Oil & GasIPM · Central Project

#709777

Installation of Bitumen Manufacturing Unit along with

allied facilities at Barauni Refinery

Ministry of Petroleum & Natural GasBiharData: 2026-04

Revised Cost: ₹340 CrUtilization: 34.0%

Original Cost

₹389 Cr

Baseline estimate

Revised Cost

₹340 Cr

Latest approved cost

Expenditure

₹116 Cr

Spent to date

Utilization

34.0%

Of revised cost

Cost Overrun

On Budget

No escalation

Remaining

₹224 Cr

Budget left

Budget Utilization

Expenditure vs Revised Cost34.0%

Spent

₹116 Cr

Remaining

₹224 Cr

Total

₹340 Cr

Budget Split

34.0%

Utilized

SpentRemaining

Project Timeline

Project Approved

Construction / Implementation

Original End Date

2025-04-30

Revised Completion

2027-01-31

Completed

Project Details

Project Code709777

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateBihar

Data Month2026-04

Financial & Timeline

Original Cost₹389 Cr

Revised Cost₹340 Cr

Expenditure₹116 Cr

Original End Date2025-04-30

Revised Date2027-01-31

Project Intelligence

Project is within original budget of ₹389 Cr — no cost escalation recorded.

Expenditure stands at ₹116 Cr, which is 34.0% of the revised project cost.

Remaining budget: ₹224 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 "Installation of Bitumen Manufacturing Unit along with allied facilities at Barau"?: Installation of Bitumen Manufacturing Unit along with allied facilities at Barauni 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: Bihar. Original cost: ₹389 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹389 Cr and has been revised to ₹340 Cr — a cost overrun of -12.6%. Expenditure to date: ₹116 Cr (34.0% of revised cost). Data as of 2026-04.
Which ministry is responsible for this project?: Installation of Bitumen Manufacturing Unit along with allied is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709777. 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. Installation of Bitumen Manufacturing Unit along with allied is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

Project Intelligence

Project is within original budget of ₹389 Cr — no cost escalation recorded.

Expenditure stands at ₹116 Cr, which is 34.0% of the revised project cost.

Remaining budget: ₹224 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 "Installation of Bitumen Manufacturing Unit along with allied facilities at Barau"?

Installation of Bitumen Manufacturing Unit along with allied facilities at Barauni 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: Bihar. Original cost: ₹389 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹389 Cr and has been revised to ₹340 Cr — a cost overrun of -12.6%. Expenditure to date: ₹116 Cr (34.0% of revised cost). Data as of 2026-04.

Which ministry is responsible for this project?

Installation of Bitumen Manufacturing Unit along with allied is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709777. 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. Installation of Bitumen Manufacturing Unit along with allied is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.