financial appraisal of pr /expansion pr / revised pr/ updated cost estimate of project report/revised cost estimate of pr of five ( 5 ) no of projects by financial institution or reputed professional organization having expertise in the area . , item description/ heading , 1 . financial appraisal of the project report/ expansion project report/ revised project report/ updated cost estimate of project reports/revised cost estimate of project report of five ( 5 ) no of projectsfinancial appraisal would involve evaluation of the project by alternative option by way of review and scrutiny of the revised project report to ensure its financial viability . 2 . financial modeling , factors affecting projects ( 5 nos . ) financial viability & resource requirement:a detailed computer generated financial model would be developed to represent the base case . the factors affecting financial viability of project should clearly be spelt out and elaborated . the appraiser will also formulate the expenditure projection , revenue generation , etc . considering likely realisation and estimated outlay of the project under review . 3 . sensitivity analysis ( 5 nos of projects ) :a full sensitivity analysis will be performed to assess the sensitivity of the base case projections to any macro - economics and operating variables . 4 . project risk with mitigation mechanism ( 5 nos of projects ) :risk analysis would involve identification of various risks associated with the project and suggest steps to be taken for mitigation of risks . 5 . presentation and submission of final financial appraisal report of 5 nos of projects:the firm will submit 5 copies of financial appraisal report of each project after completion of the work . the firm will be required to make presentation of financial appraisal report before the ccl board/ empowered sub committee of ccl board . for projects valued more than rs . 500 crore , presentation of financial appraisal report will also be required before the cil board / empowered sub committee of cil board . if required suitable modification as per the directive of the authority where the report is presented , should be done by the firm , and the modified financial appraisal report to be submitted by the firm to the company incorporating the modifications . , total impact of gst for the purpose of ctc