Info Report Check
Submission incomplete:
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).
The DOE did not provide information on the validation of the following values used in the benchmark calculation:
(a) the applied rate of inflation (i.e., 7.75%, average for 2010-2014) and;
(b) the appropriateness of considering the value of 12.75 % as the real interest rate, while as per EB62, annex 5 it is the default value for the "expected return on equity".