Oil & GasIPM · Central Project#616933

Lube Modernization & Bottom Upgradation Project at Mumbai Refinery

Ministry of Petroleum & Natural GasMaharashtraData: 2026-05

Revised Cost: ₹4679 CrUtilization: 5.9%

Original Cost

₹4679 Cr

Baseline estimate

On Budget

Revised Cost

₹4679 Cr

Latest approved cost

Expenditure

₹277 Cr

Spent to date

Utilization

5.9%

Of revised budget

Stable

Cost Status

On Budget

No escalation

Remaining

₹4402 Cr

Budget left

Budget Utilization

5.9%

0%25%50%75%100%

Spent

₹277 Cr

Remaining

₹4402 Cr

Total

₹4679 Cr

Budget Split

SpentRemaining

Project Timeline

Project Approved

Construction / Implementation

Original End Date

16/03/2028

Revised Completion

16/03/2028

Completed

Project Details

Project Code616933

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateMaharashtra

Data Month2026-05

Financial & Timeline

Original Cost₹4679 Cr

Revised Cost₹4679 Cr

Expenditure₹277 Cr

Original End Date16/03/2028

Revised Date16/03/2028

Project Intelligence

Project is within original budget of ₹4679 Cr — no cost escalation recorded.

Expenditure stands at ₹277 Cr, which is 5.9% of the revised project cost.

Remaining budget: ₹4402 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 "Lube Modernization & Bottom Upgradation Project at Mumbai Refinery"?: Lube Modernization & Bottom Upgradation Project at Mumbai 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: Maharashtra. Original cost: ₹4679 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost of ₹4679 Cr has not been significantly revised. Expenditure: ₹277 Cr (5.9% of cost). Data as of 2026-05.
Which ministry is responsible for this project?: Lube Modernization & Bottom Upgradation Project at Mumbai Re is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 616933. 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. Lube Modernization & Bottom Upgradation Project at Mumbai Re is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

Frequently Asked Questions

What is IPM project "Lube Modernization & Bottom Upgradation Project at Mumbai Refinery"?

Lube Modernization & Bottom Upgradation Project at Mumbai 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: Maharashtra. Original cost: ₹4679 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost of ₹4679 Cr has not been significantly revised. Expenditure: ₹277 Cr (5.9% of cost). Data as of 2026-05.

Which ministry is responsible for this project?

Lube Modernization & Bottom Upgradation Project at Mumbai Re is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 616933. 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. Lube Modernization & Bottom Upgradation Project at Mumbai Re is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.