According to a government report, the maximum number of projects that have been delayed for the road transport and highways sector. The accurate numbers of delayed projects are 262 for highways and road transport are delayed out of a total of 835 projects, followed by 115 for railways projects delayed out of 173 and 89 out of 140 projects for the petroleum sector. This data comes from the latest September 2022 report on infrastructure projects.
The Infrastructure and Project Monitoring Division (IPMD) has been directed to keep a check on infrastructure projects of the central sector which cost capital of Rs 150 crore and more than that. The monitoring will be done on the basis of the information that is provided by the project implementing agencies available on the Online Computerised Monitoring System (OCMS). The IPMD falls under the Statistics and Programme Implementation Ministry.
262 for highways and road transport are delayed out of a total of 835 projects, followed by 115 for railways projects delayed out of 173.
The most delayed project according to a report is the Muneerabad – Mahboobnagar rail project, which has been delayed by a long duration of 276 months. Followed by this, the Udhampur – Srinagar – Baramulla is the second most delayed project which falls behind by 247 months. After this comes the Belapur – Seawood – Urban Electrified Double Line, the third most delayed project by another / 228 months.
In the context of the highways and road transport sector, the report also stated that when 835 projects were approved, the total initial 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. The amount spent on these projects up through September 2022 is Rs 3,21,980.33 crore or 61.2% of the projected cost of the projects.
89 out of 140 projects for the petroleum sector are delayed.
Regarding the railroads, it stated that the total approved cost for the execution of 173 projects was initially in the range of Rs 3,72,761.45 crore but later rose to Rs 6,23,008.98 crore, indicating a cost overrun of 67.1%. The amount spent on these projects up through September 2022 is Rs 3,50,349.9 crore or 56.2% of the projects’ estimated cost.
In the petroleum industry, it was reported that the entire original cost of implementation of 140 projects was of the order of Rs 3,64,330.55 crore when it was sanctioned, but it increased to Rs 3,84,102.18 crore, demonstrating a cost overrun of 5.4%. A total of Rs 1,38,460.78 crore has been spent on these projects as of September 2022, which is 36% of the projects’ projected costs.