The road transport and highways sector have the highest number of delayed projects at 262. After this, 115 projects of railways and 89 in the petroleum sector are delayed. This information has been received from a government report. According to the latest report on infrastructure projects for September 2022, out of 835 projects monitored in the road transport and highways sector, 262 projects are running late from their original schedule.
Similarly, 115 out of 173 projects monitored by Railways are delayed, while 89 out of 140 projects for petroleum are behind schedule. The Infrastructure and Project Monitoring Division (IPMD) monitors central sector projects costing Rs 150 crore or more. IPMD monitors these based on information provided by the project implementing agencies on the Online Computerized Monitoring System (OCMS).
IPMD comes under the Ministry of Statistics and Program Implementation. The report reveals that the Munirabad-Mahabubnagar rail project is the most delayed. It is running late by 276 months. The second most delayed project is the Udhampur-Srinagar-Baramulla rail project. The project is 247 months behind its schedule. The third delayed project is the Belapur-Seawood-Urban electrified dual line, with a delay of 228 months.
The report states that the total original cost of implementation of 835 projects in the road transport and highways sector (when sanctioned) was Rs 4,94,300.45 crore. It is now estimated to increase to Rs 5,26,481.88 crore. In this way, the cost of projects in the road transport and highways sector has increased by 6.5 percent. The expenditure on these projects till September 2022 was Rs 3,21,980.33 crore, which is 61.2 percent of the estimated cost.
According to the report, the total original cost of implementation of 173 projects of the Railways was Rs 3,72,761.45 crore, but now it is estimated to increase to Rs 6,23,008.98 crore. That is, the cost of railway projects has increased by 67.1 percent. The expenditure on these projects till September 2022 was Rs 3,50,349.9 crore or 56.2 percent of the estimated cost.
Similarly, the total original cost of implementation of 140 projects in the petroleum sector was Rs 3,64,330.55 crore, but it has increased to Rs 3,84,102.18 crore. It has increased by 5.4%. A total of Rs 1,38,460.78 crore has been spent on these projects till September 2022. This sits at 36 percent of the estimated cost.