Techno Economic Viability Studies

Techno Economic Viability Study & Feasibility reports provides appraisal of technological parameters of a project and its impact on the financial viability of projects. TEV study is a risk mitigation task undertaken by Banks / Financial Institutions, priorto decision taken by a bank or financial institutions on its lending decisions and to understand the risks inherent in any financing / investments in project whether they should lend for such project or not.

TEV Study
TEV study considers an analysis of market risk, regulatory risk and also financial risk. 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.

Feasibility study
To determine the strengths and weaknesses of the existing business or proposed venture we need to do Feasibility study. 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. Generally, feasibility studies precede technical development and project implementation.