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IPMD report highlights over 800 delayed infrastructure prjoects
According to a government report, approximately 835 central sector infrastructure projects have been delayed from their original schedules. According to the most recent report published by the Infrastructure and Project Monitoring Division (IPMD), the road, transportation, and highways sector has the highest number of delayed projects in the country.
The IPMD is administered by the Ministry of Statistics and Program Implementation. It keeps track of the progress of projects worth more than Rs 150 crores.
Based on the IPMD December 2022 report, the Road Transport and Highways sector has 428 delayed projects, followed by 117 in Railways, 88 in Petroleum, 36 in coal, 55 in power, 27 in water resources, 4 in Health and Family Welfare, 15 in urban development, 24 in civil aviation, and many others.
The total original cost of these 1,438 projects was Rs 20,35,794.75 crores, with an estimated completion cost of Rs 24,86,069.52 crores. This indicates a cost overrun of Rs 4,50,274.77 crores.
In a statement, the IPMD said, “Out of the 1438 projects, 8 projects are ahead of schedule, 253 are on schedule, 835 are delayed, 343 projects reported cost overrun and 165 projects reported both time and cost overrun with respect to their original project implementation schedules.”
Sectorwise list of few projects having a maximum percentage of Cost Overruns
Road Transport and Highways:
Railways:
Urban Development:
According to the IPMD report, the Muneerabad-Mahaboobnagar rail project is the most delayed by 276 months, followed by the Udhampur-Srinagar-Baramulla rail project (247 months), and the Belapur-Seawood-Urban Electrified Double Line (247 months) (by 228 months).
See also:
343 infra projects witness estimated cost exceeding
Roads and transport experience most delays, says report
According to a government report, approximately 835 central sector infrastructure projects have been delayed from their original schedules. According to the most recent report published by the Infrastructure and Project Monitoring Division (IPMD), the road, transportation, and highways sector has the highest number of delayed projects in the country. The IPMD is administered by the Ministry of Statistics and Program Implementation. It keeps track of the progress of projects worth more than Rs 150 crores. Based on the IPMD December 2022 report, the Road Transport and Highways sector has 428 delayed projects, followed by 117 in Railways, 88 in Petroleum, 36 in coal, 55 in power, 27 in water resources, 4 in Health and Family Welfare, 15 in urban development, 24 in civil aviation, and many others. The total original cost of these 1,438 projects was Rs 20,35,794.75 crores, with an estimated completion cost of Rs 24,86,069.52 crores. This indicates a cost overrun of Rs 4,50,274.77 crores. In a statement, the IPMD said, “Out of the 1438 projects, 8 projects are ahead of schedule, 253 are on schedule, 835 are delayed, 343 projects reported cost overrun and 165 projects reported both time and cost overrun with respect to their original project implementation schedules.” Sectorwise list of few projects having a maximum percentage of Cost Overruns Road Transport and Highways: For laning of Ghaghra Bridge to Varanasi (PKG-II) Four laning of Sultanpur to Varanasi (PKG-I) Construction of eight lane access controlled expressway carriageway from Rajasthan/MP border to JODM Four laning of Solan-Kaithlighat section of NH-22 (Now NH-5) Rehabilitation and Upgradation of existing NH-565 from KM86.057 TO 133.922 of Nagarjuna Sagar Dam T Railways: Lalitpur-Satna-Rewa-Singruli NL Madurai-Tuticorin Via Aruppukkottai Udhampur-Srinagar-Baramulla New BG Line from Byrnihat to Shillong Ramganjmundi-Bhopal Urban Development: Mumbai Metro Line 3 (Colaba-Bandra-SEEPZ) Chennai Metro Rail LTD (Phase 1) Kochi Metro Rail Project Ahmedabad Metro Rail Project Phase 1 Nagpur Metro Rail According to the IPMD report, the Muneerabad-Mahaboobnagar rail project is the most delayed by 276 months, followed by the Udhampur-Srinagar-Baramulla rail project (247 months), and the Belapur-Seawood-Urban Electrified Double Line (247 months) (by 228 months). See also: 343 infra projects witness estimated cost exceeding Roads and transport experience most delays, says report