Lending institutions appoint Lenders’ Engineer (“LE”) to monitor & provide an independent review of the progress of the sanctioned projects. LE plays a key role in identifying and mitigating risks in sanctioned projects and to safeguard the interests of the lending institutions (banks/ financial institution/ investor).
LE is required to visit the project site at regular intervals and to provide a complete assessment of project and to appraise the lending institutions about following:
LE is also required to check the availability of necessary infrastructure and suitability of the borrowers’ organization and operational readiness of the project under execution. This may also be extended to verification of the completed project and commissioning of any industry.
RBSA’s professionals possess the complete set of techno-commercial and financial management skills to provide the required insight into the lending and utilization process.
RBSA has acted as a Lender’s Engineer on behalf of various Banks, Private Equity Funds and Financial Institutions on very reputed projects.