Oil & GasIPM · Central Project +50.1% Overrun#709783

Installation of Multiple Effect Evaporator [MEE] for ETP-1, 2 & 4 of Panipat Refinery and Petrochemical Complex.

Ministry of Petroleum & Natural GasHaryanaData: 2026-05

Revised Cost: ₹248 CrUtilization: 71.9%Overrun: +₹83 Cr

Original Cost

₹165 Cr

Baseline estimate

+50%

Revised Cost

₹248 Cr

Latest approved cost

Expenditure

₹178 Cr

Spent to date

Utilization

71.9%

Of revised budget

Escalated

Cost Status

+50.1%

+₹83 Cr increase

Remaining

₹70 Cr

Budget left

Budget Utilization

71.9%

0%25%50%75%100%

Spent

₹178 Cr

Remaining

₹70 Cr

Total

₹248 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹165 Cr

Revised Cost

₹248 Cr

Increase

+₹83 Cr

Escalation

+50.1%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

30/06/2023

Revised Completion

30/06/2026

Completed

Project Details

Project Code709783

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateHaryana

Data Month2026-05

Financial & Timeline

Original Cost₹165 Cr

Revised Cost₹248 Cr

Expenditure₹178 Cr

Original End Date30/06/2023

Revised Date30/06/2026

Project Intelligence

Cost has increased by ₹83 Cr (50.1%) from the original estimate of ₹165 Cr.

Expenditure stands at ₹178 Cr, which is 71.9% of the revised project cost.

Remaining budget: ₹70 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 Multiple Effect Evaporator [MEE] for ETP-1, 2 & 4 of Panipat Ref"?: Installation of Multiple Effect Evaporator [MEE] for ETP-1, 2 & 4 of Panipat Refinery and Petrochemical Complex. 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: ₹165 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹165 Cr and has been revised to ₹248 Cr — a cost overrun of +50.1%. Expenditure to date: ₹178 Cr (71.9% of revised cost). Data as of 2026-05.
Which ministry is responsible for this project?: Installation of Multiple Effect Evaporator [MEE] for ETP-1, is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709783. 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 Multiple Effect Evaporator [MEE] for ETP-1, is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

Frequently Asked Questions

What is IPM project "Installation of Multiple Effect Evaporator [MEE] for ETP-1, 2 & 4 of Panipat Ref"?

Installation of Multiple Effect Evaporator [MEE] for ETP-1, 2 & 4 of Panipat Refinery and Petrochemical Complex. 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: ₹165 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹165 Cr and has been revised to ₹248 Cr — a cost overrun of +50.1%. Expenditure to date: ₹178 Cr (71.9% of revised cost). Data as of 2026-05.

Which ministry is responsible for this project?

Installation of Multiple Effect Evaporator [MEE] for ETP-1, is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709783. 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 Multiple Effect Evaporator [MEE] for ETP-1, is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.