A method for monitoring plurality of equipment, comprising turbines, pumps, motors, fans, compressors, boilers, or heat exchangers, in an industrial plant using a Simple Network Management Protocol, SNMP, based network wherein a control system is associated with each of the plurality of equipment in the SNMP based network, and wherein the control system comprises a plurality of servers, at least one client, a database and a system engineering tool, which is configured to generate a configuration file for each of the plurality of equipment, wherein each of the plurality of equipment is associated with at least one server from the plurality of servers, wherein the plurality of servers is configured to retrieve one or more data from corresponding equipment and is communicatively connected with the at least one client, wherein the method is performed by the at least one client by: receiving the configuration file associated with each of the plurality of equipment, wherein the configuration file is in a generic file format and comprises equipment data associated with the plurality of equipment; identifying one or more equipment from the plurality of equipment to be capable of reporting monitoring objects in the SNMP based network, based on the configuration file; establishing communication channels for each of the one or more equipment; receiving a capability file from each of the one or more equipment through the communication channels, wherein the capability file of an equipment indicates one or more monitoring objects that the corresponding equipment is capable to communicate via the communication channels; and polling for the one or more monitoring objects from the corresponding one or more equipment based on the capability file, for monitoring the plurality of equipment, wherein each of the one or more equipment provides corresponding one or more monitoring objects to the at least one client, upon the polling, for monitoring; and wherein establishing the communication channels uses a certificate authority in Transport Layer Security, TLS, mode and further comprises: performing handshake with each of the one or more equipment using a digital certificate issued by the certificate authority to the at least one client and the one or more equipment; and verifying authenticity of each of the one or more equipment based on the handshake. receiving the configuration file associated with each of the plurality of equipment, wherein the configuration file is in a generic file format and comprises equipment data associated with the plurality of equipment; identifying one or more equipment from the plurality of equipment to be capable of reporting monitoring objects in the SNMP based network, based on the configuration file; establishing communication channels for each of the one or more equipment; receiving a capability file from each of the one or more equipment through the communication channels, wherein the capability file of an equipment indicates one or more monitoring objects that the corresponding equipment is capable to communicate via the communication channels; and polling for the one or more monitoring objects from the corresponding one or more equipment based on the capability file, for monitoring the plurality of equipment, wherein each of the one or more equipment provides corresponding one or more monitoring objects to the at least one client, upon the polling, for monitoring; and wherein establishing the communication channels uses a certificate authority in Transport Layer Security, TLS, mode and further comprises: performing handshake with each of the one or more equipment using a digital certificate issued by the certificate authority to the at least one client and the one or more equipment; and verifying authenticity of each of the one or more equipment based on the handshake. performing handshake with each of the one or more equipment using a digital certificate issued by the certificate authority to the at least one client and the one or more equipment; and verifying authenticity of each of the one or more equipment based on the handshake.