PNN
New Delhi [India], April 6: Dhruv Consultancy Services Limited. (DCSL) (BSE - 541302 | NSE - DHRUV), one of India's established infrastructure consultancy firms, is pleased to announce that has been empanelled with the Export-Import Bank of India (India Exim Bank) to deliver a comprehensive suite of technical consultancy services across the Roads & Highways sector.
Scope of Empanelment
The empanelment, effective April 2, 2026, enables the Company to undertake a wide range of assignments, including:
- Preparation and vetting of Techno-Economic Viability (TEV) Reports, Project Feasibility Reports (PFR), and Detailed Project Reports (DPR)
- Acting as Lender's Independent Engineer (LIE) for project monitoring, ensuring technical compliance and progress oversight.
The empanelment also authorizes the company to undertake DPR preparation and feasibility vetting for loan appraisal purposes, strengthening its role in institutionally funded infrastructure projects.
In addition, the empanelment also covers broader advisory capabilities such as socio-economic impact assessment (SEIA) and procurement expertise, enabling the Company to support projects from evaluation to implementation.
The Company meets stringent eligibility criteria, having executed at least three assignments across DPR/TEV preparation, vetting, and LIE services, including one in India, with the empanelment valid for up to three years, enabling participation in project-specific assignments.
This development marks a significant milestone in the Company's growth journey, strengthening its association with a premier financial institution and reinforcing its credentials as a trusted partner across the infrastructure lifecycle from project conceptualization and evaluation to execution monitoring.
Strategic Significance
- Market Expansion: This empanelment opens doors for LIE services in both domestic and international markets, with the segment estimated at approximately ₹100 Crs per annum, positioning the Company to capture an estimated ~25% share of this high-value advisory space over the next three years.
- Operational Efficiency: The associated workstreams can be efficiently executed through optimal utilization of existing head office resources and professional manpower, ensuring scalability without significant cost additions and creating potential for enhanced profitability.
- Full Lifecycle Presence: With capabilities spanning project preparation (DPR, TEV, PFR) to project monitoring (LIE), the Company is well-positioned to deliver end-to-end support across the infrastructure project lifecycle.
- Financial Integration: The empanelment creates opportunities to engage in projects backed by institutional financing, strengthening the Company's technical credibility and deepening its integration within the infrastructure financing ecosystem.
Commenting on the development, Mrs. Tanvi Dandawate Auti, Managing Director, stated, "We are pleased to be empanelled with India Exim Bank for a comprehensive range of consultancy services. This empanelment reinforces our technical capabilities and domain expertise across the infrastructure lifecycle, from project planning to execution monitoring.
It also opens up new opportunities to collaborate on infrastructure projects supported by institutional financing, further strengthening our presence in the Roads & Highways sector. We remain committed to delivering high-quality, data-driven consultancy services aligned with industry standards and client expectations."
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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