App of RCE
Appraisal of Revised Cost Estimate (RCE):
RCE of a project shall be accepted by CWC for appraisal, only if the original project was accorded investment clearance by the then Planning Commission (Now NITI Ayog)/DoWR, RM & GR. In case of externally aided projects, RCE of project shall be accepted by CWC for appraisal, only if the original project was accepted by Advisory Committee of DoWR, RD & GR. In case of major, medium and multipurpose projects which have been accorded investment clearance and where the revised estimates of the project have increased by more than 15% of the original estimates, or where there is change in scope i.e. change in projects parameters resulting in change in nature and benefits such as CCA, Storage, increase in water utilisation, installed capacity, energy generation etc., Revised Project Report including Estimates will be furnished to CWC for examination as new major/medium schemes. Project-wise statements of excess cost over the sanctioned costs under major sub-heads and reasons thereof shall also be appended with the revised estimates.