Energy StorageIPM · Central Project +38.7% Overrun#604833

Andheri Residential Towers, Mumbai

Ministry of Petroleum & Natural GasMaharashtraData: 2026-05

Revised Cost: ₹390 CrUtilization: 71.7%Overrun: +₹109 Cr

Original Cost

₹281 Cr

Baseline estimate

+39%

Revised Cost

₹390 Cr

Latest approved cost

Expenditure

₹280 Cr

Spent to date

Utilization

71.7%

Of revised budget

Escalated

Cost Status

+38.7%

+₹109 Cr increase

Remaining

₹110 Cr

Budget left

Budget Utilization

71.7%

0%25%50%75%100%

Spent

₹280 Cr

Remaining

₹110 Cr

Total

₹390 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹281 Cr

Revised Cost

₹390 Cr

Increase

+₹109 Cr

Escalation

+38.7%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

31/05/2025

Revised Completion

30/06/2026

Completed

Project Details

Project Code604833

SectorEnergy Storage

MinistryMinistry of Petroleum & Natural Gas

StateMaharashtra

Data Month2026-05

Financial & Timeline

Original Cost₹281 Cr

Revised Cost₹390 Cr

Expenditure₹280 Cr

Original End Date31/05/2025

Revised Date30/06/2026

Project Intelligence

Cost has increased by ₹109 Cr (38.7%) from the original estimate of ₹281 Cr.

Expenditure stands at ₹280 Cr, which is 71.7% of the revised project cost.

Remaining budget: ₹110 Cr. Project is tracked under the DPIIT Investment Project Monitoring system.

Sector: Energy Storage. Ministry: Ministry of Petroleum & Natural Gas.

Frequently Asked Questions

What is IPM project "Andheri Residential Towers, Mumbai"?: Andheri Residential Towers, Mumbai is a centrally-funded infrastructure project under the Ministry of Petroleum & Natural Gas, tracked through the Investment Project Monitoring (IPM) system. Sector: Energy Storage. State: Maharashtra. Original cost: ₹281 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹281 Cr and has been revised to ₹390 Cr — a cost overrun of +38.7%. Expenditure to date: ₹280 Cr (71.7% of revised cost). Data as of 2026-05.
Which ministry is responsible for this project?: Andheri Residential Towers, Mumbai is under the Ministry of Petroleum & Natural Gas in the Energy Storage sector. Project code: 604833. 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. Andheri Residential Towers, Mumbai is one of several Bihar projects tracked under the Energy Storage sector on the IPM system.

Frequently Asked Questions

What is IPM project "Andheri Residential Towers, Mumbai"?

Andheri Residential Towers, Mumbai is a centrally-funded infrastructure project under the Ministry of Petroleum & Natural Gas, tracked through the Investment Project Monitoring (IPM) system. Sector: Energy Storage. State: Maharashtra. Original cost: ₹281 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹281 Cr and has been revised to ₹390 Cr — a cost overrun of +38.7%. Expenditure to date: ₹280 Cr (71.7% of revised cost). Data as of 2026-05.

Which ministry is responsible for this project?

Andheri Residential Towers, Mumbai is under the Ministry of Petroleum & Natural Gas in the Energy Storage sector. Project code: 604833. 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. Andheri Residential Towers, Mumbai is one of several Bihar projects tracked under the Energy Storage sector on the IPM system.