'Cost overruns of Rs 1180 cr likely in Panipat-Jalandhar road'
The 291-km long road from Panipat in Haryana to Jalandhar in Punjab is likely to run into cost overruns of Rs 1,180 crore, Parliament was informed today.chandigarh Updated: Dec 14, 2012 15:54 IST
The 291-km long road from Panipat in Haryana to Jalandhar in Punjab is likely to run into cost overruns of Rs 1,180 crore, Parliament was informed today.
"The anticipated cost of the Panipat to Jalandhar stretch of the highway project may touch Rs 2,288 crore as against the original estimated cost of Rs 1,108 crore," Minister of State for Statistics and Programme Implementation Srikant Kumar Jena said in a written reply in the Rajya Sabha.
The project is also likely to have a time overrun of 21 months. The original date of commissioning of the project was November, 2011 which has now been extended to August, 2013.
The Ministry of Statistics and Programme Implementation (MOSPI) monitors the central sector infrastructure projects costing Rs 150 crore on the basis of information supplied by the project implementing agencies.
"The project is delayed due to delay in supply of stone aggregate due to ban on mining, removal of encroachments, land acquisition problem, delay in approval of design from Railways, relocation of the toll plaza etc," Jena said.
He said the steps initiated by the government to ensure timely completion of projects includes rigorous project appraisal, regular review progress of projects and problem resolution meetings at appropriate level and monitoring of the projects through online computerised monitoring system.
All the other five road projects in Haryana are anticipated to come up on time, as per the data.