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401 infra projects show cost overruns of Rs 4.02 trillion: Govt report

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above

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Out of 552 delayed projects, 168 have overall delay in the range of 1 to 12 months, 125 with delay in the range of 13 to 24 months, 145 projects reflect delay in the range of 25 to 60 months and 114 projects show delay of 61 months and above.

Press Trust of India New Delhi

2 min read Last Updated : Jul 19 2020 | 11:34 AM IST

As many as 401 infrastructure projects, each worth Rs 150 crore or more, have been hit by cost overruns of over Rs 4.02 trillion owing to delays and other reasons, according to a report.

The Ministry of Statistics and Programme Implementation monitors infrastructure projects worth Rs 150 crore and above.

Of the 1,692 such projects, 401 projects reported cost overruns and 552 projects time escalation.

"Total original cost of implementation of the 1,692 projects was Rs 20,75,212.70 crore and their anticipated completion cost is likely to be Rs 24,78,016.45 crore, which reflects overall cost overruns of Rs 4,02,803.75 crore (19.41 per cent of

Topics : India's infrastructure infrastructure projects Infrastructure cost overrun

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