Construction of oil jetty No.8 at old kandla through internal resources
Original Cost
₹100 Cr
Baseline estimate
Revised Cost
₹226 Cr
Latest approved cost
Expenditure
₹186 Cr
Spent to date
Utilization
82.6%
Of revised budget
Cost Status
+125.8%
+₹126 Cr increase
Remaining
₹39 Cr
Budget left
Budget Utilization
82.6%Spent
₹186 Cr
Remaining
₹39 Cr
Total
₹226 Cr
Budget Split
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
Financial Summary
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. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Shipping. Ministry: Ministry of Ports, Shipping and Waterways.
Construction of oil jetty No.8 at old kandla through internal resources is a centrally-funded infrastructure project under Ministry of Ports, Shipping and Waterways, in the Shipping sector. The original approved cost is ₹100.00 Cr, later revised to ₹225.85 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 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.
- QWhat 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.
- QWhich 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.
- 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 oil jetty No.8 at old kandla through interna is one of several Bihar projects tracked under the Shipping sector on the IPM system.