Oil & GasIPM · Central Project#701329

Petrochemical and Lube Integration Project at Gujarat Refinery

Ministry of Petroleum & Natural GasGujaratData: 2026-05

Revised Cost: ₹17.8K CrUtilization: 421.3%

Original Cost

₹18.9K Cr

Baseline estimate

On Budget

Revised Cost

₹17.8K Cr

Latest approved cost

Expenditure

₹75.1K Cr

Spent to date

Utilization

421.3%

Of revised budget

Stable

Cost Status

On Budget

No escalation

Remaining

₹0 Cr

Budget left

Budget Utilization

421.3%

0%25%50%75%100%

Spent

₹75.1K Cr

Remaining

₹0 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 Month2026-05

Financial & Timeline

Original Cost₹18.9K Cr

Revised Cost₹17.8K Cr

Expenditure₹75.1K 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 ₹75.1K Cr, which is 421.3% of the revised project cost.

Remaining budget: ₹0 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 "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.
What 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: ₹75092 Cr (421.3% of revised cost). Data as of 2026-05.
Which 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.
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. Petrochemical and Lube Integration Project at Gujarat Refine is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

Frequently Asked Questions

What 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.

What 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: ₹75092 Cr (421.3% of revised cost). Data as of 2026-05.

Which 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.

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. Petrochemical and Lube Integration Project at Gujarat Refine is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.