Installation of Bitumen Manufacturing Unit along with allied facilities at Barauni Refinery
Original Cost
₹389 Cr
Baseline estimate
Revised Cost
₹410 Cr
Latest approved cost
Expenditure
₹128 Cr
Spent to date
Utilization
31.3%
Of revised budget
Cost Status
+5.5%
+₹21 Cr increase
Remaining
₹282 Cr
Budget left
Budget Utilization
31.3%Spent
₹128 Cr
Remaining
₹282 Cr
Total
₹410 Cr
Budget Split
Cost Escalation Analysis
Original Cost
₹389 Cr
Revised Cost
₹410 Cr
Increase
+₹21 Cr
Escalation
+5.5%
Project Timeline
Project Approved
Construction / Implementation
Original End Date
30/04/2025
Revised Completion
30/06/2027
Completed
Project Details
Financial Summary
Project Intelligence
Cost has increased by ₹21 Cr (5.5%) from the original estimate of ₹389 Cr.
Expenditure stands at ₹128 Cr, which is 31.3% of the revised project cost.
Remaining budget: ₹282 Cr. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.
Installation of Bitumen Manufacturing Unit along with allied facilities at Barauni Refinery is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹389.00 Cr, later revised to ₹410.30 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 "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.
- QWhat is the cost overrun for this Bihar IPM project?
- The original cost was ₹389 Cr and has been revised to ₹410 Cr — a cost overrun of +5.5%. Expenditure to date: ₹128 Cr (31.3% of revised cost). Data as of 2026-08.
- QWhich 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.
- 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. Installation of Bitumen Manufacturing Unit along with allied is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.