Techno -Economic Viability Study (TEV)
Techno -Economic Viability Study (TEV)
“Get your TEV study done before investing your time, money, and resources.”
Whether your project is new or already existing, every business involves risks and requires thorough planning before implementation. We help you evaluate your project in detail to determine its technical feasibility and financial viability.A TEV study acts as a risk-mitigation tool, carried out before any major decisions are made by promoters, financial institutions, government subsidy agencies, or other project partners.
Key Benefits of TEV Study
Provides a clear historical understanding of the business or project.
Helps identify new opportunities for growth and expansion.
Highlights the strengths and weaknesses of an existing business or proposed venture.
Assesses all technical aspects of the project.
Supports accurate cost estimation, cost–benefit analysis, and allocation of financial resources.
Assists in developing effective operational strategies for the project.
Evaluates legal requirements, including land, zoning, environmental, and related regulatory laws.
Estimates the expected time required for project completion.
Establishes valid justification for undertaking the project.
Determines the project’s overall potential for success.