Rajasthan Refinery Project
Original Cost
₹43.1K Cr
Baseline estimate
Revised Cost
₹79.5K Cr
Latest approved cost
Expenditure
₹70.0K Cr
Spent to date
Utilization
88.1%
Of revised budget
Cost Status
+84.2%
+₹36.3K Cr increase
Remaining
₹9462 Cr
Budget left
Budget Utilization
88.1%Spent
₹70.0K Cr
Remaining
₹9462 Cr
Total
₹79.5K Cr
Budget Split
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
Financial Summary
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. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Energy Storage. Ministry: Ministry of Petroleum & Natural Gas.
Rajasthan Refinery Project is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Energy Storage sector. The original approved cost is ₹43129.00 Cr, later revised to ₹79459.00 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.
Frequently Asked Questions
- QWhat 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.
- QWhat 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.
- QWhich 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.
- 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. Rajasthan Refinery Project is one of several Bihar projects tracked under the Energy Storage sector on the IPM system.