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).
Issue: It is not clear how the DOE has validated that the IRR of 3.2MW Zhuhe Hydro Project is 6.65% at the time of 1st CDM decision since the IRR spreadsheet for the 3.2MW Zhuhe Hydro Project has not been provided.

2: The DOE is requested to identify if the FSR has been the basis of the investment decision as per VVM v 1.2 paragraph 113 (a).
Issue 1: It is not clear how the DOE has validated FSR for the 3.2MW Zhuhe project was the basis of the investment decision since the time period between completion of the FSR (05/2004 ) and the CDM investment decision (18/07/2007) is not short.
Issue 2: It is not clear how the DOE has validated that the input values of the FSR dated 05/2004 have not materially changed and continue to be valid and applicable at the time of the investment decision dated 18/07/2007.