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 Pradesh
Revised Cost: ₹220 CrUtilization: 72.6%Overrun: +₹60 Cr

Original Cost

₹160 Cr

Baseline estimate

+38% overrun

Revised Cost

₹220 Cr

Latest approved cost

Expenditure

₹160 Cr

Spent to date

Utilization

72.6%

Of revised budget

Escalated

Cost Status

+37.5%

+₹60 Cr increase

Remaining

₹60 Cr

Budget left

Budget Utilization

72.6%
0%25%50%75%100%

Spent

₹160 Cr

Remaining

₹60 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 Month2026-08

Financial Summary

Original Cost₹160 Cr
Revised Cost₹220 Cr
Expenditure₹160 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 ₹160 Cr, which is 72.6% of the revised project cost.

Remaining budget: ₹60 Cr. Tracked under the DPIIT Investment Project Monitoring system.

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

HP-COAT [Crude to Olefins and Aromatics Technology] demo unit at Visakh Refinery is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹160.00 Cr, later revised to ₹220.00 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.

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Frequently Asked Questions

QWhat 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.
QWhat 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: ₹160 Cr (72.6% of revised cost). Data as of 2026-08.
QWhich 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.
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. 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.