Oil & GasIPM · Central Project#701329

Petrochemical and Lube Integration Project at Gujarat Refinery

Ministry of Petroleum & Natural GasGujarat
Revised Cost: ₹17.8K CrUtilization: 78.3%

Original Cost

₹18.9K Cr

Baseline estimate

On budget

Revised Cost

₹17.8K Cr

Latest approved cost

Expenditure

₹14.0K Cr

Spent to date

Utilization

78.3%

Of revised budget

Stable

Cost Status

On Budget

No escalation

Remaining

₹3871 Cr

Budget left

Budget Utilization

78.3%
0%25%50%75%100%

Spent

₹14.0K Cr

Remaining

₹3871 Cr

Total

₹17.8K Cr

Budget Split

SpentRemaining

Project Timeline

Project Approved

Construction / Implementation

Original End Date

31/08/2024

Revised Completion

30/11/2026

Completed

Project Details

Project Code701329
SectorOil & Gas
MinistryMinistry of Petroleum & Natural Gas
StateGujarat
Data Month2026-08

Financial Summary

Original Cost₹18.9K Cr
Revised Cost₹17.8K Cr
Expenditure₹14.0K Cr
Original End Date31/08/2024
Revised Date30/11/2026

Project Intelligence

Mega infrastructure project worth ₹17.8K Cr — among the largest central projects in Gujarat.

Project is within original budget of ₹18.9K Cr — no cost escalation recorded.

Expenditure stands at ₹14.0K Cr, which is 78.3% of the revised project cost.

Remaining budget: ₹3871 Cr. Tracked under the DPIIT Investment Project Monitoring system.

Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.

Petrochemical and Lube Integration Project at Gujarat Refinery is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹18936.00 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 "Petrochemical and Lube Integration Project at Gujarat Refinery"?
Petrochemical and Lube Integration Project 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: ₹18936 Cr.
QWhat is the cost overrun for this Bihar IPM project?
The original cost was ₹18936 Cr and has been revised to ₹17825 Cr — a cost overrun of -5.9%. Expenditure to date: ₹13954 Cr (78.3% of revised cost). Data as of 2026-08.
QWhich ministry is responsible for this project?
Petrochemical and Lube Integration Project at Gujarat Refine is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 701329. 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. Petrochemical and Lube Integration Project at Gujarat Refine is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.