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Audit reviewed the various stages of electrification projects management including approval process, identification of implementing agency, project planning, project execution by various implementing agencies and post project utilisation of the completed RE Projects.
It was noticed that the pace of electrification in terms of RKMs improved. However, audit noticed delays in every stage of project planning to project execution in RE projects reviewed, which indicated that there is scope to further improve the pace of electrification. It led to increase in the capital cost of the projects and in the loss of opportunity of cost of money of the capital invested.Delay in completion of projects also led to substantial time and cost overrun and non-achievement of projected savings.