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Thermal power projects with 65,861 Mw total capacity face 13% cost overrun

Cost of projects across the country climbs to Rs 5.07 trillion from Rs 4.46 trillion, following implementaion delay of four to 78 months

Thermal power
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Thermal power

Jayajit Dash Bhubaneswar
Thermal power projects under various stages of construction across the country are facing cost escalation of 13 per cent due to delays in implementation.
 
The total capacity of these projects is pegged at 6,5861.15 megawatt (Mw). The original cost of these projects was estimated at Rs 4.46 trillion, but due to time overruns, the cost has shot up to Rs 5.07 trillion. The time overrun for the projects ranges from four to 78 months.
 
Data by the Central Electricity Authority (CEA) show that in the central sector, 18 projects - predominantly the ones being executed by NTPC -