Techno Economic Viability / Feasibility Studies
Techno Economic Viability Study & Feasibility reports provides appraisal of technological parameters of a project and its impact on the financial viability of project. TEV study is a risk mitigation task undertaken in respect of any industrial activity prior to decision taken by bank, whether Bank should lend for such project or not.
The feasibility study/TEV consultancy starts with developing the project concept to the point of evaluating its economic, financial and technical viability. The Company with our support leads a turn-key team to produce a Detailed Project Report with full financial analysis for submissions with the Government/investors. Once submitted our team also supports their fund raising program.
Techno Economic Viability (TEV) Study
The purpose of TEV Study is to provide utility to the sanctioning authority to conclude at an informed judgment as regards acceptance of the project for lending (or investment) purpose. TEV study takes into account market, regulatory, and standards- related product and also financials. Viability study, as simple meaning is the study to arrive at the two criteria to judge feasibility of the proposal which considers the cost consumption and desired value to be attained. This involves keeping in consideration, historical background of the business or project, description of the product or service, accounting statements, details of the operations and management, marketing research and policies, financial data, legal requirements and tax obligations. Generally, feasibility studies precede technical development and project implementation.
Feasibility Study
Feasibility study is carried out with the aim to determine the strengths and weaknesses of the existing business or proposed venture. The objective of conducting feasibility study is to assess the threats presented by the environment; the resources required and the prospects for success. Ratio of expected outcomes and costs required for implementation, feasibility of technology deployment within the circumstances of prevailing local and national regulations and availability of resources to keep the project operational are some of the major criteria to determine the viability of a proposed venture/existing business.
Our Deliverables
Carrying out technical viability broadly requires analysis of following parameters:
- Technical Feasibility
- Financial Feasibility
- Operational Feasibility
Our team possesses deep insight knowledge of valuation related issues and is well appraised for having technical rigor in the industry. The experience which our team has enables us to understand the project in detail and suggest operational study for the same.
Inclusive, innovative, supportive and practical.
how can we help you?
Contact us at the office nearest to you or submit a business inquiry online.