Question : DELAY IN COMPLETION OF PROJECTS



(a) whether time and cost overruns in completion of power projects have caused huge losses to the exchequer;

(b) if so, the total number of such power projects;

(c) whether the cost of basic infrastructural mega projects such as rail and road projects have gone up due to delays in their completion;

(d) if so, the number of years since when such projects have remained in the pipeline, project-wise;

(e) the total cost overruns in such projects so far; and

(f) the total number of such mega projects which have been scraped due to increase in their costs?

Answer given by the minister


MINISTER OF THE STATE (INDEPENDENT CHARGE), IN THE MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION AND MINISTER OF THE STATE IN THE MINISTRY OF CHEMICALS AND FERTILIZERS (SHRI SRIKANT KUMAR JENA)

(a) to (f): A Statement is laid on the table of the House.

Statement referred to in Reply to part (a) to (f) of Lok Sabha Starred Question No. 37 for 9th August, 2012

(a) & (b): As on 31st May, 2012, there were 100 projects of Power Sector (costing more than rS 150 Crores) on the monitor of this Ministry. Out of which, 28 projects are reported by project authorities as having time overrun. The total original cost of these 28 projects was rS 86,681.8 Crores and the anticipated cost of completion is rS 99,654.1 Crores implying a cost overrun of rS 12,972.3 Crores.

(c) to (e): As on 31st May, 2012, there are 129 projects of Railways and 146 projects of Road Transport & Highways Sector on the monitor of this Ministry. Out of which, 36 Railway projects and 84 Road Transport and Highway projects are having time overrun. The total original cost of 36 Railway projects was reported by the project authorities as rs 25,088.9 Crores which is now anticipated as rs 62,483.1 Crores implying a cost overrun of rs 37,395 Crores. The original cost of 84 Road Transport and Highway projects was reported by the project authorities as rs 33,500.5 Crores which is now anticipated as rs 35,578.8 Crores implying a cost overrun of rs 2078.3 Crores. The project-wise delays are at Annexure-I.

(f): No project in these sectors is reported to be scrapped due to increase in their cost.