Integrated Para Xylene [PX] and Purified Terephthalic Acid [PTA] Project at Paradip Refinery
Original Cost
₹13.8K Cr
Baseline estimate
Revised Cost
₹11.8K Cr
Latest approved cost
Expenditure
₹8995 Cr
Spent to date
Utilization
76.3%
Of revised budget
Cost Status
On Budget
No escalation
Remaining
₹2788 Cr
Budget left
Budget Utilization
76.3%Spent
₹8995 Cr
Remaining
₹2788 Cr
Total
₹11.8K Cr
Budget Split
Project Timeline
Project Approved
Construction / Implementation
Original End Date
31/01/2024
Revised Completion
30/09/2026
Completed
Project Details
Financial Summary
Project Intelligence
Mega infrastructure project worth ₹11.8K Cr — among the largest central projects in Odisha.
Project is within original budget of ₹13.8K Cr — no cost escalation recorded.
Expenditure stands at ₹8995 Cr, which is 76.3% of the revised project cost.
Remaining budget: ₹2788 Cr. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.
Integrated Para Xylene [PX] and Purified Terephthalic Acid [PTA] Project at Paradip Refinery is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹13805.00 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 "Integrated Para Xylene [PX] and Purified Terephthalic Acid [PTA] Project at Para"?
- Integrated Para Xylene [PX] and Purified Terephthalic Acid [PTA] Project at Paradip 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: Odisha. Original cost: ₹13805 Cr.
- QWhat is the cost overrun for this Bihar IPM project?
- The original cost was ₹13805 Cr and has been revised to ₹11783 Cr — a cost overrun of -14.6%. Expenditure to date: ₹8995 Cr (76.3% of revised cost). Data as of 2026-08.
- QWhich ministry is responsible for this project?
- Integrated Para Xylene [PX] and Purified Terephthalic Acid [ is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 604859. 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. Integrated Para Xylene [PX] and Purified Terephthalic Acid [ is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.