Info Report Check
Submission incomplete:
1: The DOE is requested to confirm the accuracy of the financial calculations carried out for the investment analysis as per VVM v 1.2 paragraph 114 (c).
Issue:
a). The DOE is requested to clarify how it has validated the accuracy of the investment analysis given that the PDD and IRR spreadsheet state the IRR as 11.25%, whereas the validation report page 136 and 142 states IRR 10.92%.
b). The DOE should clarify the name of the entity "North Eastern Cables and Conductors Pvt. Ltd." given in the board note dated 15/12/2008; whereas, the validation report and PDD mentions the PP name as "Brahmputra Infra Power Private Limited (BIPPL)". In doing so, the DOE should clarify who has signed the EPC contract on 23.06.2010 with Boving Fouress Pvt Limited.

2: 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:
a). The DOE is requested to clarify how it has validated the suitability of subsidy applicable to the proposed project activity, given that only 30.1 million INR has been taken as cashflow in the IRR calculations; whereas the total subsidy from Ministry of New and Renewable Energy (MNRE) for SHPs has been validated to be 60.3 million INR. In doing so, the DOE shall further explain how the subsidy has been derived as per MNRE scheme.
b). The DOE is requested to clarify the PLR published by the Reserve Bank of India prevailaing at the time of project starting date i.e. 23/06/2010.