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.