹78 Cr

Total

₹220 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹160 Cr

Revised Cost

₹220 Cr

Increase

+₹60 Cr

Escalation

+37.5%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

30/06/2024

Revised Completion

28/02/2027

Completed

Project Details

Project Code709752

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateAndhra Pradesh

Data Month2026-05

Financial & Timeline

Original Cost₹160 Cr

Revised Cost₹220 Cr

Expenditure₹142 Cr

Original End Date30/06/2024

Revised Date28/02/2027

Project Intelligence

Cost has increased by ₹60 Cr (37.5%) from the original estimate of ₹160 Cr.

Expenditure stands at ₹142 Cr, which is 64.7% of the revised project cost.

Remaining budget: ₹78 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 "HP-COAT [Crude to Olefins and Aromatics Technology] demo unit at Visakh Refinery"?: HP-COAT [Crude to Olefins and Aromatics Technology] demo unit at Visakh Refinery 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: Andhra Pradesh. Original cost: ₹160 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹160 Cr and has been revised to ₹220 Cr — a cost overrun of +37.5%. Expenditure to date: ₹142 Cr (64.7% of revised cost). Data as of 2026-05.
Which ministry is responsible for this project?: HP-COAT [Crude to Olefins and Aromatics Technology] demo uni is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709752. 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. HP-COAT [Crude to Olefins and Aromatics Technology] demo uni is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

Frequently Asked Questions

What is IPM project "HP-COAT [Crude to Olefins and Aromatics Technology] demo unit at Visakh Refinery"?

HP-COAT [Crude to Olefins and Aromatics Technology] demo unit at Visakh Refinery 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: Andhra Pradesh. Original cost: ₹160 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹160 Cr and has been revised to ₹220 Cr — a cost overrun of +37.5%. Expenditure to date: ₹142 Cr (64.7% of revised cost). Data as of 2026-05.

Which ministry is responsible for this project?

HP-COAT [Crude to Olefins and Aromatics Technology] demo uni is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709752. 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. HP-COAT [Crude to Olefins and Aromatics Technology] demo uni is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.