01:07 08 Jun 26
Info Report Check
Submission incomplete:
The DOE is requested to describe how it has validated the suitability of the input values used in the financial calculations as per VVS version 2 paragraphs 120 and 123 (a).
For investor Ajeet and Meru, the VR pages 36 and 53 state that the IRRs have been cross checked with actual tariff (Rs.4.00/kWh as per PPA) and weighted average price of REC benefits and found to be 13.68% and 8.35% for Ajeet and Meru respectively, and that the REC price per unit works out to be Rs.0.50/kWh considering the average volume of REC (41%) being traded between February 2011 to September 2013. The DOE is requested to: (i) explain how the REC price unit works out to be Rs.0.50/kWh; (ii) provide the calculation of the IRR considering these REC; (iii) justify the choice of the time frame between February 2011 to September 2013 for the REC price.
The DOE is requested to describe how it has validated the suitability of the input values used in the financial calculations as per VVS version 2 paragraphs 120 and 123 (a).
For investor Ajeet and Meru, the VR pages 36 and 53 state that the IRRs have been cross checked with actual tariff (Rs.4.00/kWh as per PPA) and weighted average price of REC benefits and found to be 13.68% and 8.35% for Ajeet and Meru respectively, and that the REC price per unit works out to be Rs.0.50/kWh considering the average volume of REC (41%) being traded between February 2011 to September 2013. The DOE is requested to: (i) explain how the REC price unit works out to be Rs.0.50/kWh; (ii) provide the calculation of the IRR considering these REC; (iii) justify the choice of the time frame between February 2011 to September 2013 for the REC price.

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