What is IPM project "Berth No. 2 [previously Berth 3] of HDC Mechanization Project"?

Berth No. 2 [previously Berth 3] of HDC Mechanization Project is a centrally-funded infrastructure project under the Ministry of Ports, Shipping and Waterways, tracked through the Investment Project Monitoring (IPM) system. Sector: Shipping. State: West Bengal. Original cost: ₹298 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹298 Cr and has been revised to ₹298 Cr — a cost overrun of +0.1%. Expenditure to date: ₹480 Cr (160.9% of revised cost). Data as of 2026-02.

Which ministry is responsible for this project?

Berth No. 2 [previously Berth 3] of HDC Mechanization Projec is under the Ministry of Ports, Shipping and Waterways in the Shipping sector. Project code: 701576. 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. Berth No. 2 [previously Berth 3] of HDC Mechanization Projec is one of several Bihar projects tracked under the Shipping sector on the IPM system.

ShippingIPM · Central Project +0.1% overrun#701576

Berth No. 2 [previously Berth 3] of HDC Mechanization Project

Ministry of Ports, Shipping and WaterwaysWest BengalData:

Revised Cost: ₹298 CrUtilization: 160.9%Overrun: +₹0 Cr

Original Cost

₹298 Cr

Baseline estimate

+0% overrun

Revised Cost

₹298 Cr

Latest approved cost

Expenditure

₹480 Cr

Spent to date

Utilization

160.9%

Of revised budget

Escalated

Cost Status

+0.1%

+₹0 Cr increase

Remaining

₹0 Cr

Budget left

Budget Utilization

160.9%

0%25%50%75%100%

Spent

₹480 Cr

Remaining

₹0 Cr

Total

₹298 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹298 Cr

Revised Cost

₹298 Cr

Increase

+₹0 Cr

Escalation

+0.1%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

30/09/2025

Revised Completion

13/01/2026

Completed

Project Details

Project Code701576

SectorShipping

MinistryMinistry of Ports, Shipping and Waterways

StateWest Bengal

Data Month2026-02

Financial Summary

Original Cost₹298 Cr

Revised Cost₹298 Cr

Expenditure₹480 Cr

Original End Date30/09/2025

Revised Date13/01/2026

Project Intelligence

Cost has increased by ₹0 Cr (0.1%) from the original estimate of ₹298 Cr.

Expenditure stands at ₹480 Cr, which is 160.9% of the revised project cost.

Remaining budget: ₹0 Cr. Tracked under the DPIIT Investment Project Monitoring system.

Sector: Shipping. Ministry: Ministry of Ports, Shipping and Waterways.

Frequently Asked Questions

What is IPM project "Berth No. 2 [previously Berth 3] of HDC Mechanization Project"?: Berth No. 2 [previously Berth 3] of HDC Mechanization Project is a centrally-funded infrastructure project under the Ministry of Ports, Shipping and Waterways, tracked through the Investment Project Monitoring (IPM) system. Sector: Shipping. State: West Bengal. Original cost: ₹298 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹298 Cr and has been revised to ₹298 Cr — a cost overrun of +0.1%. Expenditure to date: ₹480 Cr (160.9% of revised cost). Data as of 2026-02.
Which ministry is responsible for this project?: Berth No. 2 [previously Berth 3] of HDC Mechanization Projec is under the Ministry of Ports, Shipping and Waterways in the Shipping sector. Project code: 701576. 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. Berth No. 2 [previously Berth 3] of HDC Mechanization Projec is one of several Bihar projects tracked under the Shipping sector on the IPM system.