An independent validation was conducted for the cost of expanding a battery cell manufacturing plant from 5 GWh to 6.4 GWh, covering construction, equipment, and utilities through technical and compliance assessments.
The company faced the challenge of justifying the cost of expanding its battery cell manufacturing plant from 5 GWh to 6.4 GWh. This required a third-party validation to ensure the proposed expenses for construction, equipment, and utilities were accurate and aligned with industry standards. The complexity of the project demanded a detailed technical assessment, including design, technology, and compliance reviews. Additionally, benchmarking against similar projects was essential to support transparency and informed decision-making.
The company had to manage the technical complexity of expanding its manufacturing capacity, which involved evaluating construction plans, equipment specifications, and utility requirements. Ensuring internal alignment across teams and maintaining compliance with design and operational standards added to the difficulty.
Externally, the company needed credible third-party validation to justify its project costs, which required benchmarking against similar industry projects. Navigating regulatory requirements and securing stakeholder trust through transparent cost assessments were also key hurdles.
D&B-India supported the company by conducting a comprehensive technical assessment to validate the proposed project costs for the plant expansion. Their evaluation included reviewing design and construction plans, production equipment, utilities, and compliance requirements. Additionally, D&B benchmarked the project against similar industry cases using quotation reviews, literature studies, and research insights. This helped ensure the cost estimates were realistic, justified, and aligned with industry standards.
Product
Project Appraisal Services
Industry
EV Battery Manufacturer
Function
Project Cost Vetting
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