Hi Anup,

PV Elite 2014 can open .pvdb files created in version 2015. If the file is compressed in .pv format, it will need to be extracted. In version 2015 on the Tools ribbon, there is a 'File Extraction Utility' that will allow you to do this.
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Scott Mayeux
CADWorx & Analysis Solutions
Intergraph Process, Power, & Marine