Road Transport Sector Has Maximum Number Of Delayed Projects: Report


Road Transport Sector Has Maximum Number Of Delayed Projects: Report

New Delhi:

The street transport and highways sector has the utmost variety of delayed tasks at 358, adopted by railways at 111 and the petroleum sector at 87, confirmed a authorities report.

In the street transport and highways sector, 358 out of 769 tasks are delayed. In railways, out of 173 tasks, 111 are delayed, whereas within the petroleum sector, 87 out of 154 tasks are operating delayed, as per the most recent flash report on infrastructure tasks for November 2022.

The Infrastructure and Project Monitoring Division (IPMD) is remitted to observe central sector infrastructure tasks costing Rs 150 crore and above primarily based on the data offered on the Online Computerised Monitoring System (OCMS) by the undertaking implementing companies.

The IPMD comes beneath the Ministry of Statistics and Programme Implementation.

The report confirmed that the Muneerabad-Mahaboobnagar rail undertaking is the most-delayed undertaking. It is delayed by 276 months.

The second-most delayed undertaking is the Udhampur-Srinagar-Baramulla rail undertaking, which is delayed by 247 months.

The third-most delayed undertaking, Belapur-Seawood-Urban Electrified Double Line, is delayed by 228 months.

The flash report for November 2022 accommodates info on the standing of the 1,476 central sector infrastructure tasks costing Rs 150 crore and above.

As many as 756 tasks are delayed with respect to their unique schedules and 304 tasks have reported extra delays vis-a-vis their date of completion reported within the earlier month.

Of these 304 tasks, 58 are mega tasks costing Rs 1,000 crore and above.

About street transport and highways sector, the report acknowledged that complete unique value of implementation of 769 tasks when sanctioned was Rs 4,33,744.86 crore, however this was subsequently anticipated at Rs 4,60,524.16 crore implying a value overrun of 6.2 per cent.

The expenditure incurred on these tasks until November 2022 was Rs 2,77,208.24 crore, or 60.2 per cent of the anticipated value of the tasks.

Similarly, in railways, the entire unique value of implementation of 173 tasks when sanctioned was Rs 3,72,761.45 crore, which subsequently elevated to Rs 6,24,583.37 crore, implying a value overrun of 67.6 per cent.

The expenditure incurred on these tasks until November was Rs 3,59,996.26 crore, which is 57.6 per cent of the anticipated value of the tasks.

About petroleum sector, it acknowledged that the entire unique value of implementation of 154 tasks was Rs 3,81,885.12 crore however this was subsequently anticipated at Rs 4,01,966.41 crore — a value overrun of 5.3 per cent.

The expenditure incurred on these tasks until November 2022 was Rs 1,48,897.69 crore, or 37 per cent of the anticipated value of the tasks.

(Except for the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

Featured Video Of The Day

Mission 2024: Free Food For Political Thought?



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *

Shopping Cart