Ba Thuoc 2 Hydropower Project
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Host party(ies) Viet Nam
Methodology(ies) ACM0002 ver. 11
Standardised Baselines N/A
Estimated annual reductions* 145,143
Start date of first crediting period. 01 Jan 10
Length of first crediting period. 7 years
DOE/AE TÜV NORD CERT GmbH
Period for comments 27 Mar 10 - 25 Apr 10
PP(s) for which DOE have a contractual obligation Vitol S.A.
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 (1117 KB)
Local stakeholder consultation report: N/A
Impact assessment summary: N/A
Submission of comments to the DOE/AE Compilation of submitted inputs: 
Dear Sirs,

As the information on the PDD, I have some comments:

The project developer has constructed the project of Ba Thuoc 1 with 60 MW capacity and Ba Thuoc 2 with 80 MW capacity, the two projects need to be  developed together for utilizing its infrastructure cost: road to the site, transmission line, grid connection which can be used both projects, therefore, the investment cost should be budgeted for 02 projects together why in the published PDD, the project developer only considered Ba Thuoc 2 of 80 MW, furthermore, implementation of  Ba Thuoc 1 with 60 MW, the power generated of two projects can be up to 700 million KWh/year compared with stand alone Ba Thuoc 2 with 284,504 million KWh/year as stated in the PDD, considering, 02 projects implementation, with total investment of 2,400 bill., power generated 700 million KWh with 746 VND/KWh, without CDM revenue the projects are high profitable, moreover, besides acquiring land for the 02 power projects, the project developer on ore mining work in the same area.  

The financial structure of the published website of the project developer stated that the local bank offering 60 percent of the project's total investment capital, the rest of the project developer's ownership capital why the PDD sated Loan: equity ratio is 70:30.

The PDD page 25 still left the name another project of Dak Srong 2 project

In the section Other Barriers – Technological of the PDD , the project developer published in the website as the biggest private company in Vietnam and experience of construction 13 hydro power projects, so the PDD did not reflect the actual situation.

Ba Thuoc 1 & 2 information published by the project developer is obtained in the following link http://www.hagl.com.vn/index.php?l=en&m=thuydien&cid=17&id=1102


Regards,

Nguyen Anh Tuan
Climate Change Researcher
Submitted by: Nguyen Anh Tuan

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