Lenders Independent Engineer

In order to protect the interest of banks/FIs that lend money to project promoters lenders appoint engineers to monitor the projects and achieve expected milestones.  LIEs are generally chosen based on their ability to understand and manage venture launching and project management process with the objective of minimizing lenders risk.  ITCOT is empanelled in many of the nationalized & private banks and financial institutions for acting as their LIE and handled many such assignments, a few of which are showcased here.