Provision of four bitumen tanks with capacity of 5 TMT each at Visakh Refinery
Original Cost
₹258 Cr
Baseline estimate
Revised Cost
₹258 Cr
Latest approved cost
Expenditure
₹12 Cr
Spent to date
Utilization
4.6%
Of revised budget
Cost Status
+0.1%
+₹0 Cr increase
Remaining
₹247 Cr
Budget left
Budget Utilization
4.6%Spent
₹12 Cr
Remaining
₹247 Cr
Total
₹258 Cr
Budget Split
Cost Escalation Analysis
Original Cost
₹258 Cr
Revised Cost
₹258 Cr
Increase
+₹0 Cr
Escalation
+0.1%
Project Timeline
Project Approved
Construction / Implementation
Original End Date
24/03/2028
Revised Completion
24/03/2028
Completed
Project Details
Financial Summary
Project Intelligence
Cost has increased by ₹0 Cr (0.1%) from the original estimate of ₹258 Cr.
Expenditure stands at ₹12 Cr, which is 4.6% of the revised project cost.
Remaining budget: ₹247 Cr. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.
Provision of four bitumen tanks with capacity of 5 TMT each at Visakh Refinery is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹258.00 Cr, later revised to ₹258.34 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.
Frequently Asked Questions
- QWhat is IPM project "Provision of four bitumen tanks with capacity of 5 TMT each at Visakh Refinery"?
- Provision of four bitumen tanks with capacity of 5 TMT each at Visakh 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: Andhra Pradesh. Original cost: ₹258 Cr.
- QWhat is the cost overrun for this Bihar IPM project?
- The original cost was ₹258 Cr and has been revised to ₹258 Cr — a cost overrun of +0.1%. Expenditure to date: ₹12 Cr (4.6% of revised cost). Data as of 2026-08.
- QWhich ministry is responsible for this project?
- Provision of four bitumen tanks with capacity of 5 TMT each is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 619226. 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. Provision of four bitumen tanks with capacity of 5 TMT each is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.