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Technical Due Diligence for Solar Projects in Nepal

Independent engineering review for banks, lenders and investors deciding whether to fund, buy or insure a solar asset.

What technical due diligence covers

Technical due diligence is an independent engineering review of a solar asset for someone who didn't build it, but has to decide whether to fund, buy or insure it: a bank, a lender, or an impact investor. It asks different questions depending on the asset's stage.

For a project under construction, the question is whether site readiness and civil or structural progress genuinely match what's been invoiced, before a bank releases the next disbursement. For an operating asset, the question is whether the design, workmanship and performance are what they were represented to be, and what risk that carries forward.

What I deliver

Site inspection and verification reports covering site readiness, civil and structural progress, and material delivery, reconciled against invoices to support a lender's disbursement decision. For operating assets: a verification and bank-readiness report covering asset viability, structural safety and regulatory compliance, framed as conditions precedent and conditions subsequent so an investor or lender knows exactly what to resolve before funds move.

How I work

Due diligence only works if a bank, a contractor and a developer end up looking at the same set of facts, even though each one wants a different answer from the review. That means coordinating directly with the lender's team, the EPC contractor's engineers, and the site's own resident engineer, not producing a report in isolation and hoping it holds up under questioning.

Where I've done it

Independent lender's technical verification for a 5 MW AC (6 MWp DC) utility-scale solar PV plant in Jhapa, on behalf of NMB Bank, verifying site readiness and civil and structural progress and reconciling delivered materials against multi-million INR invoices.

Technical due diligence across ten representative rooftop solar sites, spanning over 7 MWp, on behalf of the Dolma Impact Fund, covering technical quality, O&M effectiveness, PPAs, insurance adequacy and risk.

Frequently asked

Who commissions a technical due diligence review, the developer or the investor?

Almost always the party providing capital: a bank financing construction, or an investor evaluating an operating asset. The review is independent of the developer or EPC contractor being assessed.

What's the difference between due diligence and a feasibility study?

A feasibility study asks whether a project should be built. Due diligence reviews a project that already exists, or is under construction, for someone deciding whether to fund or acquire it. See the feasibility study page for the pre-construction side of this.

Do you review operating assets, construction-stage projects, or both?

Both. Project work has covered construction-stage verification tied to bank disbursement, and reviews of operating rooftop portfolios for an impact investor.

What does the output actually look like?

A written verification report structured around specific findings, not a pass or fail rating. For investment decisions, findings are framed as conditions precedent and conditions subsequent, so it's clear what needs resolving and when.

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