Techno Economic Viability (TEV) study is a thorough evaluation of a project's technical and financial information to determine its feasibility and viability. This study assesses the technological feasibility and financial viability of a project and recommends whether to select, modify, or reject the project.
The purpose of a TEV study is to assist lenders in assessing the level of risk associated with a project. This study takes into consideration several factors, including technology risk, market risk, regulatory risk, financial risk, and more. A critical evaluation of these criteria is required to conduct a valid TEV investigation.
After conducting feasibility studies and a TEV investigation, a detailed project report (DPR) is required. The DPR is based on the data and outcomes of the investigations and contains information about economic, technological, financial, managerial, and manufacturing aspects of the project. It helps entrepreneurs understand the inputs required for the project and assists them in obtaining loans from lenders.
At Prosync, our team has expertise in writing detailed and comprehensive reports by conducting in-depth analysis of projects. We assist our clients in conducting TEV studies and preparing DPRs to help them make informed decisions and secure financing for their projects.