NITCON Limited

NITCON Ltd is well connected with industries and financial institutions to offer Consultancy & Advisory services like:

Techno Economic Appraisals/ Feasibility/ Viability Assessments (TEFR/TEVS), Detailed Project Reports (DPRs) of Investment Proposals for Central/ State Government, Banks/ Financial Institutions.
Technical Due Diligence studies.
Lenders Independent Engineers (LIE) Reports.
Market Research/ Diagnostic Study Reports (DSRs).
Preparing DSRs/DPRs of Micro Clusters for setting up Common Facility Centres (CFCs) for obtaining funding under Govt. of India schemes.
Validation of Credit Monitoring & Arrangement (CMA) data for release of Working Capital Limits.
Business/ Asset Valuation Studies based on Technical evaluation of the assets as well as through use of Discounted Cash Flow techniques.
Technical Stock Audits.
Project Management Consultancy (PMC) services.
Restructuring Proposals for Revival/ Rehabilitation including for NCLT.

In view of the strengths carried by NITCON and due to its empanelment with various Financial Institutions/ Banks, many consultancy and advisory services have been executed on the request of the Institutions, to their entire satisfaction.

Name of Institutions / Banks

State Bank of India

Punjab National Bank

Bank of Baroda

Union Bank of India

NaBFID

Canara Bank

UCO Bank

Indian Bank

Central Bank of India

Indian Overseas Bank

Bank of India

Bank of Maharashtra

Punjab Sind Bank

National Housing Bank

Universal Service Obligation Fund (USOF), Deptt. of Telecommunications, Govt. of India, New Delhi

EXIM Bank, New Delhi

Maharashtra Housing Development Corporation

The organization has put its footprints overseas as well, through successful preparation of DPR for setting up Vocational Training Centers & Incubation Centers in Rwanda. Earlier, NITCON has also carried out Identification & Listing of misc fixed assets of five Hotel locations of a 5 Star Chain of Hotels in Bhutan.

NITCON has rendered services to various Institutions like SIDBI, IDBI, IFCI, PSIDC, PSIEC, HSIIDC, HFC, SBI / SBOP, PNB, OBC, UCO, Corporation Bank, P&SB, IL&FS, Individual Industrial / Infrastructure Groups, Resolution Professional/ NCLT etc.

Techno Economic Viability Study:

Techno-economic viability study (TEV study) are is a detailed assessment of project financial and technical aspects along with management and market assessment to judge feasibility of the project. It broadly covers

Market Assessment
Management capabilities
Technical Analysis
Financial Analysis
Risk Analysis
SWOT Analysis of the proposed Project
The purpose of a Techno-Economic Viability (TEV) Study evaluation is to help lenders determine the acceptability of the amount of risk involved in a project.

Lenders Independent Engineer:

LIE Lenders Independent Engineer is monitoring of implementation of the proposed project on behalf of Lender, as Lenders Independent Engineer. The objective of LIE is segregated into three parts i.e. –

Stage 1 –Review of Project or Technical Appraisal

Stage 2 – Implementation Monitoring Services

Stage 3 – Certifying the Project Completion (if required)

Review of the Project or Technical Appraisal - At the time of TEV study undertaken, on behalf of the Lenders, the Project is generally at quotation stage and the Project Cost is worked out of base of quotations. However, by the time of the first draw-down, the Companies would have signed firm contracts or release purchase order of most of the components of the Project Cost. These are reviewed by LIE and the Project Cost is firmed up further as part of the Project Appraisal and the final implementation schedule is presented. The Technical Cost finalized as part of the Technical Appraisal is considered as the benchmark for monitoring of the implementation works.

Implementation Monitoring Services – Implementation Monitoring Services is a bi- monthly/ quarterly/ half yearly services which primarily involves the monitoring of the implementation of the Project and the outflow of the capital investment. LIE visit the site and review the physical progress on the site vis-à-vis the finalised implementation schedule. The physical progress of the Project is co-related with the financial progress and a monitoring report, with draw-down certificate is issued.

Certifying the Project Completion – Once the Project reached the trial run stage, the LIE is responsible for overseeing the trial run and commissioning of the Project. When the commencement of commercial operations is finally achieved for the Project, the LIE certifies the same and submits a Project Completion Certificate.

Textile - Apparels, Knitting, Spinning, Dyeing, Processing, Acrylic Blankets, Acrylic Yarn, Worsted Woolen Yarn Spinning, etc.

Engineering - Engineering, Automobiles and Auto ancillaries, Agricultural implements, Tractor Ancillary, Biaxially oriented Polyproplene (BOPP) film plant etc.

Steel Industry - Fabrication units, Forging units, Alloy Steel Castings, Captive Power Plant & Steel Melting Shop, Foundries, GI Pipe Manufacturing, Hand Tools, Spiral SAW Pipes etc.

Pharmaceuticals - Active Pharmaceutical Ingredient (API), Vaccines, Pharmaceutical Formulations etc.

Chemical - Chemical units as Stearic acid manf. Unit and other projects.

Sports Infrastructure - Cricket Stadium, Golf Infrastructure.

Renewable Energy - Hydro Power Project, Solar power projects, wind energy power projects, Biofuel CBG, Bio-Diesel.

Ethanol - Grain based distillery, Molasses Based Distillery, Hybrid Distilleries.

Education - Collages, Schools, Medical Collages.

Sugar - Sugar Mills Jaggery Plant Distilleries, Captive Plants.

Rice Mill - Rice Mills, Rice Bran oil solvent units.

Paper - Paper, Paper Cutlery.

Road Project- HAM, BOT.

Hospital- Super Specialty hospitals , multi-specialty hospital with medical collages.

Hotel- Premium and Budget hotels, resorts, hill resorts, Banquet halls etc.

Real Estate- Commercial Complex, shopping Malls on Private and PPP model, Residential Real Estates.

Auto- Auto Ancillary, e-mobility, Bus Services in State Waste Recycling Metal recycling, Waste Recycling, Water and MSW recycling units And several other manufacturing industries.

Diagnostic Study Reports: - Mapped the Business Processes in the Cluster and proposed remedial measures, with a validated action plan. Assessed need for technical assistance, capacity building, exposure visits, market development, trust building, etc for the Cluster Units.

Detailed Feasibility Study/ DPR Report: – Prepared a Feasibility Study, DPR report for Several Industries and Clusters some key mentions are 500 KLD Grain Based Distillery at Rajasthan, Ahmedabad, Hotel projects, Steel Industry, Solar Power Projects, Bamboo Based Thermal power plant, Common Facility Center for the Micro/Small Cluster units encompassing latest machinery and equipment to improve competitiveness of the local Cluster on self-sustaining basis and many more.. Detailed Techno Economic Appraisal of the DPRs submitted by respective SPVs setup/ supported by Directorate of Industries of the States of Haryana and Himachal Pradesh and PSIEC, and ensuring in-principle approval for release of grant under MSE-CDP scheme, Ministry of Micro Small & Medium Enterprises, Govt. of India/ Trade Infrastructure for Export Scheme (TIES), Ministry.

NITCON has delivered Technical consultancy assignment across all Geographical Locations in India, some latest assignments were delivered in states/UT’s as

Punjab, Uttar Pradesh, Uttrakhand, Rajasthan, Himachal Pradesh, Delhi, Haryana, Odisha, Maharashtra, J&K, Telangana, Bihar, MP, Chhattisgarh, Assam, Nagaland, West Bengal, Puducherry, Kerala, Karnataka.