Oil & GasIPM · Central Project +40.2% Overrun#604853

Indian Oil Technology Development and Deployment Centre at R&D Campus-II, Faridabad

Ministry of Petroleum & Natural GasHaryanaData: 2026-05

Revised Cost: ₹3200 CrUtilization: 60.0%Overrun: +₹918 Cr

Original Cost

₹2282 Cr

Baseline estimate

+40%

Revised Cost

₹3200 Cr

Latest approved cost

Expenditure

₹1921 Cr

Spent to date

Utilization

60.0%

Of revised budget

Escalated

Cost Status

+40.2%

+₹918 Cr increase

Remaining

₹1279 Cr

Budget left

Budget Utilization

60.0%

0%25%50%75%100%

Spent

₹1921 Cr

Remaining

₹1279 Cr

Total

₹3200 Cr

Budget Split

SpentRemaining

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

Project Code604853

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateHaryana

Data Month2026-05

Financial & Timeline

Original Cost₹2282 Cr

Revised Cost₹3200 Cr

Expenditure₹1921 Cr

Original End Date31/12/2022

Revised Date31/07/2027

Project Intelligence

Cost has increased by ₹918 Cr (40.2%) from the original estimate of ₹2282 Cr.

Expenditure stands at ₹1921 Cr, which is 60.0% of the revised project cost.

Remaining budget: ₹1279 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 "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.
What 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: ₹1921 Cr (60.0% of revised cost). Data as of 2026-05.
Which 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.
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. 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.

Frequently Asked Questions

What 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.

What 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: ₹1921 Cr (60.0% of revised cost). Data as of 2026-05.

Which 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.

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. 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.