Energy StorageIPM · Central Project +38.7% overrun#604833

Andheri Residential Towers, Mumbai

Ministry of Petroleum & Natural GasMaharashtra
Revised Cost: ₹390 CrUtilization: 75.7%Overrun: +₹109 Cr

Original Cost

₹281 Cr

Baseline estimate

+39% overrun

Revised Cost

₹390 Cr

Latest approved cost

Expenditure

₹295 Cr

Spent to date

Utilization

75.7%

Of revised budget

Escalated

Cost Status

+38.7%

+₹109 Cr increase

Remaining

₹95 Cr

Budget left

Budget Utilization

75.7%
0%25%50%75%100%

Spent

₹295 Cr

Remaining

₹95 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

30/06/2027

Completed

Project Details

Project Code604833
SectorEnergy Storage
MinistryMinistry of Petroleum & Natural Gas
StateMaharashtra
Data Month2026-08

Financial Summary

Original Cost₹281 Cr
Revised Cost₹390 Cr
Expenditure₹295 Cr
Original End Date31/05/2025
Revised Date30/06/2027

Project Intelligence

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

Expenditure stands at ₹295 Cr, which is 75.7% of the revised project cost.

Remaining budget: ₹95 Cr. Tracked under the DPIIT Investment Project Monitoring system.

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

Andheri Residential Towers, Mumbai is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Energy Storage sector. The original approved cost is ₹281.00 Cr, later revised to ₹389.67 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 "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.
QWhat 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: ₹295 Cr (75.7% of revised cost). Data as of 2026-08.
QWhich 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.
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. Andheri Residential Towers, Mumbai is one of several Bihar projects tracked under the Energy Storage sector on the IPM system.