Redevelopment of Sobhasan Complex
Original Cost
₹886 Cr
Baseline estimate
Revised Cost
₹1348 Cr
Latest approved cost
Expenditure
₹1132 Cr
Spent to date
Utilization
84.0%
Of revised budget
Cost Status
+52.1%
+₹462 Cr increase
Remaining
₹216 Cr
Budget left
Budget Utilization
84.0%Spent
₹1132 Cr
Remaining
₹216 Cr
Total
₹1348 Cr
Budget Split
Cost Escalation Analysis
Original Cost
₹886 Cr
Revised Cost
₹1348 Cr
Increase
+₹462 Cr
Escalation
+52.1%
Project Timeline
Project Approved
Construction / Implementation
Original End Date
31/03/2027
Revised Completion
31/03/2027
Completed
Project Details
Financial Summary
Project Intelligence
Cost has increased by ₹462 Cr (52.1%) from the original estimate of ₹886 Cr.
Expenditure stands at ₹1132 Cr, which is 84.0% of the revised project cost.
Remaining budget: ₹216 Cr. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.
Redevelopment of Sobhasan Complex is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹886.00 Cr, later revised to ₹1347.61 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 "Redevelopment of Sobhasan Complex"?
- Redevelopment of Sobhasan Complex 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: ₹886 Cr.
- QWhat is the cost overrun for this Bihar IPM project?
- The original cost was ₹886 Cr and has been revised to ₹1348 Cr — a cost overrun of +52.1%. Expenditure to date: ₹1132 Cr (84.0% of revised cost). Data as of 2026-08.
- QWhich ministry is responsible for this project?
- Redevelopment of Sobhasan Complex is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 400087. 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. Redevelopment of Sobhasan Complex is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.