Up revised cost of Assam gas cracker awaits sanction from Cabinet Committee on Economic Affairs

02-Aug-11

A delay in implementation of the Assam Gas Cracker has lead to a hike in project costs to Rs 8,879 crore from Rs 5,461 crore. These delays can be attributed to several causes including technology/design changes, time escalation, increases in cost because of change in infrastructure, site conditions, and construction cost. This cost hike has been approved by the Public Investment Board. The revised cost of the Assam gas cracker project being implemented by Brahmaputra Cracker and Polymer Ltd (BCPL) awaits sanction of the Cabinet Committee on Economic Affairs, as per telegraphindia.com. Though completion of the project is expected in H2-2013, any further increase in costs is unlikely as a large part of the work has been accomplished.