Energy StorageIPM · Central Project +84.2% Overrun#701263

Rajasthan Refinery Project

Ministry of Petroleum & Natural GasRajasthanData: 2026-05

Revised Cost: ₹79.5K CrUtilization: 88.1%Overrun: +₹36.3K Cr

Original Cost

₹43.1K Cr

Baseline estimate

+84%

Revised Cost

₹79.5K Cr

Latest approved cost

Expenditure

₹70.0K Cr

Spent to date

Utilization

88.1%

Of revised budget

Escalated

Cost Status

+84.2%

+₹36.3K Cr increase

Remaining

₹9462 Cr

Budget left

Budget Utilization

88.1%

0%25%50%75%100%

Spent

₹70.0K Cr

Remaining

₹9462 Cr

Total

₹79.5K Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹43.1K Cr

Revised Cost

₹79.5K Cr

Increase

+₹36.3K Cr

Escalation

+84.2%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

31/10/2022

Revised Completion

30/06/2026

Completed

Project Details

Project Code701263

SectorEnergy Storage

MinistryMinistry of Petroleum & Natural Gas

StateRajasthan

Data Month2026-05

Financial & Timeline

Original Cost₹43.1K Cr

Revised Cost₹79.5K Cr

Expenditure₹70.0K Cr

Original End Date31/10/2022

Revised Date30/06/2026

Project Intelligence

Mega infrastructure project worth ₹79.5K Cr — among the largest central projects in Rajasthan.

Cost has increased by ₹36.3K Cr (84.2%) from the original estimate of ₹43.1K Cr.

Expenditure stands at ₹70.0K Cr, which is 88.1% of the revised project cost.

Remaining budget: ₹9462 Cr. Project is tracked under the DPIIT Investment Project Monitoring system.

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

Frequently Asked Questions

What is IPM project "Rajasthan Refinery Project"?: Rajasthan Refinery Project 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: Rajasthan. Original cost: ₹43129 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹43129 Cr and has been revised to ₹79459 Cr — a cost overrun of +84.2%. Expenditure to date: ₹69997 Cr (88.1% of revised cost). Data as of 2026-05.
Which ministry is responsible for this project?: Rajasthan Refinery Project is under the Ministry of Petroleum & Natural Gas in the Energy Storage sector. Project code: 701263. 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. Rajasthan Refinery Project is one of several Bihar projects tracked under the Energy Storage sector on the IPM system.

Frequently Asked Questions

What is IPM project "Rajasthan Refinery Project"?

Rajasthan Refinery Project 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: Rajasthan. Original cost: ₹43129 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹43129 Cr and has been revised to ₹79459 Cr — a cost overrun of +84.2%. Expenditure to date: ₹69997 Cr (88.1% of revised cost). Data as of 2026-05.

Which ministry is responsible for this project?

Rajasthan Refinery Project is under the Ministry of Petroleum & Natural Gas in the Energy Storage sector. Project code: 701263. 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. Rajasthan Refinery Project is one of several Bihar projects tracked under the Energy Storage sector on the IPM system.