TEV Study's value to a project or company: Sapient Services

 

The Techno-Economic viability (TEV) Study assesses the technological aspects of the project and how they will affect its financial feasibility. Prior to making loan decisions for projects, banks and financial institutions perform a TEV assessment as a risk reduction exercise.

Using TEV Study, you may evaluate various dangers.

No project can be totally risk-free, so a Techno-Economic Viability Study (TEVS) analyzes the level of technical risk coupled with financial viability to help lenders determine whether the level of risk involved in a project is acceptable. Technology, market, regulatory, and financial risks are all taken into account in a TEV study. For a study to be meaningful, these parameters must be critically evaluated. The development phase is the start of a continuous process that lasts until the project is finished.

 

Goal of the TEV Study

The following are the reasons why banks, engineering corporations, asset reconstruction companies (ARCs), and other institutions need this study:

project loan assessment

Funding for projects, including Term Loans

Bringing back in troubled assets

To manage your team more effectively, develop your leadership skills.

Save money without compromising quality

Automate your business

Gaining a complete understanding of the project specifications, resource allotments, accounting statements, legal requirements, tax duties, financial data, etc., is the main aim of this research. Before technical development and project implementation, this analysis is necessary to ascertain whether the project will be lucrative or not.

 
Gains from the TEV Study

You should have a good notion of whether the project has a fair chance of succeeding even before you decide how much time, effort, and human resources to devote to it.

Improve the project team's concentration and effectiveness.

to help you recognize and grab fresh chances.

Before you start the project, they may assist you in understanding the hows and whys.

Give yourself time to simplify your corporate alternatives.

Identify issues before they arise and aid in their resolving.

helps reduce risk

Give team members and stakeholders insightful information on all potential project outcomes.

All of the information required to decide whether to lend money to or invest in a project is included in this study. You can get a TEV Report from Rakesh Narula & Co. that details both the advantages and disadvantages of a project.

 

Important Areas

Assessing the project's sponsors

 A company venture's ability to secure funding is also influenced by the sponsors' backgrounds. The financial and personal histories of the promoters must therefore be disclosed in a TEV report. Additionally, a key factor in evaluating if you will get the cash you need for your project is their track record.

Selecting a competent team to oversee the project

A project's team is also essential to its success. It is advised that project participants have knowledge of things like finances, human resources, project implementation, and other things.

Technical assessment

The technological aspects of the project must be evaluated in order to produce positive results in the future. Deep research on the newest technology tools as well as other crucial resources must be done beforehand.

Availability of funds

The project's financial viability is one of the study's most crucial elements. It implies that the project must produce enough cash flows after it is finished to pay off the loan. When establishing a company's financial sustainability, a variety of elements are taken into account, including capital requirements, term loan requirements, ratio analyses, and more.

Market Research

The project concept must satisfy the needs of the foreseeable market. Future supply and demand must be adequate to accommodate marketing trends. As a result, this issue needs to be taken into account when creating a feasibility study.

Sensitivity analysis and simulation analysis

To calculate the potential results and possibilities of any action, you use this method, which involves performing endless calculations. This financial model is widely used to predict a decision's outcome based on a number of different factors. To assess the project's financial sustainability in this instance, you look at the effects of changing important underlying assumptions, such the price of sales and raw materials.

When beginning a new firm or growing an existing one, TEV Study is a crucial part of project management. A trustworthy study can help you lower project risks and give you a fair assessment of the project's benefits and drawbacks. Eliminating problems with your project before you start will pay off handsomely, and you'll be able to get more funds to realize your goals. Therefore, while putting up your study, always choose professionals from the investment banking industry.

Concerning Sapient Services

In April 1988, M/s Malhotra Associates was purchased by Sapient Services. The organization initially focused on third-party inspection, risk assessment, damage assessment, plant and machinery appraisal, and Chartered Engineer certification. A government-registered valuer, Sapient Services Pvt. Ltd., with offices in Mumbai, works with chartered engineers, insurance surveyors and damage adjusters, risk inspectors, and assessors. It offers excellent Chartered Engineering Services in contrast to other organizations. The company has handled more than 15000 cases including marine cargo, engineering, fire surveys, and varied size claims since its founding seventeen years ago.