Dhruv Consultancy Services Empaneled as Lenders’ Independent Engineers with IIFCL

Dhruv Consultancy Services Ltd has been officially empaneled as Lenders’ Independent Engineers (LIE) with India Infrastructure Finance Company Ltd (IIFCL). The designation reinforces Dhruv Consultancy’s expertise in infrastructure project evaluation, ensuring compliance with financial and technical benchmarks for large-scale developments.  

Key Highlights of the Empanelment  
- IIFCL’s empanelment process selects firms with proven expertise in infrastructure assessment, risk evaluation, and project monitoring  
- Dhruv Consultancy will oversee independent evaluations of infrastructure projects funded by IIFCL, ensuring adherence to financial and technical guidelines  
- The firm’s role includes assessing project feasibility, monitoring construction progress, and verifying compliance with contractual obligations  
- The empanelment strengthens Dhruv Consultancy’s position in India’s infrastructure sector, expanding its portfolio of government-backed projects  

Strategic Importance of the Appointment  
- The designation enhances Dhruv Consultancy’s credibility as a trusted evaluator for infrastructure financing institutions  
- The firm’s expertise in highways, bridges, tunnels, and urban development projects aligns with IIFCL’s mandate to support large-scale infrastructure investments  
- The empanelment is expected to facilitate smoother project execution, minimizing financial risks for lenders and investors  

Future Outlook and Industry Impact  
- Analysts anticipate that Dhruv Consultancy’s role as LIE will contribute to improved transparency and efficiency in infrastructure financing  
- The firm’s involvement in project assessments may attract further collaborations with financial institutions and government agencies  
- The empanelment underscores the growing demand for independent engineering evaluations in India’s infrastructure sector  

Source : IIFCL, Dhruv Consultancy Ltd, Economic Times.