To give confidence to the lenders on their investment decisions, Gensol takes utmost care in ensuring plant's technical due diligence and feasibility of the project by doing plenty of detailed project review before giving a final report to lender for taking a right investment decision. Gensol assists lenders to evaluate projects for financing from technical,contractual, construction and commissioning risks perspective.
Pre Financial Closure Due Diligence
Pre Disbursement Inspection
Gensol has an experience of more than 2000+ MW of Lender's Engineering Servcies. Service portfolio covers many well known lenders named Axis Bank, Bank of India, Central Bank, IDBI Bank, Indusind Bank, L&T Infra Finance, Power Finance Corporation, State bank of India, Tata Capital, Union Bank and Yes Bank.When it comes to lending money for the projects, investors are very keen to ensure aboout project returns and safety of their investments. So they always wants to ensure how safely and successfully a project is being implemented.To give confidence to the lenders on their investment decisions, Gensol takes utmost care in ensuring plant's technical due diligence and feasibility of the project by doing plenty of detailed project review before giving a final report to lender for taking a right investment decision.
Independent Technical Consultant
Review Project EPC Contract for completeness and reasonability
Site Visit and Site Assessment
Energy Yield Estimation Plant
Operations and Maintenance (“O&M”)
Review of Permits and Licenses
Pre Disbursement Inspection
Undertaking visit to the Project site to assess progress in engineering, procurement and construction activities and to review contractor’s presentation of problem areas
Advising Client on possible problems and delays that may arise in future, to ensure timely action to prevent the problem
Advise clients immediately of major problems that may arise
Reviewing quality control procedures and reports
Reviewing change orders to the Contract and informing client of the amount of change order(s) and its status
Review progress of implementation of the Project and its variance vis-s-via scheduled implementation
Comment on critical path activities & estimate of hand over of Project in comparison within timelines as per EPC contract
After every visit the LIE would prepare a progress report outlining all activities completed and those scheduled for the coming and an independent assessment of the status.
The LIE will Review the O&M manuals and comment on their completeness and compatibility to those of similar facilities
Performance Acceptance Tests
Witness Performance Testing for Provisional Acceptance test / Mechanical Completion
Review the test procedures developed by the contractor and confirm compliance with applicable test codes and standards and with testing criteria specified in the EPC contract
Monitor on site overall plant performance tests
Review test reports prepared by contractor
Comments on accuracy of Test Reports and identify any discrepancy or errors noted
Post Commissioning Inspection
The LIE would submit a report once in the first and second quarter and another report six months thereafter during the first year of operation (total of 3 reports) The LIE may, at the discretion of the Owner, be retained, at terms and for specific scope to be mutually agreed at the material time, for reviewing the operational phase of the project post the first two years of operations.