Around 425 infra projects note cost overruns worth Rs 4.83 lakh cr

24 May 2022 CW Team

According to a report, around 425 infrastructure projects, each entailing a Rs 150 crore or more investment, have been hit by cost overruns of over Rs 4.83 lakh crore.

According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects of Rs 150 crore and above, out of 1,579 projects, 425 projects declared cost overruns, and around 664 projects were delayed.

The ministry's latest report for March 2022 said, the total original cost of execution of the 1,579 projects was Rs 21,95,196.72 crore, and their expected completion cost is likely to be Rs 26,78,365.62 crore, which reflects total cost overruns of Rs 4,83,168.90 crore.

According to the report, the cost incurred on these projects till March 2022 stood at Rs 13,88,760.73 crore, which is 51.85 % of the expected cost of the projects.

However, the number of delayed projects is reduced to 561 if the delay is estimated based on the latest completion schedule.

Further, for 606 projects, neither the year of commissioning nor the tentative gestation period has been notified.

Out of the 664 delayed projects, 124 have been delayed for 13-24 months, 331 projects for 25-60 months, 94 for 1-12 months, 115 projects for 61 months, and more.

In these 664 delayed projects, the average time overrun was 42.41 months.

Reasons for time overruns as informed by various project executing agencies include delay in land acquisition, lack of infrastructure support and linkages, and delay in obtaining forest and environment clearances.

Delay in tendering, ordering, and equipment supply, delay in tie-up for project financing, change in scope, delay in finalisation of detailed engineering, and law and order problems are among the other reasons.

The report also mentioned state-wise lockdowns due to Covid-19 as a reason for the delay in execution of these projects.

It has also been observed that project agencies are not reporting revised cost estimations and commissioning schedules for many projects, which indicates that time and cost overrun figures are under-reported.

Image Source

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

According to a report, around 425 infrastructure projects, each entailing a Rs 150 crore or more investment, have been hit by cost overruns of over Rs 4.83 lakh crore. According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects of Rs 150 crore and above, out of 1,579 projects, 425 projects declared cost overruns, and around 664 projects were delayed. The ministry's latest report for March 2022 said, the total original cost of execution of the 1,579 projects was Rs 21,95,196.72 crore, and their expected completion cost is likely to be Rs 26,78,365.62 crore, which reflects total cost overruns of Rs 4,83,168.90 crore. According to the report, the cost incurred on these projects till March 2022 stood at Rs 13,88,760.73 crore, which is 51.85 % of the expected cost of the projects. However, the number of delayed projects is reduced to 561 if the delay is estimated based on the latest completion schedule. Further, for 606 projects, neither the year of commissioning nor the tentative gestation period has been notified. Out of the 664 delayed projects, 124 have been delayed for 13-24 months, 331 projects for 25-60 months, 94 for 1-12 months, 115 projects for 61 months, and more. In these 664 delayed projects, the average time overrun was 42.41 months. Reasons for time overruns as informed by various project executing agencies include delay in land acquisition, lack of infrastructure support and linkages, and delay in obtaining forest and environment clearances. Delay in tendering, ordering, and equipment supply, delay in tie-up for project financing, change in scope, delay in finalisation of detailed engineering, and law and order problems are among the other reasons. The report also mentioned state-wise lockdowns due to Covid-19 as a reason for the delay in execution of these projects. It has also been observed that project agencies are not reporting revised cost estimations and commissioning schedules for many projects, which indicates that time and cost overrun figures are under-reported. Image Source Also read: 443 infra projects hits cost overruns of Rs 4.45 lakh crore: Report

Infrastructure Transport

12 Jan 2026

Dhalbhumgarh Airport Faces 150-km Rule Hurdle

The issue has resurfaced following a recent statement by Union Civil Aviation Minister Ram Mohan Naidu, who said that under existing aviation policy, a new greenfield airport is generally not permitted within an aerial distance of 150 kilometres of an operational civilian airport. He added, however, that if a formal proposal is submitted, its impact on the existing airport can be examined and relaxations may be considered on a case-by-case basis. While the clarification has revived some hope for Dhalbhumgarh, it has also underlined the scale of the technical challenge facing the project. Unde..

Infrastructure Transport

12 Jan 2026

Stakeholders Seek Parallel Ops For Vizag Airports

With road and metro rail links to Bhogapuram still several years away, stakeholders in north Andhra Pradesh have renewed demands to continue civil operations at INS Dega even after the commissioning of Bhogapuram International Airport. The new airport is expected to begin commercial operations from June. Officials said close to 80 per cent of the airport infrastructure at Bhogapuram, including the terminal building and internal approach roads, has already been completed. However, inadequate external connectivity remains a key concern. Making a case for parallel operations, Andhra Pradesh Air ..

Infrastructure Transport

12 Jan 2026

Govt To Roll Out V2V Tech To Cut Road Crashes

In an effort to curb road accidents, particularly in low-visibility conditions such as dense fog, the government is set to roll out vehicle-to-vehicle (V2V) communication technology that will allow cars to exchange real-time data and alert drivers to potential dangers. The announcement was made by Union Road Transport and Highways Minister Nitin Gadkari after the 43rd meeting of the Transport Development Council. The technology involves installing an on-board unit (OBU) in vehicles, enabling wireless data exchange between nearby cars. This will allow vehicles to share information such as spee..