Techno Economic Viability (TEV) Study

• 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.
• It is imperative that no project can be absolutely risk less, the analysis of the degree of technical risk and associated financial viability, by performing Techno-Economic Viability Study (TEVS) is to assist bank & regulatory bodies to take a view on the acceptability of risk level.
• 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 .To carry out critical analysis of technical feasibility, we must have enough knowledge; economic & regulatory environment to discuss what has been presented by the creator and proposed improvement to bring the projects.

Carrying out technical viability broadly requires analysis of following parameters:

1. Technical Feasibility 
2. Economical Feasibility 
3. Financial Feasibility 
4. Operational Feasibility