Energy StorageIPM · Central Project +11.5% Overrun

#701349

Paradip-Numaligarh Crude Oil Pipeline [PNCPL] & Crude Oil

Import Terminal [COIT] at Paradip

Ministry of Petroleum & Natural GasBiharData: 2026-04

Revised Cost: ₹11.4K CrUtilization: 95.7%Overrun: +₹1179 Cr

Original Cost

₹10.2K Cr

Baseline estimate

Revised Cost

₹11.4K Cr

Latest approved cost

Expenditure

₹10.9K Cr

Spent to date

Utilization

95.7%

Of revised cost

Cost Overrun

+11.5%

+₹1179 Cr

Remaining

₹495 Cr

Budget left

Budget Utilization

Expenditure vs Revised Cost95.7%

Spent

₹10.9K Cr

Remaining

₹495 Cr

Total

₹11.4K Cr

Budget Split

95.7%

Utilized

SpentRemaining

Cost Escalation Analysis

Original Cost

₹10.2K Cr

Revised Cost

₹11.4K Cr

Increase

+₹1179 Cr

Escalation

+11.5%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

2024-07-27

Revised Completion

2026-10-31

Completed

Project Details

Project Code701349

SectorEnergy Storage

MinistryMinistry of Petroleum & Natural Gas

StateBihar

Data Month2026-04

Financial & Timeline

Original Cost₹10.2K Cr

Revised Cost₹11.4K Cr

Expenditure₹10.9K Cr

Original End Date2024-07-27

Revised Date2026-10-31

Project Intelligence

This is a mega infrastructure project worth ₹11.4K Cr — among the largest central projects in Bihar.

Cost has increased by ₹1179 Cr (11.5%) from the original estimate of ₹10.2K Cr.

Expenditure stands at ₹10.9K Cr, which is 95.7% of the revised project cost.

Remaining budget: ₹495 Cr. Project is tracked under the DPIIT Investment Project Monitoring system.

Sector: Energy Storage. Ministry: Ministry of Petroleum & Natural Gas.

Frequently Asked Questions

What is IPM project "Paradip-Numaligarh Crude Oil Pipeline [PNCPL] & Crude Oil Import Terminal [COIT]"?: Paradip-Numaligarh Crude Oil Pipeline [PNCPL] & Crude Oil Import Terminal [COIT] at Paradip is a centrally-funded infrastructure project under the Ministry of Petroleum & Natural Gas, tracked through the Investment Project Monitoring (IPM) system. Sector: Energy Storage. State: Bihar. Original cost: ₹10228 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹10228 Cr and has been revised to ₹11407 Cr — a cost overrun of +11.5%. Expenditure to date: ₹10912 Cr (95.7% of revised cost). Data as of 2026-04.
Which ministry is responsible for this project?: Paradip-Numaligarh Crude Oil Pipeline [PNCPL] & Crude Oil Im is under the Ministry of Petroleum & Natural Gas in the Energy Storage sector. Project code: 701349. 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. Paradip-Numaligarh Crude Oil Pipeline [PNCPL] & Crude Oil Im is one of several Bihar projects tracked under the Energy Storage sector on the IPM system.

Project Intelligence

This is a mega infrastructure project worth ₹11.4K Cr — among the largest central projects in Bihar.

Cost has increased by ₹1179 Cr (11.5%) from the original estimate of ₹10.2K Cr.

Expenditure stands at ₹10.9K Cr, which is 95.7% of the revised project cost.

Remaining budget: ₹495 Cr. Project is tracked under the DPIIT Investment Project Monitoring system.

Sector: Energy Storage. Ministry: Ministry of Petroleum & Natural Gas.

Frequently Asked Questions

What is IPM project "Paradip-Numaligarh Crude Oil Pipeline [PNCPL] & Crude Oil Import Terminal [COIT]"?

Paradip-Numaligarh Crude Oil Pipeline [PNCPL] & Crude Oil Import Terminal [COIT] at Paradip is a centrally-funded infrastructure project under the Ministry of Petroleum & Natural Gas, tracked through the Investment Project Monitoring (IPM) system. Sector: Energy Storage. State: Bihar. Original cost: ₹10228 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹10228 Cr and has been revised to ₹11407 Cr — a cost overrun of +11.5%. Expenditure to date: ₹10912 Cr (95.7% of revised cost). Data as of 2026-04.

Which ministry is responsible for this project?

Paradip-Numaligarh Crude Oil Pipeline [PNCPL] & Crude Oil Im is under the Ministry of Petroleum & Natural Gas in the Energy Storage sector. Project code: 701349. 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. Paradip-Numaligarh Crude Oil Pipeline [PNCPL] & Crude Oil Im is one of several Bihar projects tracked under the Energy Storage sector on the IPM system.