Wind Power Project Activity by Hindusthan Vidyut Products Limited
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Host party(ies) India
Methodology(ies) AMS-I.D. ver. 16
Standardised Baselines N/A
Estimated annual reductions* 11,666
Start date of first crediting period. 01 Sep 11
Length of first crediting period. 10 years
DOE/AE LRQA Ltd
Period for comments 01 Feb 11 - 02 Mar 11
PP(s) for which DOE have a contractual obligation Hindusthan Vidyut Products 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 (312 KB)
Local stakeholder consultation report: N/A
Impact assessment summary: N/A
Submission of comments to the DOE/AE Compilation of submitted inputs: 
•	Moreover is the beta calculated is levered or unlevered? Are the companies taken to calculate the beta truly reflecting the investment profile of the project participants with that same large scale?
•	How the benchmark calculated is appropriate and applicable to this project activity in the
decision making context. Also the DOE is requested to check whether each and every project proponent has used the same benchmark consistently for all their previous investments earlier.
•	Since O&M contract is signed for most of the WEGS and all the maintenance related activities are covered by the service providers themselves, PP is requested to provide the rationale behind taking the administrative cost. This is just to decrease the IRR I guess.
Submitted by: Watson 
Why has the PP considered Reliance Infrastructure Ltd for beta determination when Reliance Infrastructure Ltd. has many other businesses other than pure power generation? How come the risk profile of Reliance Infrastructure Ltd match with the project activity which involves wind electricity generation?

What is the vintage considered for beta determination? Is considering only one year appropriate?

Why BSE 500 index is considered? DOE to evaluate whether the PP has made any other investments considering the same index. Why not BSE Sensex? Only because BSE 500 results in a higher benchmark??

Project cost seems to be very high. Are the quotations real or fabricated?
Submitted by: Babloo 
Why has the PP considered Reliance Infrastructure Ltd for beta determination when Reliance Infrastructure Ltd. has many other businesses other than pure power generation? How come the risk profile of Reliance Infrastructure Ltd match with the project activity which involves wind electricity generation?

What is the vintage considered for beta determination? Is considering only one year appropriate?

Why BSE 500 index is considered? DOE to evaluate whether the PP has made any other investments considering the same index. Why not BSE Sensex? Only because BSE 500 results in a higher benchmark??

Project cost seems to be very high. Are the quotations real or fabricated?
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