Construction of 80,000 MT LPG Cavern at Mangalore
Original Cost
₹854 Cr
Baseline estimate
Revised Cost
₹854 Cr
Latest approved cost
Expenditure
₹712 Cr
Spent to date
Utilization
83.4%
Of revised budget
Cost Status
On Budget
No escalation
Remaining
₹142 Cr
Budget left
Budget Utilization
83.4%Spent
₹712 Cr
Remaining
₹142 Cr
Total
₹854 Cr
Budget Split
Project Timeline
Project Approved
Construction / Implementation
Original End Date
19/12/2022
Revised Completion
31/08/2025
Completed
Project Details
Financial Summary
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. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Energy Storage. Ministry: Ministry of Petroleum & Natural Gas.
Construction of 80,000 MT LPG Cavern at Mangalore is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Energy Storage sector. The original approved cost is ₹854.00 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 "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.
- QWhat 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.
- QWhich 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.
- 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. 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.