09:12 01 Sep 24
Registration Request for Review Form
CDM project activity/programme of activities registration request review form (CDM-REGR-FORM) (Version 03.0) |
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Reference number of the proposed CDM project activity/programme of activities (PoA) submitted for registration | 3836 |
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Title of the proposed CDM project activity/PoA submitted for registration | Construction of Sumgayit Combined Cycle Power Plant |
Please indicate, in accordance with paragraphs 37 and 40 of the CDM modalities and procedures, which validation requirement(s) may require review. A list of requirements is provided below. Please provide reasons in support of the request for review. Including any supporting documentation. | |
The following are requirements derived from paragraph 37 of the CDM modalities and procedures: | |
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The following are requirements derived from paragraph 40 of the CDM modalities and procedures: | |
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Additional information | |
1) The DOE shall further validate the suitability of the investment analysis method applied by the project activity in line with EB 62, Annex 5, paragraph 19, considering the PP has no other choice than to make an investment in the baseline scenario, and thus an investment comparison analysis would be more appropriate for investment analysis in accordance with "GUIDELINES ON THE ASSESSMENT OF INVESTMENT ANALYSIS" version 5, paragraph 19. However, the DOE has actually compared the project IRR (1.33%) with the benchmark. In addition, the DOE has not provided its validation on the IRR/NPV analysis for the other scenarios as presented in the PDD, including differential cashflow between alternative 1 & 3, differential cashflow between alternative 2 & 3, and implementing alternative 1 by considering electricity revenues. Please refer to VVM (version 1.2), paragraph 109. 2) The DOE shall validate the suitability of the input values used in the investment anlaysis, in particular OPEX, considering it is not clear why the OPEX was assumed the same between the project activity and the baseline scenario. Please refer to VVM (version 1.2), paragraph 111. |
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Date | 02 Feb 13 |
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