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Latest News | Govt Says 448 Infra Projects Hit by Cost Overrun of Rs 5 55 Lakh Cr in Oct-Dec

Get latest articles and stories on Latest News at LatestLY. As many as 448 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by cost overrun of more than Rs 5.55 lakh crore during December quarter 2023, an official report stated. Latest News | Govt Says 448 Infra Projects Hit by Cost Overrun of Rs 5.55 Lakh Cr in Oct-Dec.

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448 infra projects hit by cost overrun of over Rs 5 55 trillion in Oct-Dec: Report

According to a recent report, as many as 448 infrastructure projects, each entailing an investment of Rs 150 crore or above, were hit by a cost overrun of more than Rs 5.55 trillion during December quarter 2023.

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Govt says 448 infra projects hit by cost overrun of Rs 5 55 lakh cr in Oct-Dec

Govt says 448 infra projects hit by cost overrun of Rs 5 55 lakh cr in Oct-Dec
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india pending infra projects: Govt says 448 infra projects hit by cost overrun of Rs 5 55 lakh cr in Oct-Dec

The Quarterly Project Implementation Status Report (QPISR) for the third quarter of 2023-24 revealed that 448 infrastructure projects, each worth Rs 150 crore or more, experienced cost overruns of over Rs 5.55 lakh crore. Out of 1,897 projects, 56 were ahead of schedule, 632 were on schedule, and 902 were delayed. The anticipated completion cost was Rs 31,74,489.91 crore.

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448 infra projects affected by cost overrun of Rs 5 55 lakh crore, says QPISR - Here s why - Infrastructure News

448 infra projects affected by cost overrun of Rs 5 55 lakh crore, says QPISR - Here s why - Infrastructure News
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