Oil & GasIPM · Central Project +8.7% Overrun#709799

Setting up Polypropylene Unit at Kochi Refinery

Ministry of Petroleum & Natural GasKeralaData: 2026-05

Revised Cost: ₹4850 CrUtilization: 17.4%Overrun: +₹390 Cr

Original Cost

₹4460 Cr

Baseline estimate

+9%

Revised Cost

₹4850 Cr

Latest approved cost

Expenditure

₹845 Cr

Spent to date

Utilization

17.4%

Of revised budget

Escalated

Cost Status

+8.7%

+₹390 Cr increase

Remaining

₹4005 Cr

Budget left

Budget Utilization

17.4%

0%25%50%75%100%

Spent

₹845 Cr

Remaining

₹4005 Cr

Total

₹4850 Cr

Budget Split

SpentRemaining

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

31/10/2027

Completed

Project Details

Project Code709799

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateKerala

Data Month2026-05

Financial & Timeline

Original Cost₹4460 Cr

Revised Cost₹4850 Cr

Expenditure₹845 Cr

Original End Date31/10/2027

Revised Date31/10/2027

Project Intelligence

Cost has increased by ₹390 Cr (8.7%) from the original estimate of ₹4460 Cr.

Expenditure stands at ₹845 Cr, which is 17.4% of the revised project cost.

Remaining budget: ₹4005 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 "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.
What 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: ₹845 Cr (17.4% of revised cost). Data as of 2026-05.
Which 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.
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. Setting up Polypropylene Unit at Kochi Refinery is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

Frequently Asked Questions

What 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.

What 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: ₹845 Cr (17.4% of revised cost). Data as of 2026-05.

Which 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.

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. Setting up Polypropylene Unit at Kochi Refinery is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.