Info Report Check
Submission incomplete:
1: The DOE is requested to include information on how it has validated the input values to the financial calculations as per VVM v 1.2 paragraph 114 (a).
In particular : (i) rate of residual value; (ii) depreciation period; (iii) amoritization period; (iv) debt equity ratio;(v) formation rate for fixed assets and (vi) annual O&M cost ( individual items of annual O&M cost shall be validated seperately and clarify how "Interim Rule on Economic Assessment of Electric Engineering Retrofit Projects" and "Economic Evaluation Methods and Parameters for Construction Project" are applicable to this kind of project).

2: The DOE is requested to provide information on how it has validated the suitability of the benchmark as per VVM v 1.2 paragraph 114 (b).
It apprears that the chosen benchmark is euity IRR with tax ( page 105, Validation Report) whereas the chosen financial indicator of the proposed project is project IRR after tax. Please clarify.

3: The DOE is requested to address the changes made to the project deign since the global stakeholder consultation was conducted as per VVM v1.2 paragraph 173(c).
The DOE is requested to list major changes made between final version of PDD and PDD version published for global stakeholder consultation.