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  3. /Construction of Additional Tankages and Allied Fac
Oil & GasIPM · Central Project +27.9% Overrun#709780

Construction of Additional Tankages and Allied Facilities at JNPT Terminal

Ministry of Petroleum & Natural GasMaharashtraData: 2026-05
Revised Cost: ₹436 CrUtilization: 69.9%Overrun: +₹95 Cr

Original Cost

₹341 Cr

Baseline estimate

+28%

Revised Cost

₹436 Cr

Latest approved cost

Expenditure

₹305 Cr

Spent to date

Utilization

69.9%

Of revised budget

Escalated

Cost Status

+27.9%

+₹95 Cr increase

Remaining

₹131 Cr

Budget left

Budget Utilization

69.9%
0%25%50%75%100%

Spent

₹305 Cr

Remaining

₹131 Cr

Total

₹436 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹341 Cr

Revised Cost

₹436 Cr

Increase

+₹95 Cr

Escalation

+27.9%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

31/08/2026

Revised Completion

31/08/2026

Completed

Project Details

Project Code709780
SectorOil & Gas
MinistryMinistry of Petroleum & Natural Gas
StateMaharashtra
Data Month2026-05

Financial & Timeline

Original Cost₹341 Cr
Revised Cost₹436 Cr
Expenditure₹305 Cr
Original End Date31/08/2026
Revised Date31/08/2026

Project Intelligence

Cost has increased by ₹95 Cr (27.9%) from the original estimate of ₹341 Cr.

Expenditure stands at ₹305 Cr, which is 69.9% of the revised project cost.

Remaining budget: ₹131 Cr. Project is tracked under the DPIIT Investment Project Monitoring system.

Sector: Oil & Gas. Ministry: Ministry of Petroleum & Natural Gas.

Frequently Asked Questions

What is IPM project "Construction of Additional Tankages and Allied Facilities at JNPT Terminal"?
Construction of Additional Tankages and Allied Facilities at JNPT Terminal is a centrally-funded infrastructure project under the Ministry of Petroleum & Natural Gas, tracked through the Investment Project Monitoring (IPM) system. Sector: Oil & Gas. State: Maharashtra. Original cost: ₹341 Cr.
What is the cost overrun for this Bihar IPM project?
The original cost was ₹341 Cr and has been revised to ₹436 Cr — a cost overrun of +27.9%. Expenditure to date: ₹305 Cr (69.9% of revised cost). Data as of 2026-05.
Which ministry is responsible for this project?
Construction of Additional Tankages and Allied Facilities at is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709780. 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 Additional Tankages and Allied Facilities at is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

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