Setting up Polypropylene Unit at Kochi Refinery
Original Cost
₹4460 Cr
Baseline estimate
Revised Cost
₹4850 Cr
Latest approved cost
Expenditure
₹1078 Cr
Spent to date
Utilization
22.2%
Of revised budget
Cost Status
+8.7%
+₹390 Cr increase
Remaining
₹3773 Cr
Budget left
Budget Utilization
22.2%Spent
₹1078 Cr
Remaining
₹3773 Cr
Total
₹4850 Cr
Budget Split
Cost Escalation Analysis
Original Cost
₹4460 Cr
Revised Cost
₹4850 Cr
Increase
+₹390 Cr
Escalation
+8.7%
Project Timeline
Project Approved
Construction / Implementation
Original End Date
31/10/2027
Revised Completion
30/11/2027
Completed
Project Details
Financial Summary
Project Intelligence
Cost has increased by ₹390 Cr (8.7%) from the original estimate of ₹4460 Cr.
Expenditure stands at ₹1078 Cr, which is 22.2% of the revised project cost.
Remaining budget: ₹3773 Cr. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.
Setting up Polypropylene Unit at Kochi Refinery is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹4460.00 Cr, later revised to ₹4850.00 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 "Setting up Polypropylene Unit at Kochi Refinery"?
- Setting up Polypropylene Unit at Kochi 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: Kerala. Original cost: ₹4460 Cr.
- QWhat is the cost overrun for this Bihar IPM project?
- The original cost was ₹4460 Cr and has been revised to ₹4850 Cr — a cost overrun of +8.7%. Expenditure to date: ₹1078 Cr (22.2% of revised cost). Data as of 2026-08.
- QWhich ministry is responsible for this project?
- Setting up Polypropylene Unit at Kochi Refinery is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709799. 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. Setting up Polypropylene Unit at Kochi Refinery is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.