Oil & GasIPM · Central Project +8.1% Overrun#709774

Revamping/ Augmentation of facilities at existing port terminal at Mangalore

Ministry of Petroleum & Natural GasKarnatakaData: 2026-05

Revised Cost: ₹501 CrUtilization: 63.6%Overrun: +₹38 Cr

Original Cost

₹463 Cr

Baseline estimate

+8%

Revised Cost

₹501 Cr

Latest approved cost

Expenditure

₹318 Cr

Spent to date

Utilization

63.6%

Of revised budget

Escalated

Cost Status

+8.1%

+₹38 Cr increase

Remaining

₹182 Cr

Budget left

Budget Utilization

63.6%

0%25%50%75%100%

Spent

₹318 Cr

Remaining

₹182 Cr

Total

₹501 Cr

Budget Split

SpentRemaining

Cost Escalation Analysis

Original Cost

₹463 Cr

Revised Cost

₹501 Cr

Increase

+₹38 Cr

Escalation

+8.1%

Project Timeline

Project Approved

Construction / Implementation

Original End Date

31/12/2025

Revised Completion

30/06/2027

Completed

Project Details

Project Code709774

SectorOil & Gas

MinistryMinistry of Petroleum & Natural Gas

StateKarnataka

Data Month2026-05

Financial & Timeline

Original Cost₹463 Cr

Revised Cost₹501 Cr

Expenditure₹318 Cr

Original End Date31/12/2025

Revised Date30/06/2027

Project Intelligence

Cost has increased by ₹38 Cr (8.1%) from the original estimate of ₹463 Cr.

Expenditure stands at ₹318 Cr, which is 63.6% of the revised project cost.

Remaining budget: ₹182 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 "Revamping/ Augmentation of facilities at existing port terminal at Mangalore"?: Revamping/ Augmentation of facilities at existing port terminal at Mangalore 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: Karnataka. Original cost: ₹463 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost was ₹463 Cr and has been revised to ₹501 Cr — a cost overrun of +8.1%. Expenditure to date: ₹318 Cr (63.6% of revised cost). Data as of 2026-05.
Which ministry is responsible for this project?: Revamping/ Augmentation of facilities at existing port termi is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709774. 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. Revamping/ Augmentation of facilities at existing port termi is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.

Frequently Asked Questions

What is IPM project "Revamping/ Augmentation of facilities at existing port terminal at Mangalore"?

Revamping/ Augmentation of facilities at existing port terminal at Mangalore 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: Karnataka. Original cost: ₹463 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost was ₹463 Cr and has been revised to ₹501 Cr — a cost overrun of +8.1%. Expenditure to date: ₹318 Cr (63.6% of revised cost). Data as of 2026-05.

Which ministry is responsible for this project?

Revamping/ Augmentation of facilities at existing port termi is under the Ministry of Petroleum & Natural Gas in the Oil & Gas sector. Project code: 709774. 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. Revamping/ Augmentation of facilities at existing port termi is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.