TEV Study

Introduction to TEV Study

At Shreekari Business Consulting & Research Pvt. Ltd., we provide a tailored TEV Study (Techno-Economic Viability Study) service. These are performed to determine whether or not your project is technically sound and financially viable. Conducting a TEV Study is vital for any business that is seeking project funding or considering investing in a long-term investment.
TEV Studies for projects typically include an assessment of the project technology, initial capital and ongoing operating costs, market potential, raw material availability, financial projections and risk factors. We have experience conducting TEV Studies in many sectors, including renewable energy, manufacturing, and infrastructure, and we pride ourselves on ensuring that our reports are suitable for, and align with, leading banks and financial institutions (ex, SBI, SIDBI, IREDA, etc.).
Our TEV Studies effectively merge engineering input with financial modelling so that decision-makers can base their decisions on a clear, data-driven structure for confident decision-making and project delivery.

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Detailed Service Overview

Technical Assessment:

As part of our TEV Study services (technical, economic, and viability assessment), our consultants conduct a thorough assessment of every technical aspect of your project, which includes the technology being used, operational processes, and compliance with relevant technical standards. A TEV Study also assesses the environmental effects of the project, the extent to which it can be scaled, and any technical risks associated with its implementation. Our ability to carry out a complete technical assessment, as part of the TEV Study, can help identify and/or mitigate any technical issues that can act as potential hindrances, thereby contributing to a prerequisite for bankability and execution.

Economic Viability Analysis:

The economic viability of a project is just as important and is an integral part of TEV Study services. Our team carries out a financial analysis as part of the TEV Study to consider costs and benefits, expected revenue, and profitability. We evaluate market conditions, competitive behaviour, and any economic risks that need to be considered, giving a thorough overview of the project’s financial viability. This analysis will play an important role in securing funding as it demonstrates that the project is capable of generating sustainable returns that will meet lender and other financial institution expectations.

Risk Assessment and Mitigation:

Every project comes with its own set of risks. Our TEV consulting services include a thorough risk assessment to identify potential threats to the project’s success. We develop strategic mitigation plans to minimize these risks and ensure the project stays on track. From market volatility to technological uncertainties, our consultants are equipped to handle complex challenges.

Regulatory and Compliance Review:

Compliance with regulations is a central part of any successful project. Our consultants ensure that our TEV Study is compliant with all the applicable laws, industry standards, and regulatory requirements. We assist with the complete process of obtaining the required approvals, permits, and licenses and will reduce the possibility of project delays or interruptions from lawsuits or permits. Our review of the regulatory frameworks will ensure that your project is compliant with institutional and governmental standards and is thus investment-ready and finance-compliant.

Bank Liaison and Support:

Funding is a crucial component in the overall success of a project. As part of our TEV Study services, our consultants work directly with banks, lenders, and financial institutions to facilitate the loan approval process. We will develop detailed project reports and financial models to fulfill stricter requirements of lenders. With existing relationships with established, leading banks and NBFCs, we can ensure your project receives the needed financial support—effortlessly and with confidence.

Benefits of TEV Consulting

Informed Decision-Making:

Through our TEV Study services, you can have the vital information and strategic insights you need to make knowledgeable decisions regarding your project. By assessing both the value of the project technically and economically you’ll be better prepared to proceed with clarity and confidence and less risk.

Enhanced Project Viability:

Through our complete TEV Study, we support strengthening the technical and economic viability of your project, whilst improving the chances of success and reducing the chances of failure.

Risk Management:

Our risk assessment and mitigation strategies protect your project from potential threats, ensuring it stays on track and within budget.

Regulatory Compliance:

We ensure that your project complies with all relevant regulations, reducing the risk of legal complications and delays.

Financing Support:

Our expertise in liaising with banks and financial institutions increases your chances of securing the necessary funding for your project.

Tailored Solutions:

We understand that every project is unique. Our TEV consulting services are tailored to meet the specific needs of your business, ensuring optimal results.