TEVs are an objective and fair feasibility study which involves considering the technical and economic viability of any project. The technical viability considers factors such as the processes and machinery involved in production, quality of products and quality of the products as compared to what the market already produces, availability of raw material, electrical supply, man-power available and so on. The economic viability involves factors such as the financial analysis including project cost, land cost, margin for working capital and means of finance as well as other factors such as revenue analysis, term loan schedule and the break even analysis.