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).
i)As per page 50 of the Validation Report ," the TNERC Order dated 20/03/2009 the PLF for the wind mills located in this pass is specified as 28.21 %". Furthermore in the same page of the VR states "TNERC in its order dated March 20, 2009 has recommended derating at 1% from
11th year .Since this project is located in Tamilnadu, it has followed TNERC Order, "The DOE is requested to provide further information on why the PLF is not taken from the tariff order whereas the derating to the net generation is applied as per the tariff order. The DOE is also requested to substantiate the appropriateness of the value of PLF used in the IRR calculation since this is a "guaranteed generation" by the WTG supplier.
ii) The DOE is requested to provide validation opinion on the Salaries & Admn.expenses used in the IRR calculation as information regarding this component is missing in the Validation report.

2: 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 PP/DOE is requested to submit the benchmark calculation spreadsheet