India: 340 infra projects show cost overruns of Rs 3.3 lakh cr
New Delhi, Jun 30 (PTI) 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.
"Total original cost of implementation of the 1405 projects was Rs 18,09,681.47 crore and their anticipated completion cost is likely to be Rs 21,39,924.38 crore, which reflects overall cost overruns of Rs 3,30,242.91 crore (18.25% of original cost)," the Ministry of Statistics and Programme Implementation's latest report for March 2019 said.