From initial techno-economic viability to phased construction disbursements.
Engineering evaluation of technical viability, civil cost estimates, and market TAM.
Assembling 10-year projected balance sheets, DSCR models, sensitivity, and IRR calculations.
Presenting the dossier to lead banks and participant financial institutions.
Negotiating interest spreads, debt-equity ratios (e.g. 70:30), and collateral covenants.
Releasing funds against chartered engineer milestone construction certificates.
A TEV study is an independent appraisal required by institutional lenders that assesses the technological feasibility, market demand, regulatory clearances, environmental impact, and financial return sustainability of a proposed greenfield or expansion project.
Yes. Project finance structures typically incorporate a construction moratorium period (12 to 24 months) during which only interest during construction (IDC) is serviced, allowing the plant to achieve commercial operations before principal repayments begin.