As the Company Secretary of EcoRenewables Energy Ltd., identify and justify the five essential feasibility studies necessary for a proposed hydroelectric power project in a remote region in Odisha. Subsequently, outline

There are five types of feasibility studies mentioned as under: S. No. Type of feasibility Reason for conducting study 1. Legal Feasibility Performed to understand if the proposed plan conforms to the legal and ethical requirements. 2. Economic Feasibility Involves a cost benefits analysis to identify how well, or how poorly, a project will be concluded. 3. Technical Feasibility Process of validating the technical resources and capabilities to convert the ideas into working systems. 4. Operational Feasibility Performed to understand well a proposed system solves the problems 5. Scheduling Feasibility Measure of how reasonable the project duration is. Due diligence in project finance is a process that consists of multiple steps to ensure the most comprehensive analysis: 1. Assessment of promoter history and background; 2. Evaluation of the company and project business model; 3. Legal due diligence; 4. Detailed Analysis of financial statements of the project and its and capital structure; 5. Determine major risks associated with the project; 6. Analysis of tax effects; 7. Credit analysis and evaluation of loan terms; 8. Project valuation.