19.5 MW Wind Power Project of NuPower Renewables Limited
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Host party(ies) India
Methodology(ies) ACM0002 ver. 12
Standardised Baselines N/A
Estimated annual reductions* 47,001
Start date of first crediting period. 01 Apr 12
Length of first crediting period. 10 years
DOE/AE KBS Certification Services Limited
Period for comments 11 Nov 11 - 10 Dec 11
PP(s) for which DOE have a contractual obligation NuPower Renewables Limited
The operational/applicant entity working on this project has decided to make the Project Design Document (PDD) publicly available directly on the UNFCCC CDM website.
PDD PDD (980 KB)
Local stakeholder consultation report: N/A
Impact assessment summary: N/A
Submission of comments to the DOE/AE Compilation of submitted inputs: 
DOE to check whether tax holiday is corrected applied in the financial calculations i.e. 10 years strict tax holiday and not payment of any type of tax whatsoever. 

DOE to check whether the tax benefits (tax shielding) is correctly applied. Also, for tax shielding the corporate tax should be applied.

In case MAT is also applied, DOE to check the correctness of MAT calculations. Also, check whether MAT credit is considered correctly.

The project cost should be compared with that indicated in the applicable tariff order available at the time of investment decision making. 

The technology supplier can charge a premium price for the WTGs so that the project becomes additional for CDM benefits.

DOE to validate whether a unlevered beta or levered beta would be applicable with proper justification and appropriate reference. An unlevered beta is most appropriate as it leads to a conservative benchmark and hence should be used.

Do the validators used by DOE have the competency to validate the financial sheets presented by the PP or are they taking help from external financial experts.
Submitted by: Babloo

The comment period is over.
* Emission reductions in metric tonnes of CO2 equivalent per annum that are based on the estimates provided by the project participants in unvalidated PDDs