Description

TEV Study Techno Economic Viability (TEV) study of a project encompasses the evaluation of a project for evaluating the technical and financial information about the project, with relevant data about its technological feasibility and economic viability, into one or a few criteria on the basis of which the project is recommended for selection, modification or rejection. Techno-Economic Viability (TEV) Study evaluation is to assist lenders to take a view on the acceptability of the degree of risk involved in a project. It takes into account an analysis of technological risk, market risk, regulatory risk, financial risk, etc. A critical evaluation of these parameters is essential for a meaningful TEV study. Detailed Project Report After the feasibility studies are carried out, a detailed project report (DPR) is required to be drawn up based on the data and results obtained from the studies. The preparation of the DPR is the final and most important stage of pre-investment phase of project. It consists of information on economic, technical, financial, managerial and production aspects. It enables the entrepreneur to know the inputs and helps him to obtain loans from banks or financial Institutions. LIE Report Lender’s Independent Engineer’s (LIE) Report refers to the technical due diligence report prepared by an Independent Engineer, also known as the Lender's Engineer and typically selected by the lender. Independent Engineer reviews the technical inputs (i.e. output, efficiency, O&M expenses, availability, etc.) to the financial model used by the lender and the developer/owner to justify the financing of the project.