Lender’s Engineer

We offer the following specific services as Lender’s / Independent Engineer:-

Phase I : Project Review and Assessment

    • Review and certify the land requirement
    • Plant design requirements
    • Design of project facilities
    • EPC contract
    • Construction schedule
    • Total project cost estimate
    • Drawdown schedule
    •  Review performance guarantees
    • Review performance testing criteria
    • Operations & Maintenance (“O&M”) arrangements
    • Operating & Maintenance cost estimate
    • Water supply
    • Consistency of project documentation
    • Review of permits and licences
    • Work product

Phase II : Construction Monitoring

    • Monitoring the project to ascertain timely completion.
    • Attending monthly project review meetings
    • Reviewing progress of design effort
    • Reviewing progress of overall procurement progress
    • Reviewing work plans and quality control procedures
    • Conducting monthly on-site visits to ensure project schedule and agreed design concepts
    • Ensuring safety aspects at site.
    • Reviewing the contractor’s monthly loan requisition requirement
    • Providing regular feedback about progress of the work and proper utilization of funds
    • Suggesting possible remedial measures to avoid/reduce time and cost overruns
    • Providing support in resolving disputes between Lender and Borrower.

Phase III : Performance Testing

    • Review test procedures
    • Monitor overall plant performance tests
    • Review test reports
    • Ensure Compliance with health, safety and other regulatory requirements
    • Certification of performance test results
    • Certification of commercial operation date of project

Phase IV : Annual Operational Review

    • Review O&M manuals
    • Review O&M training program
    • Review O&M quarterly report issued by the operator
    • Review budget and actual expenditure
    • Conduct periodic site visits to assess overall operation, comment on slippages and recommend remedial measures in case of performance deterioration.