Bundled Wind Power Project in Jamnagar, Gujarat
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Host party(ies) India
Methodology(ies) AMS-I.D. ver. 16
Standardised Baselines N/A
Estimated annual reductions* 18,437
Start date of first crediting period. 01 Jul 11
Length of first crediting period. 10 years
DOE/AE SGS-UKL
Period for comments 06 Jan 11 - 04 Feb 11
PP(s) for which DOE have a contractual obligation Vish Wind Infrastructure LLP
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 (299 KB)
Local stakeholder consultation report: N/A
Impact assessment summary: N/A
Submission of comments to the DOE/AE Compilation of submitted inputs: 
The PP states that they have considered 80% accelerated depreciation. However the PDD is silent on the tax shielding as a result from accelerated depreciation.
PPs cleverly do not consider the accounting tax offsetting in their companies while calculating the IRR. This is evident from the recently registered projects and those requesting registration.  
The DOE is therefore requested to critically analyze how the accelerated depreciation benefit has been taken into account and confirm the accounting of the cash inflows as a result of the negative tax liability in the initial years. DOE should not be misguided by the financial presented by the PP or consultant which are custom made for CDM purposes and not the actual financial considered at the investment decision.
Note that considering cash inflows results in an increase in the IRR making wind projects a profitable venture.
Submitted by: Babloo 
1.	PDD does not contain four sustainability criteria set by DNA to justify project.
2.	How much grazing land has been acquired for setting up wind farm?
3.	What would be impact of negative environmental conditions in area upon project? What would be alternatives?
4.	How many skilled/unskilled people from surrounding area were employed at this project during commissioning and operation? 
5.	Whether NOC from state departments has been issued to this project?
6.	Which CSR activities are planned for local people? Please explain in detail.

From
Hiral Mehta/Mahesh Pandya
Environmental Engineers
Paryavaran mitra
502, Raj Avenue, Bhaikakanagar road
Thaltej, Ahmedabad - 380059
Telefax - 079-26851321/1801
Submitted by: paryavaranmitra
Comment (16 KB) Submitted by: mathew

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