Delays lead to cost overruns of Rs 4.58 trillion in 380 infra projects

24 Nov 2022 CW Team

As many as 380 infrastructure projects, each entailing an investment of Rs 1.5 billion or more, have been hit by cost overruns of more than Rs 4.58 trillion, as per a report. According to the Ministry of Statistics and Programme Implementation, which monitors infrastructure projects worth Rs 1.5 billion or more, 380 of 1,521 projects had cost overruns, and 642 were delayed.

Total original cost of implementation of the 1,521 projects was Rs 21.18 trillion and their anticipated completion cost is likely to be Rs 25.76 trillion, which reflects overall cost overruns of Rs 4.58 trillion (21.63 per cent of original cost), the ministry's latest report for October 2022 said.

According to the report, the expenditure on these projects up to October 2022 was Rs 13.90 trillion, or 53.95 percent of the projected cost.

However, if the number of delayed projects is calculated using the most recent completion schedule, the number of delayed projects drops to 513.

Furthermore, it revealed that neither the year of commissioning nor the tentative gestation period for 620 projects had been reported.

Also Read
Doosan rolls out next-gen, -7 Series wheel excavators
IRSEE officer Vinit Kumar takes over as KVIC chief exec

Infrastructure Urban

29 Oct 2025

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..