Feasibility Study

CHALLENGES

In today’s marketplace, establishing the economic viability of a project is paramount to attract investments and attain overall success of the project. The biggest question is whether the project is worth all the time and money. These questions increase importance of a well designed feasibility study.

Conducting feasibility study can be tricky for the clients as it amalgamates assessment of both technical and commercial viability. Overall attainability of the project goals needs integration of innovative technologies and relevant business models. Many clients are puzzled over the need for rethinking the entire plan.

The clients need answers to all possible “what ifs” that will enable step change growth. To make a project successful, the clients need to increase NPV and IRR on their investments.

SOLUTIONS

Energy and Process: We know you care for your worker’s health and safety. We are aware of your conscious efforts directed towards reduction of GHG emissions and noise pollution. Working with our clients all these years have also made us conscious of the fact that they are constantly worried about the soaring ventilation costs incurred in an underground mining environment and the spiralling operational cost and maintenance cost. Thanks to the recent advances in battery technology which made battery-propelled equipments a plausible alternative to the existing diesel-powered equipments. Leveraging our expertise in electric powertrains, we conduct a detailed feasibility study with intent to increase your project’s efficiency and streamline your entire process. For instance, the benefits of using an electric truck in place of a diesel truck are becoming more well-known in mining industry and larger benefits are projected if the whole mine as a system is considered from the initial design concept.

Fleet Management: We match all the assumptions with real-world data acquired through our telematics system to do predictive analytics on your fleet. The data supports budgetary decisions by accurately forecasting the overall return on investment. After conducting hundreds of similar assessments on heavy industrial/mobile equipment we know how to find hidden savings in full fleet deployment.

Productivity: We think beyond orthodox methods which limit your equipment`s performance and insist on integration of innovation technology. We assist you in successfully identifying all the bottlenecks and finding solution by focusing on adapting transformative technologies. We begin by presenting a thesis and follow through with a proof of concept. Our aim is to “fail fast” with minimal spend to find step change productivity improvements in a customer operation.

Related Projects

Hours: Mon - Fri: 9 Am - 5 PM

Saturday and Sunday - CLOSED

Phone: +1 (705) 443-8440

info@altdrivesystems.com

Collingwood ON., Canada

Ocala FL., USA