New Delhi, Sep 18: As many as 12 out of 13 hydro projects and 30 out of 34 thermal power projects are delayed in their execution, mainly due to issues like land acquisition and contractual inadequacies.
Most significantly, the 12 delayed hydro projects have a cumulative time overrun of 1,205 months or more than 100 years. The cost overrun in these projects has been Rs 31,530 crore, according to sources.
Similarly, due to the delay in execution of 30 thermal power projects out of 34, the time overrun has been 1,776 months or 148 years, while the cost overrun is Rs 41,100 crore.