A Structured Approach to Audit & Appraisals
Requirement Discussion & Scope Setup
We begin with an in-depth meeting with the project promoters and bank officials. We align on the exact audit parameters, identify potential key risk elements, and detail the technical data checklists required for the assignment.
Technical Site Visit & Data Gathering
Our project engineers conduct physical inspections of the site. We verify land ownership documents, evaluate site connectivity, check civil construction progress, audit utilities (water, power), and inspect machinery parameters against manufacturer quotes.
Technical & Financial Feasibility Analysis
Our chartered accountants model comprehensive financial projections. We calculate key indicators: Debt Service Coverage Ratio (DSCR), Break-Even Point (BEP), Internal Rate of Return (IRR), and Net Present Value (NPV), and conduct sensitivity analyses under stressful market situations.
Comprehensive Report Compilation
We compile our findings into a structured, bank-acceptable report. The TEV or LIE report covers promoter evaluation, market demand analysis, civil drawings, cost estimates, working capital requirements, and risk mitigation recommendations.
Bank Presentation & Support
Our ex-senior bankers provide presentation support, helping the promoter explain the technical parameters and financial projections to the bank's credit and appraisal committees and answering queries.
Frequently Asked Questions
What is a TEV study, and why is it needed?
A Techno-Economic Viability (TEV) study evaluates if a project is technically feasible and financially viable. Banks require this independent assessment to mitigate lending risks prior to term loan approvals.
What is the difference between TEV and LIE?
A TEV study is prepared before loan approval to check feasibility. A Lender's Independent Engineer (LIE) audit is conducted after loan disbursement to monitor construction milestones, funds utilization, and prevent delays.
How long does it take to prepare a bank-ready report?
Usually, a standard TEV Study or Detailed Project Report (DPR) takes between 2 to 4 weeks, depending on the industrial sector complexity, site size, and promoter's speed of data collection.
Planning a New Project, Bank Funding or Debt Restructuring?
Get Bank-Ready Reports Prepared by Experienced Consultants.