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Delayed infrastructure projects rise to 830 as of September 1: Govt report

The 1,762 infrastructure projects are also facing cost overruns of Rs 4,77,280.69 crore or 19 percent of the total cost.

September 20, 2023 / 17:12 IST
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Infrastructure

The number of delayed infrastructure projects, worth Rs 150 crore and above, in India, has risen to 830 as of September 1, 2023 from 809 as of August 1, 2023, according to the August 2023 report by the Infrastructure and Project Monitoring Division (IPMD).

According to the report, out of the 1,762 projects it tracks, 830 projects are facing delays, 550 are on schedule and 43 projects are ahead of schedule.

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The remaining 339 projects have no reported year of commissioning nor have a tentative gestation period.

The average time overrun in these 830 delayed projects is 36.96 months.