What is the cost overrun for this Bihar IPM project?

The original cost of ₹228 Cr has not been significantly revised. Expenditure: ₹86 Cr (37.6% of cost). Data as of 2026-05.

Which ministry is responsible for this project?

Third Ladle Furnace in Secondary Refinery Unit at IISCO Stee is under the Ministry of Steel in the Steel sector. Project code: 617248. 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. Third Ladle Furnace in Secondary Refinery Unit at IISCO Stee is one of several Bihar projects tracked under the Steel sector on the IPM system.

SteelIPM · Central Project#617248

Third Ladle Furnace in Secondary Refinery Unit at IISCO Steel Plant

Ministry of SteelWest BengalData:

Revised Cost: ₹228 CrUtilization: 37.6%

Original Cost

₹228 Cr

Baseline estimate

On budget

Revised Cost

₹228 Cr

Latest approved cost

Expenditure

₹86 Cr

Spent to date

Utilization

37.6%

Of revised budget

Stable

Cost Status

On Budget

No escalation

Remaining

₹142 Cr

Budget left

Budget Utilization

37.6%

0%25%50%75%100%

Spent

₹86 Cr

Remaining

₹142 Cr

Total

₹228 Cr

Budget Split

SpentRemaining

Project Timeline

Project Approved

Construction / Implementation

Original End Date

17/07/2026

Revised Completion

30/11/2026

Completed

Project Details

Project Code617248

SectorSteel

MinistryMinistry of Steel

StateWest Bengal

Data Month2026-05

Financial Summary

Original Cost₹228 Cr

Revised Cost₹228 Cr

Expenditure₹86 Cr

Original End Date17/07/2026

Revised Date30/11/2026

Project Intelligence

Project is within original budget of ₹228 Cr — no cost escalation recorded.

Expenditure stands at ₹86 Cr, which is 37.6% of the revised project cost.

Remaining budget: ₹142 Cr. Tracked under the DPIIT Investment Project Monitoring system.

Sector: Steel. Ministry: Ministry of Steel.

Frequently Asked Questions

What is IPM project "Third Ladle Furnace in Secondary Refinery Unit at IISCO Steel Plant"?: Third Ladle Furnace in Secondary Refinery Unit at IISCO Steel Plant is a centrally-funded infrastructure project under the Ministry of Steel, tracked through the Investment Project Monitoring (IPM) system. Sector: Steel. State: West Bengal. Original cost: ₹228 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost of ₹228 Cr has not been significantly revised. Expenditure: ₹86 Cr (37.6% of cost). Data as of 2026-05.
Which ministry is responsible for this project?: Third Ladle Furnace in Secondary Refinery Unit at IISCO Stee is under the Ministry of Steel in the Steel sector. Project code: 617248. 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. Third Ladle Furnace in Secondary Refinery Unit at IISCO Stee is one of several Bihar projects tracked under the Steel sector on the IPM system.