Energy StorageIPM · Central Project#701269

Construction of 80,000 MT LPG Cavern at Mangalore

Ministry of Petroleum & Natural GasKarnatakaData: 2025-07

Revised Cost: ₹854 CrUtilization: 83.4%

Original Cost

₹854 Cr

Baseline estimate

On Budget

Revised Cost

₹854 Cr

Latest approved cost

Expenditure

₹712 Cr

Spent to date

Utilization

83.4%

Of revised budget

Stable

Cost Status

On Budget

No escalation

Remaining

₹142 Cr

Budget left

Budget Utilization

83.4%

0%25%50%75%100%

Spent

₹712 Cr

Remaining

₹142 Cr

Total

₹854 Cr

Budget Split

SpentRemaining

Project Timeline

Project Approved

Construction / Implementation

Original End Date

19/12/2022

Revised Completion

31/08/2025

Completed

Project Details

Project Code701269

SectorEnergy Storage

MinistryMinistry of Petroleum & Natural Gas

StateKarnataka

Data Month2025-07

Financial & Timeline

Original Cost₹854 Cr

Revised Cost₹854 Cr

Expenditure₹712 Cr

Original End Date19/12/2022

Revised Date31/08/2025

Project Intelligence

Project is within original budget of ₹854 Cr — no cost escalation recorded.

Expenditure stands at ₹712 Cr, which is 83.4% of the revised project cost.

Remaining budget: ₹142 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 "Construction of 80,000 MT LPG Cavern at Mangalore"?: Construction of 80,000 MT LPG Cavern at Mangalore 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: Karnataka. Original cost: ₹854 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost of ₹854 Cr has not been significantly revised. Expenditure: ₹712 Cr (83.4% of cost). Data as of 2025-07.
Which ministry is responsible for this project?: Construction of 80,000 MT LPG Cavern at Mangalore is under the Ministry of Petroleum & Natural Gas in the Energy Storage sector. Project code: 701269. 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. Construction of 80,000 MT LPG Cavern at Mangalore is one of several Bihar projects tracked under the Energy Storage sector on the IPM system.

Frequently Asked Questions

What is IPM project "Construction of 80,000 MT LPG Cavern at Mangalore"?

Construction of 80,000 MT LPG Cavern at Mangalore 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: Karnataka. Original cost: ₹854 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost of ₹854 Cr has not been significantly revised. Expenditure: ₹712 Cr (83.4% of cost). Data as of 2025-07.

Which ministry is responsible for this project?

Construction of 80,000 MT LPG Cavern at Mangalore is under the Ministry of Petroleum & Natural Gas in the Energy Storage sector. Project code: 701269. 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. Construction of 80,000 MT LPG Cavern at Mangalore is one of several Bihar projects tracked under the Energy Storage sector on the IPM system.