Techno-Economic Viability (TEV) StudyA TEV study your bank and your board can both sign off
Market, technical and financial viability of a proposed project in one bank-ready document: demand assessment, technology and process selection, capex and opex, a financial model with sensitivities and a risk register.
Is this for you?
- You are seeking project finance and the lender requires a TEV report from an independent firm.
- You want to know whether the project works before you spend on detailed engineering.
- Technology options exist and you need them compared on cost, yield and risk.
- Your board wants the downside cases, not only the base case.
What you get
- 01
Market and demand assessment
Is there demand for the output, at what price, and from whom.
- 02
Technology and process selection
Options compared on capital cost, operating cost, yield, reliability and supplier maturity.
- 03
Capex and opex estimation
Built from equipment lists, utility balances and vendor budgetary quotes.
- 04
Financial model with sensitivities
IRR, NPV, DSCR and payback under base, upside and downside scenarios.
- 05
Risk register
Technical, market, regulatory and execution risks with mitigations.
Deliverables
- TEV report (PDF) in a lender-ready format
- Financial model (Excel) with sensitivity tables
- Capex and opex basis of estimate
- Risk register
How we work
- Step 01
Kick-off
Project concept, capacity, location options and the lender's requirements.
- Step 02
Market and technology
Demand assessment with buyer interviews; process options evaluated by our engineers.
- Step 03
Cost and model
Capex, opex and the financial model built and stress-tested.
- Step 04
Report and lender support
Delivery, presentation and responses to lender queries.
Why IMR for this
Chemical and process engineers lead the technical sections; market researchers lead the demand sections.
Every cost line has a documented basis, which is what lenders and boards ask for first.
Experience across CBG, agri-processing, dehydration, chemicals and manufacturing projects.
Frequently asked questions
Is the report accepted by banks?
The report is prepared in the format lenders expect and we support you through their queries. Confirm any lender-specific requirements at scoping.
Do you do the engineering as well?
TEV covers process selection and cost estimation. Full process design is part of the Detailed Project Report.
How is a TEV different from a DPR?
A TEV answers whether to proceed; a DPR is the full project document for execution and funding.
