Delay in Completion of Power Projects
(a) whether the delay in completion of power projects and consequent cost overrun are causing huge losses to the exchequer;
(b) if so, the number of such power projects;
(c) whether the cost of mega basic infrastructural projects like rail and roads has increased due to delay in their completion;
(d) if so, the project-wise number of such projects which are lying pending for years and the details of cost over run so far because of delay;
(e) the number of mega projects shut down due to cost overrun; and
(f) the steps being taken by the Government for monitoring of projects and their early completion?
GOVERNMENT OF INDIA
MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION
LOK SABHA
UNSTARRED QUESTION NO: 1224 ANSWERED ON: 25.07.2018
Delay in Completion of Power Projects
TAMRADHWAJ SAHU
Will the Minister of STATISTICS AND PROGRAMME IMPLEMENTATION be pleased to state:-
(a) whether the delay in completion of power projects and consequent cost overrun are causing huge losses to the exchequer;
(b) if so, the number of such power projects;
(c) whether the cost of mega basic infrastructural projects like rail and roads has increased due to delay in their completion;
(d) if so, the project-wise number of such projects which are lying pending for years and the details of cost over run so far because of delay;
(e) the number of mega projects shut down due to cost overrun; and
(f) the steps being taken by the Government for monitoring of projects and their early completion?
ANSWER
MINISTER OF STATE IN THE MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION AND MINISTER OF STATE IN THE MINISTRY OF PARLIAMENTARY AFFAIRS [SHRI VIJAY GOEL]
(a) and (b) The Ministry of Statistics and Programme Implementation monitors on-going Central Sector Infrastructure Projects costing Rs. 150 crore and above on time and cost overruns, on the basis of information provided by the project implementing agencies on the On-line Computerized Monitoring System (OCMS) of this Ministry. As on 01.04.2018, a total of 38 projects of power sector are showing both delay in completion and consequent cost overruns. Total original cost of implementation of these projects was Rs. 1,49,564.80 crore and their anticipated completion cost is likely to be Rs. 1,96,155.21 crore, which reflects overall cost overruns of Rs. 46,590.41 crore (31.15%).
(c) and (d) As on 01.04.2018, a total of 389 mega projects (costing Rs. 1000 crore and above) including rail and road sectors were on the monitor of this Ministry. Out of these, the cost of 59 projects has increased by Rs. 1,36,790.58 crore due to delay in their completion. The details of such Projects including rail and road sectors are at Annexure.
(e) The OCMS portal of this Ministry (www.cspm.gov.in) maintains information in respect of on-going Central Sector Infrastructure Projects only.
(f) The major steps taken to ensure completion of on-going Central Sector Infrastructure Projects without time and cost overruns include:
(i) Project appraisal by respective Ministries;
(ii) On-line Computerized Monitoring System (OCMS);
(iii) Setting up of Revised Cost Committees in the Ministries for fixation of responsibility for time and cost overruns;
(iv) Regular review of infrastructure projects by the concerned administrative Ministries; and
(v) Setting up of Central Sector Projects Coordination Committees (CSPCCs) in the concerned States under the chairmanship of Chief Secretaries for removal of bottlenecks and facilitating speedy implementation of major projects.
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Source: Loksabha
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