Stalled projects a tall order for CCI
Anil Sasi: New Delhi, Dec 15 2012, 01:31 IST
to R7.38 lakh crore till end-July 2012, which translates into an overall cost overrun of R1.02 lakh crore (about 16% of the original cost).
On a sectoral basis, in the shipping and ports sector, of the five projects worth over R1,000 crore, three are delayed. In the steel sector, out of the six projects, four are delayed, while in the petroleum sector, out of 35 projects, 14 projects are delayed. In the case of railways, out of 40 projects of over R1,000 crore, 14 projects are delayed.
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