Anurag Verma, Assistant Vice President at Synergy Consulting, Inc., shares insights on the Development Process for Infrastructure Projects

بواسطة | أغسطس 26, 2025 | رؤى الصناعة

Building successful infrastructure project demands more than vision. It requires a clear sequential approach that balances technical design, financial support, regulatory compliance, and sustainable development. When all these elements align, projects evolve into enduring landmarks that serve communities for generations.

Stage 1: Laying the Groundwork

This stage outlines the fundamental requirements of any project. To determine the viability, sustainability plays a key role in the development process. The following activities are considered in this stage:

Feasibility Studies: Review market dynamics, regulations, technical requirements and local conditions to spot risks and opportunities early.
Land & Permitting: Secure land, permits and regulatory requirements.
Outline Concept Design: Define project scope, key technical and sustainability requirements.
Investment and Finance: preliminary cost, financing and investment profile including revenue streams to support any project.

Stage 2: Proof of Concept and developing the Project

The second stage focuses on detailed design and scope to ensure a sustainable investment and offtake structure which allocates contracts and revenue streams that meet the project requirements. This second stage includes the following:

Technical Studies & permitting: Conduct site, connections, environmental, and social assessments.
Contractor Selection: Select construction and operation partners.
Project agreement and Contract Finalization: Review key agreements to manage risk allocation.
Tariff Finalization: Confirm cost estimates to ensure financial sustainability of the project.

Stage 3: Financial Close is the Green Light to Build

This critical stage of the development now has funding and contracts in place to allow for construction and commercial operation of the development. In this stage the following activities are finalized:
Contractual and financing documents: Finalize loans and contractual agreements.
Approvals: Investors and Lenders confirm due diligence, financial and commercial support.
Construction: Fulfill all requirements to unlock funds and begin construction.

Conclusion:

Why This Structured Approach Matters Today
A structured approach to any project development openly builds trust with investors, lenders and offtakers to ensure a successful project.

Synyergy Consulting IFA is a global leader in development and financial advisory, supporting infrastructure projects worldwide. With a strong international network, we offer full development advisory services—from initial concept to operation—ensuring successful, transformative social infrastructure delivery.

Anurag Verma PMP®