No project can be absolutely risk free and hence the analysis of the degree of technical risk and associated financial viability, through a Techno-Economic Viability Study (TEVS) is necessary to assist lenders to take a view on the acceptability of the degree of risk involved in a project. For more: – https://www.resurgentindia.com/project-techno-economic-viability-studywhy-do-we-need-it
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