Info Report Check
Submission incomplete:
1: VVS para 62:
The validation report states that "Assessment team checked that during the GSC period ACM0002 version 20.0 was used in the Initial PDD version 01 as it is the latest version of the Methodology available." However, the version of the methodology used by PDD during the GSC was version 17

2: VVS-PA, paragraphs 96, 99 and 100:
The PP decided to change the capacity to 30 MW. However, there is no demonstration of investment analysis that the proposed project remains additional with the new capacity. The DOE only argued that the 40 MW is more conservative in sense of project cost with compared to 30 MW and there will be no change in tariff rate as per PPA signed for installed capacity, without assessing the change in other input values, without providing the value of the project cost for 30 MW and without assessing the impact of the change to the benchmark.

3: VVS-PA, paragraph 97:
As per paragraph 10 of tool 27 Methodological tool “Investment analysis”, input values used in all investment analysis shall be valid and applicable at the time of the investment decision taken by the project participant. The DOE is requested to explain how this has been complied with as the source for tariff, loan amount, interest rate, salvage value and IT depreciation, i.e. GERC tariff order, was available after the investment decision (Tariff order date is 31/03/2016 as stated in the validation report)

4: VVS-PA, paragraph 99(a):
The DOE is requested to explain how it validated the following input values:
(i) PLF of 23.5% being in line with EB 48, Annex- 11, option 3(b). As per PDD for GSC, the PLF of 23.5% is from Gujarat tariff order;
(ii) The MAT, service tax, surcharge and education cess. It is observed that the value of these input values has changed in comparison to the values described in the PDD for GSC while the source of these parameters remains the same;
(iii) The GBI benefit which was included in the PDD for GSC but is now removed without any information provided in the validation report.

5: VVS-PA, paragraph 110:
The PP has chosen ex ante option for the calculation of OM and option 1 for the calculation of BM, which requires the data of most recent years available at the time of submission of PDD to the DOE for validation as per the Tool to calculate the emission factor for an electricity system (Version 07.0). The DOE is requested to explain how this requirement has been complied with as the OM and BM were calculated using data year 2016-17, 2017-18 and 2018-19 whereas the validation commenced on 24/12/2016.

6: VVS-PA, paragraphs 117 and 118(b):
DOE is requested to provide an assessment of whether the monitoring arrangements, including the QA/QC procedures, are feasible within the project design and the project participants have ability to implement it.