Info Report Check
Submission incomplete:
1: The PP/DOE are requested to describe in detail the calculation of ex-ante emission reductions ( with actual data and equations) as per EB 48 Annex 60 paragraph 10 (a).
Issue:
The ex-ante electricity generation estimate for 2016 and 2017 used for emission reduction estimation is inconsistent with the one used for the financial analysis. Please clarify.

2: The PP/DOE are requested to list all the data and parameters to be monitored in line with applied methodology as per EB 48 Annex 60 paragraph 10 (a).
Issue:
Although according to the PDD diesel consumption is expected to take place (PDD, p.6), the monitoring plan does not include the parameter PE_FF,y as required by ACM0002 ver 12.

3: 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:
- The PDD (p. 14) states that the tariff is expressed in 2010 real terms, whereas the VR (p. 25) indicates that the same tariff is expressed in 2008 real terms. Please clarify this inconsistency.
- No information was provided regarding validation of refurbishment costs.
- The PDD (p. 15) indicates a different source for the debt / equity ratios as compared to the one indicated on the VR (p. 23). Please clarify.
- The VR states that the construction period will be of 4 years (see e.g. p. 8 and p.25), whereas the spreadsheet considers a total of 5 years.
- No validation opinion was provided regarding the generation estimate for the first and second year of commercial operation of the project.