What is IPM project "Siliguri Marketing Terminal [SMT] Capacity Augmentation Project"?

Siliguri Marketing Terminal [SMT] Capacity Augmentation Project 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: West Bengal. Original cost: ₹484 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost of ₹484 Cr has not been significantly revised. Expenditure: ₹311 Cr (64.3% of cost). Data as of 2026-05.

Which ministry is responsible for this project?

Siliguri Marketing Terminal [SMT] Capacity Augmentation Proj is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 617837. 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. Siliguri Marketing Terminal [SMT] Capacity Augmentation Proj is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

Oil & GasIPM · Central Project#617837

Siliguri Marketing Terminal [SMT] Capacity Augmentation Project

Ministry of Petroleum & Natural GasWest BengalData:

Revised Cost: ₹484 CrUtilization: 64.3%

Original Cost

₹484 Cr

Baseline estimate

On budget

Revised Cost

₹484 Cr

Latest approved cost

Expenditure

₹311 Cr

Spent to date

Utilization

64.3%

Of revised budget

Stable

Cost Status

On Budget

No escalation

Remaining

₹173 Cr

Budget left

Budget Utilization

64.3%

0%25%50%75%100%

Spent

₹311 Cr

Remaining

₹173 Cr

Total

₹484 Cr

Budget Split

SpentRemaining

Project Timeline

Project Approved

Construction / Implementation

Original End Date

31/12/2025

Revised Completion

31/10/2026

Completed

Project Details

Project Code617837

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateWest Bengal

Data Month2026-05

Financial Summary

Original Cost₹484 Cr

Revised Cost₹484 Cr

Expenditure₹311 Cr

Original End Date31/12/2025

Revised Date31/10/2026

Project Intelligence

Project is within original budget of ₹484 Cr — no cost escalation recorded.

Expenditure stands at ₹311 Cr, which is 64.3% of the revised project cost.

Remaining budget: ₹173 Cr. Tracked under the DPIIT Investment Project Monitoring system.

Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.

Frequently Asked Questions

What is IPM project "Siliguri Marketing Terminal [SMT] Capacity Augmentation Project"?: Siliguri Marketing Terminal [SMT] Capacity Augmentation Project 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: West Bengal. Original cost: ₹484 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost of ₹484 Cr has not been significantly revised. Expenditure: ₹311 Cr (64.3% of cost). Data as of 2026-05.
Which ministry is responsible for this project?: Siliguri Marketing Terminal [SMT] Capacity Augmentation Proj is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 617837. 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. Siliguri Marketing Terminal [SMT] Capacity Augmentation Proj is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.