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Techno-Economic Viability (TEV) study & Feasibility reports provide an appraisal of technological parameters of a project and its impact on the financial viability of the project. TEV study is a risk mitigation task undertaken in respect of any industrial activity prior to decisions taken by a bank, for instance, whether a bank should lend for a 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. A detailed Project Report with full financial analysis is prepared for submission with the Government/investors/other stakeholders.