DMR Hydroengineering & Infrastructures Limited has been empanelled by Punjab National Bank (PNB) as a consultant to provide Lender Independent Engineer (LIE) services for the Power Sector, specifically focusing on Renewable Energy. This empanelment is valid for a period of three years and was confirmed through a letter received on December 11, 2024.
Key Details:
- Contracting Entity: Punjab National Bank (PNB)
- Scope of Work: Providing Lender Independent Engineer services for renewable energy projects.
- Duration: Three years from the date of empanelment.
- Nature: Domestic contract
- Consideration: The financial size or consideration of the empanelment is currently not ascertainable.
The company stated that the empanelment does not fall under related party transactions and is executed at arm’s length. This development further strengthens DMR Hydroengineering’s portfolio in the renewable energy consultancy space.
