Oil & GasIPM · Central Project +0.1% Overrun#619226

Provision of four bitumen tanks with capacity of 5 TMT each at Visakh Refinery

Ministry of Petroleum & Natural GasAndhra PradeshData: 2026-05

Revised Cost: ₹258 CrUtilization: 1.8%Overrun: +₹0 Cr

Original Cost

₹258 Cr

Baseline estimate

+0%

Revised Cost

₹258 Cr

Latest approved cost

Expenditure

₹5 Cr

Spent to date

Utilization

1.8%

Of revised budget

Escalated

Cost Status

+0.1%

+₹0 Cr increase

Remaining

₹254 Cr

Budget left

Budget Utilization

1.8%

0%25%50%75%100%

Spent

₹5 Cr

Remaining

₹254 Cr

Total

₹258 Cr

Budget Split

SpentRemaining

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

Project Code619226

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateAndhra Pradesh

Data Month2026-05

Financial & Timeline

Original Cost₹258 Cr

Revised Cost₹258 Cr

Expenditure₹5 Cr

Original End Date24/03/2028

Revised Date24/03/2028

Project Intelligence

Cost has increased by ₹0 Cr (0.1%) from the original estimate of ₹258 Cr.

Expenditure stands at ₹5 Cr, which is 1.8% of the revised project cost.

Remaining budget: ₹254 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 "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.
What 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: ₹5 Cr (1.8% of revised cost). Data as of 2026-05.
Which 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.
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. 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.

Frequently Asked Questions

What 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.

What 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: ₹5 Cr (1.8% of revised cost). Data as of 2026-05.

Which 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.

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. 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.