National Maritime Heritage Complex [NMHC] Phase-I
Original Cost
₹573 Cr
Baseline estimate
Revised Cost
₹1238 Cr
Latest approved cost
Expenditure
₹674 Cr
Spent to date
Utilization
54.5%
Of revised budget
Cost Status
+116.1%
+₹665 Cr increase
Remaining
₹564 Cr
Budget left
Budget Utilization
54.5%Spent
₹674 Cr
Remaining
₹564 Cr
Total
₹1238 Cr
Budget Split
Cost Escalation Analysis
Original Cost
₹573 Cr
Revised Cost
₹1238 Cr
Increase
+₹665 Cr
Escalation
+116.1%
Project Timeline
Project Approved
Construction / Implementation
Original End Date
15/12/2026
Revised Completion
31/10/2026
Completed
Project Details
Financial Summary
Project Intelligence
Cost has increased by ₹665 Cr (116.1%) from the original estimate of ₹573 Cr.
Expenditure stands at ₹674 Cr, which is 54.5% of the revised project cost.
Remaining budget: ₹564 Cr. Tracked under the DPIIT Investment Project Monitoring system.
Sector: Tourism, Hospitality & Wellness. Ministry: Ministry of Ports, Shipping and Waterways.
National Maritime Heritage Complex [NMHC] Phase-I is a centrally-funded infrastructure project under Ministry of Ports, Shipping and Waterways, in the Tourism, Hospitality & Wellness sector. The original approved cost is ₹573.00 Cr, later revised to ₹1238.05 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 "National Maritime Heritage Complex [NMHC] Phase-I"?
- National Maritime Heritage Complex [NMHC] Phase-I is a centrally-funded infrastructure project under the Ministry of Ports, Shipping and Waterways, tracked through the Investment Project Monitoring (IPM) system. Sector: Tourism, Hospitality & Wellness. State: Gujarat. Original cost: ₹573 Cr.
- QWhat is the cost overrun for this Bihar IPM project?
- The original cost was ₹573 Cr and has been revised to ₹1238 Cr — a cost overrun of +116.1%. Expenditure to date: ₹674 Cr (54.5% of revised cost). Data as of 2026-08.
- QWhich ministry is responsible for this project?
- National Maritime Heritage Complex [NMHC] Phase-I is under the Ministry of Ports, Shipping and Waterways in the Tourism, Hospitality & Wellness sector. Project code: 707215. 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. National Maritime Heritage Complex [NMHC] Phase-I is one of several Bihar projects tracked under the Tourism, Hospitality & Wellness sector on the IPM system.