• L&T-Sargent & Lundy
  • L&T-Sargent & Lundy

Independent/Lender's Engineering

We offer Independent/Lender's Engineering Services to various International and National Financial Institutions, Government bodies, Banks, Private Equity players, corporate enterprises etc. Click below for more information on our services as Independent/Lender's Engineers and reference list.

Our Lenders Engineering and Independent Engineering services broadly includes:

Pre-Financial Closure

Review of project developer’s :

  • Conceptual design
  • Power purchase agreement
  • Permits and licenses for construction
  • Turnkey/packages/sub package contracts
  • Power evacuation arrangement
  • Fuel supply agreement
  • Fuel transportation agreement
  • Water supply arrangement
  • Infrastructure Adequacy and Availability
  • Environmental Issues
  • Procurement Procedure
  • O&M plan
  • Plant compliance for financial closure

Post-Financial Closure (Implementation Phase)

Activities like :

  • Monitor Physical progress on agreed schedules
  • Review of Drawdown request
  • Issue drawdown certificate
  • Review of Inspection certificates
  • Monitor start-up & commissioning
  • Witness site performance and efficiency tests
  • Certify plant performance tests
  • Certify project provisional and final completion

Operations and Maintenance

Review of :

  • O&M Plan
  • O&M Agreement
  • O&M Budget
  • Overhaul Plans
  • Periodic audit of Plant O&M on agreed schedules

Post Commissioning

Activities covering :

  • Issue Project Completion Certificate
  • Issue Plant Performance Tests Reports
  • Design Reporting System for Plant Operation
  • Review of O&M budget and Overhaul Plans
  • Issue Plant Performance Assessment Reports

Technical and Financial Due Diligence

The objective of an Independent Engineering assignment is to provide a complete assessment of the power project on the basis of technical and financial evaluation, so as to provide the stakeholder (the Owner, Lender or any other individual) the necessary assurance of suitability and viability of the proposed Project. This is carried out through a techno-economic due diligence which covers:

  • Independent assessment of technical parameters, components and contracts including availability and suitability of land for the power plant as well as the associated forward and backward linkages (fuel, water, power evacuation, etc.)
  • Evaluation of performance parameters based on the various contracts.
  • Review of project cost and project financials.
  • Review of technical and financial risk assessment and recommendation on key issues impacting stakeholder’s interest.

Download Lender's - Independent Engineering Projects