+
Infrastructure Projects See Cost Overrun Of Rs Three Point Four Trillion
ECONOMY & POLICY

Infrastructure Projects See Cost Overrun Of Rs Three Point Four Trillion

The Ministry of Statistics and Programme Implementation (MoSPI) reported a cost overrun of Rs three point four trillion (tn) across ongoing infrastructure projects, based on revised estimates and progress data. The portfolio comprises 1,775 projects, including 735 Mega projects and 1,040 Major projects, with original costs of Rs 28.77 tn and Rs 4.93 tn respectively. Physical and financial progress broadly move in tandem, with many projects in the initial zero to 20 per cent and advanced 81 to 100 per cent stages.

Transport and Logistics leads with 1,246 projects and revised estimates of Rs 19.81 tn, reflecting emphasis on connectivity. The Ministry of Road Transport and Highways implements 993 projects and accounts for Rs 9.62 tn of revised cost, while the Ministry of Railways implements 190 projects with Rs 6.38 tn in revised estimates. This concentration underlines the central role of roads and rail in the national pipeline.

Other departments implement varied portfolios. The Ministry of Coal runs 121 projects with Rs 2.22 tn in revised costs, while Petroleum and Natural Gas, Power, Housing and Urban Affairs, and Water Resources implement 103, 98, 50 and 38 projects with revised costs of Rs 4.23 tn, Rs 6.08 tn, Rs 3.78 tn and Rs 2.01 tn respectively. The remaining 182 projects total Rs 2.78 tn across several ministries.

By sector, Transport and Logistics represents 53 per cent of revised cost and 70 per cent of projects, while Energy accounts for Rs 10.66 tn across 205 projects or 29 per cent of the aggregated cost. Communication infrastructure totals Rs 1.34 tn across 31 projects and water and sanitation account for Rs 2.05 tn across 53 projects. Social and commercial infrastructure and projects classified as Others reflect targeted and diversified investments.

Physical progress exceeds financial progress in the advanced completion band, while financial progress is relatively higher in early stages because of upfront expenditure. Projects classified under Others amount to Rs 2.26 tn across 149 projects, indicating diversification into coal, steel and mining related works. Continued monitoring of timelines and costs will be essential to manage overruns and steer projects to completion.

The Ministry of Statistics and Programme Implementation (MoSPI) reported a cost overrun of Rs three point four trillion (tn) across ongoing infrastructure projects, based on revised estimates and progress data. The portfolio comprises 1,775 projects, including 735 Mega projects and 1,040 Major projects, with original costs of Rs 28.77 tn and Rs 4.93 tn respectively. Physical and financial progress broadly move in tandem, with many projects in the initial zero to 20 per cent and advanced 81 to 100 per cent stages. Transport and Logistics leads with 1,246 projects and revised estimates of Rs 19.81 tn, reflecting emphasis on connectivity. The Ministry of Road Transport and Highways implements 993 projects and accounts for Rs 9.62 tn of revised cost, while the Ministry of Railways implements 190 projects with Rs 6.38 tn in revised estimates. This concentration underlines the central role of roads and rail in the national pipeline. Other departments implement varied portfolios. The Ministry of Coal runs 121 projects with Rs 2.22 tn in revised costs, while Petroleum and Natural Gas, Power, Housing and Urban Affairs, and Water Resources implement 103, 98, 50 and 38 projects with revised costs of Rs 4.23 tn, Rs 6.08 tn, Rs 3.78 tn and Rs 2.01 tn respectively. The remaining 182 projects total Rs 2.78 tn across several ministries. By sector, Transport and Logistics represents 53 per cent of revised cost and 70 per cent of projects, while Energy accounts for Rs 10.66 tn across 205 projects or 29 per cent of the aggregated cost. Communication infrastructure totals Rs 1.34 tn across 31 projects and water and sanitation account for Rs 2.05 tn across 53 projects. Social and commercial infrastructure and projects classified as Others reflect targeted and diversified investments. Physical progress exceeds financial progress in the advanced completion band, while financial progress is relatively higher in early stages because of upfront expenditure. Projects classified under Others amount to Rs 2.26 tn across 149 projects, indicating diversification into coal, steel and mining related works. Continued monitoring of timelines and costs will be essential to manage overruns and steer projects to completion.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

MMRDA Targets Completion of Projects by December 2028

The Mumbai Metropolitan Region Development Authority (MMRDA) is targeting the completion of all its ongoing infrastructure projects by December 2028, a year ahead of its December 2029 deadline, Metropolitan Commissioner Dr Sanjay Mukherjee has said.Speaking at the sixth edition of the Real Estate & Infrastructure Investors' Summit (REIIS) 2026 in Mumbai, Mukherjee said the authority was developing an integrated network of roads, tunnels, sea links and Metro corridors under its broader vision of “Mumbai in 59 Minutes”.The objective is to improve east-west and north-south connectivity an..

Next Story
Building Material

High-Performance Façades Gain Ground in Indian Buildings

High-performance façades are gaining greater importance in Indian architecture as developers and architects increasingly focus on energy efficiency, thermal comfort and building performance, according to Shankar Fenestrations & Glasses.The company said modern façade systems are increasingly being considered as part of a building's overall performance strategy rather than being used primarily as aesthetic elements.High-performance glass, curtain wall systems and structural glazing can contribute to thermal regulation, solar control, daylight management and indoor comfort. Their growing ad..

Next Story
Technology

SPML Infra's 104.4 kWh BESS Battery Pack Clears Global Tests

SPML Infra has announced that its proprietary 104.4 kWh Battery Energy Storage System (BESS) battery pack has completed key international safety, performance and transportation testing and certification requirements, marking a step towards its commercial deployment.Developed under the company's own intellectual property, the battery pack has completed requirements under UL9540A, IEC 62619, IEC 63056, IEC 60730, IEC 61000-6-2, IEC 61000-6-4 and UN38.3 standards.The testing covers areas including thermal runaway safety, battery performance, system functional safety, electromagnetic compatibility..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code