ShippingIPM · Central Project +125.8% Overrun#701568

Construction of oil jetty No.8 at old kandla through internal resources

Ministry of Ports, Shipping and WaterwaysGujaratData: 2026-02

Revised Cost: ₹226 CrUtilization: 82.6%Overrun: +₹126 Cr

Original Cost

₹100 Cr

Baseline estimate

+126%

Revised Cost

₹226 Cr

Latest approved cost

Expenditure

₹186 Cr

Spent to date

Utilization

82.6%

Of revised budget

Escalated

Cost Status

+125.8%

+₹126 Cr increase

Remaining

₹39 Cr

Budget left

Budget Utilization

82.6%

0%25%50%75%100%

Spent

₹186 Cr

Remaining

₹39 Cr

Total

₹226 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹100 Cr

Revised Cost

₹226 Cr

Increase

+₹126 Cr

Escalation

+125.8%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

03/02/2023

Revised Completion

31/07/2024

Completed

Project Details

Project Code701568

SectorShipping

MinistryMinistry of Ports, Shipping and Waterways

StateGujarat

Data Month2026-02

Financial & Timeline

Original Cost₹100 Cr

Revised Cost₹226 Cr

Expenditure₹186 Cr

Original End Date03/02/2023

Revised Date31/07/2024

Project Intelligence

Cost has increased by ₹126 Cr (125.8%) from the original estimate of ₹100 Cr.

Expenditure stands at ₹186 Cr, which is 82.6% of the revised project cost.

Remaining budget: ₹39 Cr. Project is tracked under the DPIIT Investment Project Monitoring system.

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

Frequently Asked Questions

What is IPM project "Construction of oil jetty No.8 at old kandla through internal resources"?: Construction of oil jetty No.8 at old kandla through internal resources 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: Gujarat. Original cost: ₹100 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹100 Cr and has been revised to ₹226 Cr — a cost overrun of +125.8%. Expenditure to date: ₹186 Cr (82.6% of revised cost). Data as of 2026-02.
Which ministry is responsible for this project?: Construction of oil jetty No.8 at old kandla through interna is under the Ministry of Ports, Shipping and Waterways in the Shipping sector. Project code: 701568. 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 oil jetty No.8 at old kandla through interna is one of several Bihar projects tracked under the Shipping sector on the IPM system.

Frequently Asked Questions

What is IPM project "Construction of oil jetty No.8 at old kandla through internal resources"?

Construction of oil jetty No.8 at old kandla through internal resources 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: Gujarat. Original cost: ₹100 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹100 Cr and has been revised to ₹226 Cr — a cost overrun of +125.8%. Expenditure to date: ₹186 Cr (82.6% of revised cost). Data as of 2026-02.

Which ministry is responsible for this project?

Construction of oil jetty No.8 at old kandla through interna is under the Ministry of Ports, Shipping and Waterways in the Shipping sector. Project code: 701568. 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 oil jetty No.8 at old kandla through interna is one of several Bihar projects tracked under the Shipping sector on the IPM system.