New Delhi: The road transport and roads sector has the most delayed projects with 262, followed by railways with 115 and the petroleum industry with 89, according to a government data.
262 out of 835 projects in the road transportation and highways sector are behind schedule. According to the most recent flash report on infrastructure projects for September 2022, 89 out of 140 projects for petroleum are delayed, while 115 out of 173 projects for railways are.
Based on the data submitted on the Online Computerized Monitoring System (OCMS) by the project implementing agencies, the Infrastructure and Project Monitoring Division (IPMD) is tasked with monitoring central sector infrastructure projects worth Rs 150 crore and above. The Ministry of Statistics and Programme Implementation oversees the IPMD.
The most delayed project, according to the report, is the train line between Muneerabad and Mahaboobnagar. It is 276 months behind schedule. The Udhampur-Srinagar-Baramulla rail project, which has been delayed by 247 months, is the second-most delayed project.
Belapur-Seawood-Urban Electrified Double Line is the third-most postponed project and is 228 months behind schedule. According to the research, when 835 projects were first approved, the total original cost of their implementation was Rs 4,94,300.45 crore.
This was later estimated to cost Rs 5,26,481.88 crore, representing a 6.5% cost overrun. Up until September 2022, Rs 3,21,980.33 crore was spent on these projects, which is 61.2% of the estimated cost of the projects.
Regarding the railroads, it stated that the total approved cost of implementing 173 projects was initially in the range of Rs 3,72,761.45 crore, but later rose to Rs 6,23,008.98 crore, representing a cost overrun of 67.1%.
Up until September 2022, Rs 3,50,349.9 crore was spent on these projects, which is 56.2% of the estimated cost of the projects.
The petroleum industry’s total original cost of implementing 140 projects was initially approved at Rs 3,64,330.55 crore, but it ultimately increased to Rs 3,84,102.18 crore, representing a 5.4% cost overrun.
The amount spent on these projects up through September 2022 is Rs 1,38,460.78 crore, or 36% of the projects’ estimated cost.
