Wind Power Project by Astra Lifecare (India) Private Limited at Gujarat, India
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Host party(ies) India
Methodology(ies) AMS-I.D. ver. 16
Standardised Baselines N/A
Estimated annual reductions* 7,210
Start date of first crediting period. 01 Oct 11
Length of first crediting period. 7 years
DOE/AE SGS-UKL
Period for comments 04 Jun 11 - 03 Jul 11
PP(s) for which DOE have a contractual obligation Astra Lifecare (India) Private Limited
The operational/applicant entity working on this project has decided to make the Project Design Document (PDD) publicly available directly on the UNFCCC CDM website.
PDD PDD (377 KB)
Local stakeholder consultation report: N/A
Impact assessment summary: N/A
Submission of comments to the DOE/AE Compilation of submitted inputs:
WACC of 13.25% will mean return of more than 26% on equity. This is no where near the RoE recommended by GERC and EB in its 61st  meeting. 

PLF has been considered at 17.8%. GERC has recommended PLF of 23%. DOE should check the PLF achieved  by the windmill since inception. Anyway, it should not be less than 23%

The tariff of Rs.4.49/kWh assumed for power cost saved is not correct. It is much higher. DOE should check the power bill. This will reveal that the power tariff has been considered at lower level

Depreciation applicable to this project is 100%. Additional depreciation has not been considered.

PP should not be allowed to introduce any new expenditure which is not disclosed in PDD at a later point of time, or modify any input values during validation which will bring down the IRR.
Submitted by: Karthikeyan

Comment (23 KB) Submitted by: E-0010 SGS official account

Comment (37 KB) Submitted by: E-0010 SGS official account


The comment period is over.
* Emission reductions in metric tonnes of CO2 equivalent per annum that are based on the estimates provided by the project participants in unvalidated PDDs