Out of 286 projects, 101 projects have cost overruns with respect to original cost. As per the report, out of the 286 projects, 2 projects are ahead of schedule, 54 are on schedule, 123 delayed and 101 projects reported cost overrun and 41 projects reported both time and cost overrun with respect to their original project implementation schedules. Nearly 300 infrastructure projects worth Rs 1,000 crore and more have reported a cost overrun of Rs 1.29 lakh crore. In comparison with the last month, the number of projects reporting cost overruns decreases from 35.97% to 35.31%, it said. Cost overrun of these is 101.72% while during the last month, it was 103.84% in 100 projects out of 278 monitored projects.

Source: dna July 31, 2016 05:48 UTC