ShippingIPM · Central Project#701586

Setting up of a Floating Storage and Regasification Unit [FSRU] - Mumbai

Ministry of Ports, Shipping and WaterwaysMaharashtraData: 2026-03

Revised Cost: ₹900 CrUtilization: 7.2%

Original Cost

₹900 Cr

Baseline estimate

On Budget

Revised Cost

₹900 Cr

Latest approved cost

Expenditure

₹65 Cr

Spent to date

Utilization

7.2%

Of revised budget

Stable

Cost Status

On Budget

No escalation

Remaining

₹835 Cr

Budget left

Budget Utilization

7.2%

0%25%50%75%100%

Spent

₹65 Cr

Remaining

₹835 Cr

Total

₹900 Cr

Budget Split

SpentRemaining

Project Timeline

Project Approved

Construction / Implementation

Original End Date

11/11/2026

Revised Completion

11/11/2026

Completed

Project Details

Project Code701586

SectorShipping

MinistryMinistry of Ports, Shipping and Waterways

StateMaharashtra

Data Month2026-03

Financial & Timeline

Original Cost₹900 Cr

Revised Cost₹900 Cr

Expenditure₹65 Cr

Original End Date11/11/2026

Revised Date11/11/2026

Project Intelligence

Project is within original budget of ₹900 Cr — no cost escalation recorded.

Expenditure stands at ₹65 Cr, which is 7.2% of the revised project cost.

Remaining budget: ₹835 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 "Setting up of a Floating Storage and Regasification Unit [FSRU] - Mumbai"?: Setting up of a Floating Storage and Regasification Unit [FSRU] - Mumbai 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: Maharashtra. Original cost: ₹900 Cr.
What is the cost overrun for this Bihar IPM project?: The original cost of ₹900 Cr has not been significantly revised. Expenditure: ₹65 Cr (7.2% of cost). Data as of 2026-03.
Which ministry is responsible for this project?: Setting up of a Floating Storage and Regasification Unit [FS is under the Ministry of Ports, Shipping and Waterways in the Shipping sector. Project code: 701586. 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. Setting up of a Floating Storage and Regasification Unit [FS is one of several Bihar projects tracked under the Shipping sector on the IPM system.

Frequently Asked Questions

What is IPM project "Setting up of a Floating Storage and Regasification Unit [FSRU] - Mumbai"?

Setting up of a Floating Storage and Regasification Unit [FSRU] - Mumbai 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: Maharashtra. Original cost: ₹900 Cr.

What is the cost overrun for this Bihar IPM project?

The original cost of ₹900 Cr has not been significantly revised. Expenditure: ₹65 Cr (7.2% of cost). Data as of 2026-03.

Which ministry is responsible for this project?

Setting up of a Floating Storage and Regasification Unit [FS is under the Ministry of Ports, Shipping and Waterways in the Shipping sector. Project code: 701586. 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. Setting up of a Floating Storage and Regasification Unit [FS is one of several Bihar projects tracked under the Shipping sector on the IPM system.