Road transport and highways sector has maximum number of delayed projects: Govt report

The road transport and highways sector has the highest number of delayed projects at 300, followed by the railways at 119 and the petroleum sector at 90, a government report showed.

Of the 825 projects in the road transport and highways sector, 300 projects are getting delayed. In railways, 119 out of 173 projects are delayed, while for petroleum, 90 out of 142 projects are delayed, as per the latest flash report on infrastructure projects for June 2022.

The Infrastructure and Project Monitoring Division (IPMD) is mandated to monitor central sector infrastructure projects costing ₹150 crore and above based on the information provided by the project implementing agencies on the Online Computerized Monitoring System (OCMS).

IPMD comes under the Ministry of Statistics and Program Implementation.

most delayed projects

The report revealed that the 500 MW prototype fast breeder reactor built by the Bhartiya Nabhi Vidyut Nigam Limited (BHAVINI) is the most delayed project. It has been delayed by 168 months.

The second most delayed project is NHPC’s PARBATI-II Hydroelectric Project (4X200 MW), which has a delay of 162 months.

The third most delayed project is NHPC’s Subansiri Lower Hydro Electric Project (8X250 MW) at 155 months.

Road Transport and Highways Sector

The total original cost of implementation of 825 projects when approved was ₹4,90,792.42 crore. This was later estimated to be ₹5,37,163.29 crore, meaning the cost went up by 9.4 per cent.

3,21,084.28 crore was spent on these projects till June 2022, which is 59.8 per cent of their estimated cost.

Also read: Bharatmala project cost doubled; Only 23% project completed: Report

railway zone

The total original cost of implementation of 173 projects when approved was ₹3,72,761.45 crore, which later increased to ₹6,12,578.9 crore, which means an increase of 64.3 per cent in cost.

The expenditure on these projects till June 2022 was ₹3,29,682.13 crore or 53.8 per cent of the estimated cost.

Also read: 640 infra projects are delayed, some by 26 years

petroleum sector

The total original cost of implementation of 142 projects was ₹3,73,333.65 crore, which increased to ₹3,93,008.38 crore, representing a cost of 5.3 per cent.

The expenditure on these projects till June 2022 was ₹ 1,33,493.59 crore, which is 34 per cent of their estimated cost.

Published on

21 August 2022

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https://www.thehindubusinessline.com/news/national/road-transport-and-highways-sector-has-maximum-number-of-delayed-projects-govt-report/article65793624.ece

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