• SENSEX
    NIFTY 50
Infrastructure

340 infrastructure projects show cost overruns of Rs 3.3 lakh crore

Updated : June 30, 2019 05:56 PM IST

As many as 340 infrastructure projects, each worth Rs 150 crore or more, have shown cost overruns to the tune of over Rs 3.3 lakh crore owing to delays and other reasons, a report said.
According to the report, the expenditure incurred on these projects until March 2019 is Rs 853,680.47 crore, which is 39.89 percent of the anticipated cost of the projects.
Out of 381 delayed projects, 117 projects have overall delay in the range of 1 to 12 months, 63 are delayed by 13 to 24 months, 103 reflect delay of 25 to 60 months and 98 projects show 61 months and above delay.
340 infrastructure projects show cost overruns of Rs 3.3 lakh crore
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV