443 infra projects hits cost overruns of Rs 4.45 lakh crore: Report

01 Mar 2022 CW Team

A government report revealed that 443 infrastructure projects, with the cost of investment of over Rs 150 crore, have been hit by cost overruns totalling over Rs 4.45 lakh crore.

The Ministry of Statistics and Programme Implementation (MOSPI) monitors infrastructure projects of Rs 150 crore and above.

As per the report, till January 2022, expenditure incurred on these projects stood at Rs 13,16,293.63 crore or 48.76% of the estimated project cost.

From 1,671 such projects, 514 projects were delayed, and 443 reported cost overruns.

However, the number of delayed projects reduces to 381, based on the latest completion schedule.

Moreover, for 881 projects, neither the year of commissioning nor the tentative gestation period has been declared.

Out of the 514 delayed projects, 89 have a total delay of one to two months, 113 are delayed for 13-24 months, 204 for 25-60 months, and 108 projects have been delayed for over 61 months.

Overall estimated time overrun in these 514 delayed projects is 46.23 months.

Various agencies executing these projects notified reasons for time overrun, such as delay in land acquisition, delay in getting environment approvals, and shortage of infrastructure linkages and support.

Additional reasons include finalisation detail engineering delay, change in scope, law and order issues, and many other reasons.

According to the report, the state-wise lockdown due to the Covid-19 pandemic was one of the reasons for the delay.

It also mentioned that project agencies are not reporting revised cost estimates and schedule commissioning for various projects, which shows that time/cost overrun figures are under-reported.

Image Source

Also read: 445 infra projects hits cost overrun of Rs 4.4 lakh crore

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..