Feasibility Study: Case of a Biomass Project
After the final approval from the board, it will release the funds, so it’s a big step, may be even the biggest. It’s not just a rubber-stamp process; the board will look very carefully at the feasibility study prior to making a decision.
– Kimball Hansen
ISGEC Heavy Engineering Ltd., a diversified global engineering company based in India was established in 1933. It was a INR2434 crore multi-product, multi-location public company providing engineering products to customers across 76 countries. It had been ranked 309 in the ET500 listing, 329 in the Fortune India 500 listing and also ranked at No. 198 (Standalone net sales rank) in the Business Standard BS1000 companies list released in March 2012.
The company operated with the following business units – Process Equipment, EPC Power Plants, Boilers, Sugar Plants & Machinery, Mechanical & Hydraulic Presses, Steel & Iron Castings, Contract Manufacturing, and Trading.
The major target sectors for the company were Power, Oil & Gas, Automobiles, Fertilizers, Sugar and Defense. With a team of over 4000 employees, including 700 qualified engineers and over 450 designers, the company had its manufacturing plants and design offices spread across India in Haryana, Uttar Pradesh, Gujarat, Tamil Nadu and Maharashtra................
Exhibits
Exhibit I: Electric Power Consumption in Guatemala (in Kwh)
Exhibit II: Investment cost of the Project
Exhibit III: Cash Flows from Biomass Project
Exhibit IV: Other Financials (in INR crore)