Indian Oil Technology Development and Deployment Centre at R&D Campus-II, Faridabad
Original Cost
₹2282 Cr
Baseline estimate
Revised Cost
₹3200 Cr
Latest approved cost
Expenditure
₹1922 Cr
Spent to date
Utilization
60.1%
Of revised budget
Cost Status
+40.2%
+₹918 Cr increase
Remaining
₹1278 Cr
Budget left
Budget Utilization
60.1%Spent
₹1922 Cr
Remaining
₹1278 Cr
Total
₹3200 Cr
Budget Split
Cost Escalation Analysis
Original Cost
₹2282 Cr
Revised Cost
₹3200 Cr
Increase
+₹918 Cr
Escalation
+40.2%
Project Timeline
Project Approved
Construction / Implementation
Original End Date
31/12/2022
Revised Completion
31/07/2027
Completed
Project Details
Financial Summary
Project Intelligence
Cost has increased by ₹918 Cr (40.2%) from the original estimate of ₹2282 Cr.
Expenditure stands at ₹1922 Cr, which is 60.1% of the revised project cost.
Remaining budget: ₹1278 Cr. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.
Indian Oil Technology Development and Deployment Centre at R&D Campus-II, Faridabad is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹2282.00 Cr, later revised to ₹3200.00 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 "Indian Oil Technology Development and Deployment Centre at R&D Campus-II, Farida"?
- Indian Oil Technology Development and Deployment Centre at R&D Campus-II, Faridabad 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: Haryana. Original cost: ₹2282 Cr.
- QWhat is the cost overrun for this Bihar IPM project?
- The original cost was ₹2282 Cr and has been revised to ₹3200 Cr — a cost overrun of +40.2%. Expenditure to date: ₹1922 Cr (60.1% of revised cost). Data as of 2026-08.
- QWhich ministry is responsible for this project?
- Indian Oil Technology Development and Deployment Centre at R is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 604853. 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. Indian Oil Technology Development and Deployment Centre at R is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.