Nitesh Shrivastava — Civil Engineer Government Approved P&M Valuer | IBBI P&M
The Civil Engineering foundation for P&M valuation is the most commercially important capability in plant and machinery valuation — and one most frequently absent in non-engineering valuers.
Engineering-led P&M Valuation
- 01 Civil Engineering Foundation
- 02 Government Approved Valuer
- 03 Section 34AB · Category IV
- 04 IBBI Registered Valuer · P&M
The Civil Engineering Foundation for P&M Valuation
The most commercially important capability in plant and machinery valuation — and the one most frequently absent in non-engineering valuers — is the physical condition assessment that determines the actual depreciation rate for individual pieces of equipment.
A Civil Engineer trained in structural, mechanical, and electrical engineering principles can:
Assess the structural condition of a press frame for fatigue cracks.
Evaluate foundation integrity for a compressor or boiler and determine whether the civil structure affects operational status.
Identify signs of poor maintenance in an EOT crane's running gear through direct physical examination.
Evaluate the installation quality of electrical distribution equipment and identify operational or safety risks.
Physical Inspection Before Depreciation Assessment
A financial valuer applying standard depreciation tables from an age schedule — without physically inspecting the equipment — may produce a depreciation rate that is materially wrong in either direction. Nitesh Shrivastava's Civil Engineering qualification is the direct enabler of the physical condition assessment that underpins every P&M certificate.
The Building vs P&M Boundary Determination
For every factory or industrial property P&M valuation, the Civil Engineer must determine the boundary between the immovable building component (Category I) and the movable plant and machinery (Category IV).
This is the contested boundary that affects SARFAESI enforcement scope, IBC CIRP asset classification, and the income tax assessment of capital gains on different asset categories.
Explore the Building vs P&M Framework