Guidelines for The Preparation of Feasibility Report for Industry and Mining Projects

Abstract

Need and justification of the project based on technical necessity and/or demand supply analysis of the product. The issues that need to be discussed here pertain to identification of the basic objective(s) or need which is sought to be fulfilled by the implementation of the proposed project and the importance accorded to the stated objective(s) in the Plan. The need for the project should be justified from a broad assessment of demand and supply as per the format indicated at PFR-2. The basis and the assumptions underlying the demand supply projections should be spelt out in detail. In case of export oriented units, international demand and supply scenario must be backed by analysis of trade statistics and projections/authoritative forecasts made by reputed experts giving basis of their forecasts. Justification for technical necessity must be supported by adequate details in quantitative terms about the benefits likely to accrue in meeting the objectives of the project.