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

Revamping/ Augmentation of facilities at existing port terminal at Mangalore

Ministry of Petroleum & Natural GasKarnataka
Revised Cost: ₹501 CrUtilization: 66.3%Overrun: +₹38 Cr

Original Cost

₹463 Cr

Baseline estimate

+8% overrun

Revised Cost

₹501 Cr

Latest approved cost

Expenditure

₹332 Cr

Spent to date

Utilization

66.3%

Of revised budget

Escalated

Cost Status

+8.1%

+₹38 Cr increase

Remaining

₹168 Cr

Budget left

Budget Utilization

66.3%
0%25%50%75%100%

Spent

₹332 Cr

Remaining

₹168 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 Month2026-08

Financial Summary

Original Cost₹463 Cr
Revised Cost₹501 Cr
Expenditure₹332 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 ₹332 Cr, which is 66.3% of the revised project cost.

Remaining budget: ₹168 Cr. Tracked under the DPIIT Investment Project Monitoring system.

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

Revamping/ Augmentation of facilities at existing port terminal at Mangalore is a centrally-funded infrastructure project under Ministry of Petroleum & Natural Gas, in the Oil & Gas sector. The original approved cost is ₹463.00 Cr, later revised to ₹500.62 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.

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Frequently Asked Questions

QWhat 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.
QWhat 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: ₹332 Cr (66.3% of revised cost). Data as of 2026-08.
QWhich 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.
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. Revamping/ Augmentation of facilities at existing port termi is one of several Bihar projects tracked under the Oil & Gas sector on the IPM system.