Oil & GasIPM · Central Project +5.0% Overrun#709778

Installation of new Biturox Unit along with allied facilities at Gujarat Refinery

Ministry of Petroleum & Natural GasGujaratData: 2026-05

Revised Cost: ₹344 CrUtilization: 63.3%Overrun: +₹16 Cr

Original Cost

₹328 Cr

Baseline estimate

+5%

Revised Cost

₹344 Cr

Latest approved cost

Expenditure

₹218 Cr

Spent to date

Utilization

63.3%

Of revised budget

Escalated

Cost Status

+5.0%

+₹16 Cr increase

Remaining

₹126 Cr

Budget left

Budget Utilization

63.3%

0%25%50%75%100%

Spent

₹218 Cr

Remaining

₹126 Cr

Total

₹344 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹328 Cr

Revised Cost

₹344 Cr

Increase

+₹16 Cr

Escalation

+5.0%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

08/08/2025

Revised Completion

31/12/2026

Completed

Project Details

Project Code709778

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateGujarat

Data Month2026-05

Financial & Timeline

Original Cost₹328 Cr

Revised Cost₹344 Cr

Expenditure₹218 Cr

Original End Date08/08/2025

Revised Date31/12/2026

Project Intelligence

Cost has increased by ₹16 Cr (5.0%) from the original estimate of ₹328 Cr.

Expenditure stands at ₹218 Cr, which is 63.3% of the revised project cost.

Remaining budget: ₹126 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 new Biturox Unit along with allied facilities at Gujarat Refiner"?: Installation of new Biturox Unit along with allied facilities at Gujarat 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: Gujarat. Original cost: ₹328 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹328 Cr and has been revised to ₹344 Cr — a cost overrun of +5%. Expenditure to date: ₹218 Cr (63.3% of revised cost). Data as of 2026-05.
Which ministry is responsible for this project?: Installation of new Biturox Unit along with allied facilitie is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709778. 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 new Biturox Unit along with allied facilitie 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 new Biturox Unit along with allied facilities at Gujarat Refiner"?

Installation of new Biturox Unit along with allied facilities at Gujarat 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: Gujarat. Original cost: ₹328 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹328 Cr and has been revised to ₹344 Cr — a cost overrun of +5%. Expenditure to date: ₹218 Cr (63.3% of revised cost). Data as of 2026-05.

Which ministry is responsible for this project?

Installation of new Biturox Unit along with allied facilitie is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709778. 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 new Biturox Unit along with allied facilitie is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.