Energy StorageIPM · Central Project +21.3% overrun#701349

Paradip-Numaligarh Crude Oil Pipeline [PNCPL] & Crude Oil Import Terminal [COIT] at Paradip

Ministry of Petroleum & Natural GasWest Bengal
Revised Cost: ₹12.4K CrUtilization: 90.6%Overrun: +₹2179 Cr

Original Cost

₹10.2K Cr

Baseline estimate

+21% overrun

Revised Cost

₹12.4K Cr

Latest approved cost

Expenditure

₹11.2K Cr

Spent to date

Utilization

90.6%

Of revised budget

Escalated

Cost Status

+21.3%

+₹2179 Cr increase

Remaining

₹1171 Cr

Budget left

Budget Utilization

90.6%
0%25%50%75%100%

Spent

₹11.2K Cr

Remaining

₹1171 Cr

Total

₹12.4K Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹10.2K Cr

Revised Cost

₹12.4K Cr

Increase

+₹2179 Cr

Escalation

+21.3%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

27/07/2024

Revised Completion

31/10/2026

Completed

Project Details

Project Code701349
SectorEnergy Storage
MinistryMinistry of Petroleum & Natural Gas
StateWest Bengal
Data Month2026-08

Financial Summary

Original Cost₹10.2K Cr
Revised Cost₹12.4K Cr
Expenditure₹11.2K Cr
Original End Date27/07/2024
Revised Date31/10/2026

Project Intelligence

Mega infrastructure project worth ₹12.4K Cr — among the largest central projects in West Bengal.

Cost has increased by ₹2179 Cr (21.3%) from the original estimate of ₹10.2K Cr.

Expenditure stands at ₹11.2K Cr, which is 90.6% of the revised project cost.

Remaining budget: ₹1171 Cr. Tracked under the DPIIT Investment Project Monitoring system.

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

Paradip-Numaligarh Crude Oil Pipeline [PNCPL] & Crude Oil Import Terminal [COIT] at Paradip is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Energy Storage sector. The original approved cost is ₹10228.00 Cr, later revised to ₹12407.00 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.

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Frequently Asked Questions

QWhat 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: West Bengal. Original cost: ₹10228 Cr.
QWhat is the cost overrun for this Bihar IPM project?
The original cost was ₹10228 Cr and has been revised to ₹12407 Cr — a cost overrun of +21.3%. Expenditure to date: ₹11237 Cr (90.6% of revised cost). Data as of 2026-08.
QWhich 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.
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. 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.