VERIFICATION REPORT AND CERTIFICATION STATEMENT

LGAI Technological Center, S.A. Campus UAB – Ronda de la Font del Carme, s/n

08193 Bellaterra – Barcelona (Spain)

Tel.:+34 93 567 20 08 Fax.:+34 93 567 20 01

www.appluscertification.com

VERIFICATION REPORT AND

CERTIFICATION STATEMENT

Of

Xenamnoy 1 Hydropower project

(GS Ref. No. 2766)

Monitoring period #3: 01/03/2017 - 30/09/2019

Report No. A+SH_SYST_CDM_GS_VER_3019

Client: Swiss Carbon Assets Limited

DATE: 15/05/2020

VERIFICATION REPORT


Page 1 Verification Report

Report No. Date of first issue Revision No. Date of this revision

A+SH_SYST_CDM_GS_

VER_3019 11/03/2020 01.2 15/05/2020

Subject Third periodical verification of a GS project

Client Swiss Carbon Assets Limited

Project Title Xenamnoy 1 Hydropower project

Project Participants

Phongsubthavy Road & Bridge Construction Co., Ltd. (Project Owner)

Swiss Carbon Assets Limited (GS CER buyer)

Project Location

The Boloven Plateau, Attapeu Province, Lao PDR

Geographic coordinates:

East longitude 106°43’07’’ and North latitude 15°09’11’’

Contact Person Ms. Gao Yizhan

Operational Unit Phongsubthavy Road & Bridge Construction Co., Ltd.

Monitoring period: 01/03/2017 - 30/09/2019

Published Monitoring Report (version/date) Version 01.0 / 18/10/2019

Final Monitoring Report (version/date) Version 02.1 / 15/05/2020

Published GS SUSTAINABLITY MONITORING

REPORT (version/date)

Version 01.0 / 18/10/2019 (same

document with MR)

Final GS Monitoring Report (version/date) Version 02.1 / 15/05/2020 (same

document with MR)

Applied Methodology/Version AMS-I.D Version 17.0

Scope 1

Technical Area 1.2

Registered PDD and Passport: PDD Version 02.0 / 28/01/2014

Passport Version 05 / 10/04/2015

Summary:

LGAI Technological Center, S.A. (hereafter referred to as Applus+ Certification) has been

contracted by Swiss Carbon Assets Limited to perform the third periodical verification of Xenamnoy 1 Hydropower project (GS Ref. No. 2766) applying the methodology AMS-I.D Version

17.0. The management of Phongsubthavy Road & Bridge Construction Co., Ltd. is responsible

for the preparation of the GHG emissions data and the reported GHG emission reductions.

A desk review and a site visit have been conducted to verify the data submitted in the monitoring

report. Applus+ Certification confirms the following has been reviewed:

(a) The registered PDD and Passport, including the monitoring plan and the corresponding

validation report;

(b) Monitoring report(s);

(c) Validation Report;

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(d) Former Verification Report;

(e) The applied monitoring methodology;

(f) Relevant decisions, clarifications and guidance from the CMP;

(g) The Gold Standard Toolkit Version 2.2 and related Annex.

(h) All information and references relevant to the project activity’s resulting in emission

reductions.

The purpose of the project is to install 2 sets of hydropower turbine generator of 7,400 kW to generate clean renewable electricity with zero emissions. The total installed capacity is 14.8

MW.

Applus+ Certification confirms that the project is implemented in accordance with the validated and registered PDD and Passport. The monitoring plan complies with the applied methodology

AMS-I.D Version 17.0 and the Gold Standard Toolkit Version 2.2, the monitoring has been carried out in accordance with the monitoring plan. The monitoring system is in place and the

emission reductions are calculated without material misstatements. Our opinion relates to the projects GHG emissions and the resulting GHG emission reductions reported and related to the

valid and registered project baseline and monitoring and its associated documents. Based on

the information reviewed and evaluated Applus+ Certification confirms that the implementation of the project has resulted in 119,218 tCO2e emission reductions during period 01/03/2017 -

30/09/2019.

Assessment team Role Organization

Denny Xue Lead Auditor / Technical

expert Applus+ Certification

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ABBREVIATIONS

ACM Approved Consolidated Methodology

AM Approved Methodology

AMS Approved Methodology Small Scale

Applus+ Certification

LGAI Technological Center, S.A. (Applus)

BM Build Margin

CAR Corrective Action Request

CER Certified Emission Reduction

CM Combined Margin

CMP Conference of the Parties serving as the Meeting of the Parties to the Kyoto

Protocol

DNA Designated National Authority

DOE Designated Operational Entity

EF Emission Factor

EIA Environmental Impact Assessment

ER Emission Reduction

FAR Forward Action Request

FSR Feasibility Study Report

GHG Greenhouse Gas(es)

GS Gold Standard

IPCC Intergovernmental Panel on Climate Change

IRL Information Reference List

IRR Internal Rate of Return

KP Kyoto Protocol

MP Monitoring Plan

MR Monitoring Report

NGO Non Governmental Organisation

TAC Gold Standard Technical Advisory Committee

OM Operational Margin

PDD Project Design Document

PP Project Participant

UNFCCC United Nations Framework Convention for Climate Change

VVS Validation and Verification Standard

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TABLE OF CONTENT

1. INTRODUCTION ................................................................................. 1 1.1.- Objective ............................................................................................................... 1

1.2.- Scope .................................................................................................................... 1

1.3.- Description of the Project Activity: ........................................................................... 1

2. METHODOLOGY .................................................................................. 3 2.1.- Review of Documentation ....................................................................................... 4

2.2.- On-site Assessment and follow-up Interviews ........................................................... 4

2.3.- Quality of Evidences ............................................................................................... 5

2.4.- Reporting of Findings .............................................................................................. 5

2.5.- Internal Quality Control ........................................................................................... 5

3. VERIFICATION FINDINGS .................................................................. 6 3.1.- FARs from Validation / Previous Verification ............................................................. 6

3.2.- Project Implementation in accordance with the registered Project Design Document .. 6

3.3.- Compliance of the Monitoring Plan with the Monitoring Methodology ......................... 7

3.4.- Completeness of Monitoring .................................................................................... 7

3.5.- Parameter not monitored ........................................................................................ 9

3.6.- Assessment of Data and Calculation of Greenhouse Gas Emission Reductions .......... 12

3.7.- Management and Operational System .................................................................... 15

3.8.- Assessment of Sustainable Monitoring ................................................................... 16

4. SUMMARY OF FINDINGS .................................................................. 22

5. REFERENCE ...................................................................................... 24

6. VERIFICATION STATEMENT ............................................................. 25

Annex 1: Resolution of Audit Findings

VERIFICATION REPORT



1. INTRODUCTION

1.1.- Objective

LGAI Technological Center, S.A. (hereafter referred to as Applus+ Certification) has been contracted by Swiss Carbon Assets Limited to perform the third periodical verification of

Xenamnoy 1 Hydropower project (GS Ref. No. 2766) applying the methodology AMS-I.D Version 17.0 /6/ and the Gold Standard Toolkit Version 2.2 /9/. Gold Standard projects must undergo

periodic audits and verification of emission reductions as the basis for issuance of Gold Standard

CERs.

The objective of the verification work is to comply with the requirements of the Gold Standard

Toolkit Version 2.2 /9/. According to this assessment Applus+ Certification shall:

• ensure that the project activity has been implemented and operated as per the registered PDD version 02.0, dated 28/01/2014 /3/ and Passport “Xenamnoy 1 Hydropower project” version

05, dated 10/04/2015 /4/, and that all physical features (technology, project equipment,

monitoring and metering equipment) of the project are in place;

• ensure that the published MR and other supporting documents provided are complete,

verifiable and in accordance with applicable VVS /8/ and Gold Standard requirements;

• ensure that the actual monitoring systems and procedures comply with the monitoring systems

and procedures described in the monitoring plan and the approved methodology;

• evaluate the data recorded and stored as per the Grid connected renewable electricity

generation, AMS-I.D Version 17.0 /6/.

1.2.- Scope

The verification scope encompasses an independent and objective review and ex-post determination of the monitored reductions in GHG emissions by the DOE. The verification is based

on the submitted monitoring report, the validated and registered PDD and Passport as well as its validation report, the applied monitoring methodology, relevant decisions, clarifications and

guidance from the CMP and the EB, The Gold Standard Toolkit Version 2.2 and any other information and references relevant to the project activity’s resulting emission reductions. These

documents are reviewed against the requirements of the Kyoto Protocol, the Gold Standard

Toolkit Version 2.2 and related rules and guidance.

Based on the requirements in the VVS for project activities version 02.0 /8/ as well as the Gold

Standard Toolkit Version 2.2 /9/, Applus+ Certification has applied a rule-based approach for the verification of the project. The principles of accuracy, completeness, relevance, reliability and

credibility were combined with a conservative approach to establish a traceable and transparent

verification opinion.

The verification considers both quantitative and qualitative information on emission reductions.

The verification also considers the monitoring of sustainable parameters.

The verification is not meant to provide any consultancy towards the client. However, stated

requests for clarifications, corrective and/or forward actions may provide input for improvement

of the monitoring activities.

1.3.- Description of the Project Activity:

Project activity: Xenamnoy 1 Hydropower project

Gold Standard registration number: 2766

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Project Participants: Phongsubthavy Road & Bridge Construction Co., Ltd.

(project owner)

Swiss Carbon Assets Limited (GS CER buyer)

Location of the project: The Boloven Plateau, Attapeu Province, Lao PDR

Geographic coordinates (Verified by site visit and

Google Earth):

East longitude 106°43’07’’ and North latitude

15°09’11’’

Date of GS registration: 24/12/2014

Starting date of the crediting period: 01/03/2014

Xenamnoy 1 Hydropower project (hereafter referred to as “the project activity”) is located at The

Boloven Plateau, Attapeu Province, Lao PDR.

The project is a new-built hydropower project. The purpose of the project is to install 2 sets of

hydropower turbine generator of 7,400 kW to generate clean renewable electricity with zero emissions. The total installed capacity is 14.8 MW. The project will contribute to the reduction of

GHG emission by displacing part of the electricity from Electricite du Laos (EDL).

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2. METHODOLOGY

Applus+ Certification’s approach to the verification is a two-stage process.

In the 1st stage, Applus+ Certification completed a strategic review and risk assessment of the

projects activities and processes in order to gain a full understanding of:

• Activities associated with all the sources contributing to the project emissions and

emission reductions, including leakage if relevant;

• Protocols used to estimate or measure GHG emissions from these sources;

• Collection and handling of data;

• Controls on the collection and handling of data;

• Means of verifying reported data; and

• Compilation of the monitoring report.

Applus+ Certification used a periodical Verification Checklist which, based on the risk-based

assessment of the parameters and data collection and handling processes for each of those

parameters, describes the verification approach and the sampling plan.

In the 2nd stage, using the Verification Checklist, Applus+ Certification verified the implementation

of the monitoring plan and the data presented in the Monitoring Report for the period in question. This involved a site visit and a desk review of the Monitoring Report. This Verification Report

describes the findings of this assessment.

Assessment team

According to the sectoral scopes / technical area and experiences in the sectoral or national business environment, Applus+ Certification has composed a project assessment team in

accordance with the appointment rules in Applus+ Certification complying with EB’s requirements. The composition of assessment team has to be approved by the Applus+ Certification ensuring

that the required skills are covered by the team. The four qualification levels for team members

that are assigned by formal appointment rules as below:

- Leader Auditor (LA)

- Auditor (A)

- Auditor Trainee (T)

- Technical Experts (E)

It is required that the sectoral scope / technical area linked to the methodology has to be covered

by the assessment team.

Name Qualification Coverage

of scope

Coverage

of

technical

Area

Host

country

experience

Attendance to the On-

Site

Assessment

Denny Xue LA/E Y Y Y Y

Technical Reviewer:

- Simon Shen

The curricula vitae of the DOE’s validation team members are provided below:

Denny Xue (Master Degree in Environmental Engineering, Bachelor Degree in Thermal

Engineering) is a lead auditor appointed by Applus+ Certification for the GHG project assessment.

He is based on Shanghai. He has 1.5 years of work experiences in CDM project development. Before he joined Applus+ Certification, he has been worked for Shanghai Chuanji Investment and

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Management which is a CDM consultancy company as a project manager for CDM project

development.

Simon Shen (Master Degree in Thermal Energy Engineering, Bachelor Degree in Environmental

Engineering) has been appointed as a Technical Reviewer by Applus+ Certification for the GHG

project assessment. He is based in Shanghai. He has several years of work experience in environmental protection field. Before he joined Applus+ Certification, he had been worked for

TÜV SÜD as a GHG Validator/Verifier and ISO 9001/14001 Lead Auditor for 3.5 years.

2.1.- Review of Documentation

The Monitoring Report version 01.0 /1/ was submitted to DOE before the verification activities

started. The MR was assessed based on all the relevant documents. The aim of the assessment

in the desk review was to:

- verify the completeness of the data and the information presented in the MR;

- check the compliance of the MR with respect to the monitoring plan depicted in the registered

PDD and Passport, verify that the applied methodology was carried out. Particular attention

to the frequency of measurements, the quality of the metering equipment including

calibration requirements, and the quality assurance and quality control procedures was paid;

- evaluate the data management and the quality assurance and quality control system in the

context of their influence on the generation and reporting of emission reductions.

A complete list of documents reviewed is available in section 5 of this report.

2.2.- On-site Assessment and follow-up Interviews

As a part of the verification, the on-site inspection has been performed by the assessment team.

Location: The Boloven Plateau, Attapeu Province, Lao PDR

Date: 07/01/2020

Phongsavath Phengsykeo

Director Phongsubthavy Road & Bridge Construction Co., Ltd.

Bountao Phichit Advisor Phongsubthavy Road & Bridge Construction Co., Ltd.

Ning Lizhe Project Manager Beijing Karbon Energy Consulting Co., Ltd.

Gao Yizhan Project Manager Beijing Karbon Energy Consulting Co., Ltd.

Yang Zhihui Project Manager Beijing Karbon Energy Consulting Co., Ltd.

Mr. Mizal Villager Meun Hua Muang Village

Mr. Ban Villager Misay Village

Ms. May Villager Meun Hua Muang Village

The objective of the on-site assessment is to:

- confirm the implementation and operation of the project;

- review the data flow for generating, aggregating and reporting the monitoring parameters;

- confirm the correct implementation of procedures for operations and data collection;

- cross-check the information provided in the MR documentation with other sources;

- check the monitoring equipment against the requirements of the PDD, Passport and the

approved methodology, including calibrations, maintenance, etc.;

- review the calculations and assumptions used to obtain the GHG data and ER;

- identify if the quality control and quality assurance procedures are in place to prevent or

correct errors or omissions in the reported parameters.

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2.3.- Quality of Evidences

Sufficient evidence covering the full verification period in the required frequency is available to

verify the figures stated in the final MR. The source of the evidences will be discussed in section 3 of this report. Specific cross-checks have been done in cases that further sources were available.

The monitoring report’s figures were checked by the assessment team against the raw data. The

data collection system meets the requirements of the monitoring plan as per the methodology.

2.4.- Reporting of Findings

As an outcome of the verification process, the assessment team can raise different types of

findings.

Where a non-conformance arises the assessment team shall raise a Corrective Action Request

(CAR). A CAR is issued, where:

a) Non-compliance with the monitoring plan or methodology are found in monitoring and

reporting and has not been sufficiently documented by the project participants, or if the

evidence provided to prove conformity is insufficient;

b) Modifications to the implementation, operation and monitoring of the registered project

activity has not been sufficiently documented by the project participants;

c) Mistakes have been made in applying assumptions, data or calculations of emission

reductions that will impact the quantity of emission reductions;

d) Issues identified in a FAR during validation to be verified during verification or previous

verification(s) have not been resolved by the project participants.

The assessment team shall raise a Clarification Request (CR) if information is insufficient or not

clear enough to determine whether the applicable GS requirements have been met.

All CARs and CRs raised during verification shall be resolved prior to submitting a request for

issuance.

Forward Action Requests (FARs) may be raised during verification for actions where the

monitoring and reporting require attention and/or adjustment for the next verification period.

All CARs, CRs and FARs for this verification period are included in Section 5 of the verification

checklist in the annex 1 of the report.

2.5.- Internal Quality Control

As a final step of verification, the final documentation including the verification report have to undergo an internal quality control by the Technical Reviewer. Each report has to be finally

approved either by the DOE’s Technical Manager or the Deputy. In case one of these two persons is part of the assessment team, the approval can only be given by the person who is not a part

of the assessment team. If the documents have been satisfactorily approved, the Request for

Issuance is submitted to the GS Registry along with the relevant documents.

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3. VERIFICATION FINDINGS

In the following sections, the results of the verification are stated. The verification results related

to the project performance as documented and described in the registered PDD (dated 28/01/2014, version 02.0) /3/, registered Passport (dated 10/04/2015, version 05) and

Monitoring Report (dated 15/05/2020, version 02.1) /1/. The verification findings for each

verification subject are presented below.

3.1.- FARs from Validation / Previous Verification

As this is the third periodical verification, after checking validation report and verification /5/,

there is no FARs requested.

3.2.- Project Implementation in accordance with the registered Project Design Document

The project activity was fully implemented according to the description presented in the registered

PDD and Passport. The assessment team confirms, through the visual inspection that all physical features of the proposed project activity including data collecting systems and storage have been

implemented in accordance with the registered PDD.

The technical features of the equipments have been verified by the assessment team during site

visit by checking nameplate of main equipment /10/ which is detailed listed below:

Turbine:

Parameter Unit Value

Model - HLA743-LJ-115

Installed number - 2

Annual equivalent full load

operation hour h 5,732

Rated head m 75

Rated flow m3/s 11.45

Spindle arrangement type - Vertical

Rated Rotation speed r/min 600

Direction of rotation - Clockwise

Lifetime Years 25

Manufacturer - DEC Dongfang Electric Machinery Co., Ltd.

Generator:


Model - SF7400-10/2600

Installed number - 2

Rated capaciy kW 7,400

Rated frequency Hz 50

Rated voltage V 6,300

Power factor - 0.8

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Lifetime Years 25

Rated speed r/min 600

Annual equivalent full load

operation hour h 5,743

Manufacturer - DEC Dongfang Electric Machinery Co., Ltd.

The project activity was in normal operational and the same has been confirmed on-site. The start date for project is 14/11/2011 confirmed by checking validation report /5/ and was put into

trail operation on 28/12/2013 confirmed by site visit and checking operation log as well as former

validation and verification report.

The project was registered at 24/12/2014 as confirmed by the mail sent by Gold Standard,

according to the Gold Standard Toolkit Version 2.2 /9/, as the project started trail operation on

28/12/2013. It is acceptable that crediting period of the project started at 01/03/2014.

By comparing the actual ER claimed in this monitoring period with the estimate in the registered PDD, the actual emission reductions (119,218 tCO2e) are lower than what is stated in the PDD

(i.e. 122,999 tCO2e) which will not lead to a substantial increment of the ER in this period.

Applus+ Certification confirms that none of the data affects the additionality, scale or applicability of the project. There’s no post registration change has been occurred during this monitoring

period.

3.3.- Compliance of the Monitoring Plan with the Monitoring Methodology

The monitoring plan is in accordance with the approved methodology AMS-I.D Version 17.0 /6/, applied by the proposed GS project activity. No deviation, correction or permanent change to the

monitoring plan has been requested.

3.4.- Completeness of Monitoring

The monitoring has been carried out in accordance with the monitoring plan contained in the

registered PDD. All parameters were monitored and determined as per the monitoring plan which

is listed in below table:

Meth/tool PDD MR Compliance?

EGfacility,y EGfacility,y EGfacility,y Yes.

/ EGinput,y EGinput,y Yes.

/ EGoutput,y EGoutput,y Yes.

CapPJ CapPJ CapPJ Yes.

The verification of the parameters required by the monitoring plan is provided as follows:

Data / Parameter: EGfacility,y

Data unit: MWh

Description: Quantity of net electricity generation supplied by the project plants/units to the grid

Purpose of the data: Calculation of baseline emissions

Parameter value: 213,081.365

2017: 69,070.866

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2018: 82,388.452

2019: 61,622.047

Source of data used: Calculated as EGfacility,y = EGoutput,y - EGinput,y

For electricity supplied by the project to the grid in year y (EGoutput,y) and The electricity used by the project and input from the grid in year y (EGinput,y) are sourced from Monthly Reading Records (MRRs) /15/ issued by the project owner and Electricity Transaction Notes (ETNs) /16/ issued by Electricite du Laos (EDL) covering the monitoring period.

Information flow: Quantity of net electricity generation supplied by the project plants/units to the grid (EGfacility,y) is the difference between electricity supplied by the project

to the grid (EGoutput,y) and the electricity used by the project and input from the grid (EGinput,y) :

For electricity supplied by the project to the grid in year y (EGoutput,y) and The electricity used by the project and input from the grid in year y (EGinput,y) are continuously monitored by main meter and its backup meter installed at project site. Both meters are bidirectional. At 24:00 of the last day of every month, the raw data of meter reading of Main meter are recorded by the Electricite du Laos (EDL) and project owner, the project owner would form Monthly Reading Records (MRRs) based on the meter readings. The Electricite du Laos (EDL) will issue ETNs accordingly. The data for MRRs and ETNs have been sent to the CDM consulting company for reporting of GHG emission reduction. The conservative one would be used for ER calculation.

Monitoring method, frequency and equipments:

The parameters were measured continuously and recorded monthly by main meter and its backup meter installed at project site during the monitoring period verified by site visit. See below for the information of monitoring meters installed at project site verified by site visit and checking calibration certificates:

Meter Model Serial Number Accuracy

Main Meter ACE8000 80000108 0.2s

Backup Meter ACE8000 80000109 0.2s

Calibration: Meters

Calibration date

Valid until Certification Institution

Main Meter /17/

01/06/2016 31/05/2017

Electricite du Laos (EDL)

30/05/2017 29/05/2018

28/05/2018 27/05/2019

26/05/2019 25/05/2020

Backup Meter /17/

01/06/2016 31/05/2017

30/05/2017 29/05/2018

28/05/2018 27/05/2019

26/05/2019 25/05/2020

The calibration for meters was conducted by the Electricite du Laos (EDL), which is the state corporation of Laos and operates electricity generation, electricity transmission and electricity distribution assets in Lao PDR.

QA/QC procedure: Electronic and paper records will be kept for a minimum of two years after the end of the crediting period.

Means of verification: Data of the parameter was verified by checking MRRs. All data is in line with MRRs;

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Information flow was verified by checking MRRs and ETNs, and all information are consistent;

Monitoring method was verified by site visit, checking calibration certificates, all monitoring method meets the description in the PDD;

Calibration was verified by checking calibration certificates, all calibration of monitoring equipment meets the requirement indicated in the PDD.

Cross-check: Monthly Reading Record /15/ based on raw data is crosschecked with ETNs /16/.

All data are logically consistent and conservative data are used to in the ER calculation.

Data / Parameter: EGoutput,y

Data unit: MWh

Description: Electricity supplied by the project to the grid in year y


Parameter value: 213,125.372

2017: 69,085.131

2018: 82,405.467

2019: 61,634.773

Source of data used: Monthly Reading Records (MRRs) /15/ issued by the project owner and Electricity Transaction Notes (ETNs) /16/ issued by Electricite du Laos (EDL) covering the monitoring period.

Information flow: The electricity supplied by the project to the grid is continuously monitored by main meter and its backup meter installed at project site. Both meters are bidirectional. At 24:00 of the last day of every month, the raw data of meter reading of Main meter are recorded by the Electricite du Laos (EDL) and project owner, the project owner would form Monthly Reading Records (MRRs) based on the meter readings. The Electricite du Laos (EDL) will issue ETNs accordingly. The data for MRRs and ETNs have been sent to the CDM consulting company for reporting of GHG emission reduction. The conservative one would be used for ER calculation.


The parameters were measured continuously and recorded monthly by main meter and its backup meter installed at project site during the monitoring period verified by site visit. See below for the information of monitoring meters installed at project site verified by site visit and checking calibration

certificates:

Meter Model Serial Number Accuracy



Calibration: Meters

Calibration date


Main Meter /17/

01/06/2016 31/05/2017


30/05/2017 29/05/2018

28/05/2018 27/05/2019

26/05/2019 25/05/2020

01/06/2016 31/05/2017

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Backup Meter /17/

30/05/2017 29/05/2018

28/05/2018 27/05/2019

26/05/2019 25/05/2020

The calibration for meters was conducted by the Electricite du Laos (EDL), which is the state corporation of Laos and operates electricity generation, electricity transmission and electricity distribution assets in Lao PDR.


Means of verification: Data of the parameter was verified by checking MRRs. All data is in line with

MRRs;




Cross-check: Monthly Reading Record /15/ based on raw data is crosschecked with ETNs /16/.


Data / Parameter: EGinput,y

Data unit: MWh

Description: The electricity used by the project and input from the grid in year y


Parameter value: 44.006

2017: 14.265

2018: 17.015

2019: 12.726

Source of data used: Monthly Reading Records (MRRs) /15/ issued by the project owner and Electricity Transaction Notes (ETNs) /16/ issued by Electricite du Laos (EDL) covering the monitoring period.

Information flow: The electricity supplied by the project to the grid is continuously monitored by main mete and its backup meter installed at project site. Both meters are bidirectional. At 24:00 of the last day of every month, the raw data of meter reading of Main meter are recorded by the Electricite du Laos (EDL) and project owner, the project owner would form Monthly Reading Records (MRRs) based on the meter readings. The Electricite du Laos (EDL) will issue ETNs accordingly. The data for MRRs and ETNs have been sent to the CDM consulting company for reporting of GHG emission reduction. The conservative one would be used for ER calculation.




Calibration: Meters

Calibration date


01/06/2016 31/05/2017

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Main Meter /17/

30/05/2017 29/05/2018


28/05/2018 27/05/2019

26/05/2019 25/05/2020

Backup Meter /17/

01/06/2016 31/05/2017

30/05/2017 29/05/2018

28/05/2018 27/05/2019

26/05/2019 25/05/2020

The calibration for meters was conducted by the Electricite du Laos (EDL),

which is the state corporation of Laos and operates electricity generation, electricity transmission and electricity distribution assets in Lao PDR.


Means of verification: Data of the parameter was verified by checking MRRs. All data is in line with MRRs;




Cross-check: Monthly Reading Record /15/ based on raw data is crosschecked with ETNs

/16/.


Data / Parameter: CapPJ

Data unit: MW

Description: Installed capacity of the Hydropower plant after the implementation of the project activity

Purpose of the data: Calculation of project emissions

Parameter value: 14.8

Source of data used: Nameplates of generators and operational log

Information flow: Not applicable


The project consists 2 units of turbines (2 * 7.4 MW). The installed capacity of the project was verified by checking the nameplates of generators supplied by the manufacturer, DEC Dongfang Electric Machinery Co., Ltd. and the on-site operational log.

Calibration: Not applicable

QA/QC procedure: Not applicable

Means of verification: Data of the parameter was verified by checking the nameplates of generators supplied by the manufacturer, DEC Dongfang Electric Machinery Co., Ltd. and the on-site operational log. All data is in line with nameplates of generators and operational log;

Monitoring method was verified by site visit, checking the nameplates of generators supplied by the manufacturer, DEC Dongfang Electric Machinery

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Co., Ltd. and the on-site operational log, all monitoring method meets the description in the PDD.

Cross-check: Not applicable

3.5.- Parameter not monitored

Below data has been verified against the data sources and the PDD.

Parameter title Unit Data Source

EFgrid,CM,y* tCO2/MWh 0.5595 Calculation for the emission factor for electricity generation in Lao PDR, 2010 /11/

ABL m2 0 ACM0002 /6/

CapBL MW 0 ACM0002 /6/

EFRes kgCO2e/MWh 90 ACM0002 /6/

* EFgrid,CM,y is not directly available in the registered PDD but calculated by parameters fixed in the registered PDD.

Applus+ Certification has verified the defaulted figures which are not monitored in crediting period

and confirmed that the figures are consistent with their sources.

3.6.- Assessment of Data and Calculation of Greenhouse Gas Emission Reductions

As a result of verification of the ER calculation process, the assessment team confirmed that all

the parameters required for the determination of the emission reductions have been included in

the Monitoring report Version 02.1 /1/ and ER calculation spreadsheet /2/ and are consistent with the applied methodology AMS-I.D Version 17.0 /6/, Tool to calculate the emission factor for an

electricity system Version 03.0.0 /7/ and the monitoring plan contained in the registered PDD /3/.

The parameters are complete in this monitoring period.

After verifying the reported figures with the raw data sources, it’s confirmed that the values of

the parameters from the raw data sources are consistent with those quoted in the Monitoring report Version 02.1 /1/ and ER calculation spreadsheet /2/. The verification process for the same

has been clearly described in section 3.4 of the report. See below for the detailed data:

Baseline emissions:

Electricity supplied by the project to the grid in year y

Monitoring Period

EGoutput,y

Values from meter readings Values from

ETNs Verified Value

A B C = MIN (A,

B)

MWh MWh MWh

01/03/2017-31/03/2017 3,564.802 3,564.802 3,564.802

01/04/2017-30/04/2017 4,875.501 4,875.501 4,875.501

01/05/2017-31/05/2017 7,725.934 7,725.934 7,725.934

01/06/2017-30/06/2017 9,910.080 9,910.080 9,910.080

01/07/2017-31/07/2017 10,460.640 10,460.640 10,460.640

01/08/2017-31/08/2017 10,790.976 10,790.976 10,790.976

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01/09/2017-30/09/2017 7,817.952 7,817.952 7,817.952

01/10/2017-31/10/2017 6,846.550 6,846.550 6,846.550

01/11/2017-30/11/2017 3,963.910 3,963.910 3,963.910

01/12/2017-31/12/2017 3,128.786 3,128.786 3,128.786

01/01/2018-31/01/2018 4,354.948 4,354.948 4,354.948

01/02/2018-28/02/2018 3,729.872 3,729.872 3,729.872

01/03/2018-31/03/2018 5,024.309 5,024.309 5,024.309

01/04/2018-30/04/2018 7,724.743 7,724.743 7,724.743

01/05/2018-31/05/2018 8,529.391 8,529.391 8,529.391

01/06/2018-30/06/2018 9,937.595 9,937.595 9,937.595

01/07/2018-31/07/2018 10,200.790 10,200.790 10,200.790

01/08/2018-31/08/2018 10,932.945 10,932.945 10,932.945

01/09/2018-31/09/2018 9,252.944 9,252.944 9,252.944

01/10/2018-31/10/2018 3,821.737 3,821.737 3,821.737

01/11/2018-30/11/2018 4,017.178 4,017.178

4,879.015

4,017.178

01/12/2018-31/12/2018 4,879.015 4,879.015

01/01/2019-31/01/2019 3,236.632 3,236.632 3,236.632

01/02/2019-28/02/2019 2,774.417 2,774.417 2,774.417

01/03/2019-31/03/2019 3,849.539 3,849.539 3,849.539

01/04/2019-30/04/2019 5,517.674 5,517.674 5,517.674

01/05/2019-31/05/2019 8,529.391 8,529.391 8,529.391

01/06/2019-30/06/2019 8,693.508 8,693.508 8,693.508

01/07/2019-31/07/2019 9,773.445 9,773.445 9,773.445

01/08/2019-31/08/2019 10,007.222 10,007.222 10,007.222

01/09/2019-30/09/2019 9,252.945 9,252.945 9,252.945

Total 213,125.372 213,125.372 213,125.372

The electricity used by the project and input from the grid in year y

Monitoring Period

EGinput,y

Values from meter readings Values from

ETNs Verified Value

D E F = MAX (D,

E)

MWh MWh MWh

01/03/2017-31/03/2017 1.583 1.583 1.583

01/04/2017-30/04/2017 1.755 1.755 1.755

01/05/2017-31/05/2017 1.441 1.441 1.441

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01/06/2017-30/06/2017 1.398 1.398 1.398

01/07/2017-31/07/2017 0.813 0.813 0.813

01/08/2017-31/08/2017 0.442 0.442 0.442

01/09/2017-30/09/2017 0.499 0.499 0.499

01/10/2017-31/10/2017 2.239 2.239 2.239

01/11/2017-30/11/2017 2.967 2.967 2.967

01/12/2017-31/12/2017 1.128 1.128 1.128

01/01/2018-31/01/2018 1.888 1.888 1.888

01/02/2018-28/02/2018 1.920 1.920 1.920

01/03/2018-31/03/2018 1.718 1.718 1.718

01/04/2018-30/04/2018 1.668 1.668 1.668

01/05/2018-31/05/2018 0.969 0.969 0.969

01/06/2018-30/06/2018 0.527 0.527 0.527

01/07/2018-31/07/2018 0.595 0.595 0.595

01/08/2018-31/08/2018 2.671 2.671 2.671

01/09/2018-31/09/2018 1.837 1.837 1.837

01/10/2018-31/10/2018 1.361 1.361 1.361

01/11/2018-30/11/2018 1.191 1.191 1.191

01/12/2018-31/12/2018 0.670 0.670 0.670

01/01/2019-31/01/2019 2.431 2.431 2.431

01/02/2019-28/02/2019 1.438 1.438 1.438

01/03/2019-31/03/2019 1.921 1.921 1.921

01/04/2019-30/04/2019 1.247 1.247 1.247

01/05/2019-31/05/2019 0.725 0.725 0.725

01/06/2019-30/06/2019 1.158 1.158 1.158

01/07/2019-31/07/2019 0.445 0.445 0.445

01/08/2019-31/08/2019 1.997 1.997 1.997

01/09/2019-30/09/2019 1.364 1.364 1.364

Total 44.006 44.006 44.006

Quantity of net electricity generation supplied by the project plants/units to the grid

Monitoring Period EGfacility,y

MWh

EFgrid,CM,y

CO2e/MWh

BEy

tCO2e

01/03/2017-31/12/2017 69,070.866 0.5595

38,645

01/01/2018-31/12/2018 82,388.452 46,096

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01/01/2019-30/09/2019 61,622.047 34,477

Sum 213,081.365 0.5595 119,218

Therefore, the net electricity generation supplied is determined as 213,081.365 MWh. As EFgrid,CM,y

is fix as 0.5595 tCO2e/MWh, then:

Then, BEy = 213,081.365 MWh * 0.5595 tCO2e/MWh = 119,218 tCO2e

Project emissions:

The project is a new built run-of-river hydropower project without reservoir, no fossil fuel will be

consumed according to the methodology AMS-I.D /6/, then, according to registered PDD, PEy =

0 tCO2e

Leakage:

According to AMS-I.D Version 17.0 /6/, no leakage needs to be considered in the Project.

Therefore, LEy = 0 tCO2e

Emission reductions:

ER = BEy - PEy - LEy = 119,218 tCO2e – 0 tCO2e – 0 tCO2e = 119,218 tCO2e

The calculation tool, i.e. the ER calculation spreadsheet /2/ clearly and transparently describes

the calculation of emission reductions. The ER calculation spreadsheet /2/ is indicated with the issuing date and revision number. The assessment team re-produced the calculation process and

confirmed that the methods and formulae used to obtain the baseline, project and leakage emissions are appropriate. The calculation has been done in accordance with the methods and

formulae described in the registered monitoring plan and applicable methodology.

The reported data have been cross-checked against other sources available as explained above

in section 3.4 of the report.

Applus+ Certification checked all registries including VCS (http://www.vcsprojectdatabase.org/) and REC (https://www.irecstandard.org/), there are no double counting for this monitor period

for the project. Also in the MR, the project owner made a declaration that states no RECs are

been issued.

The assessment team confirms that all the assumptions, emission factors and default values (ex-

ante values) from PDD have been correctly justified. All the emission factors and default values

are explicitly mentioned in the monitoring report.

3.7.- Management and Operational System

The responsibilities of data measurement, collection, verifying, archiving etc. have been clearly

defined in the Project Operation Manual /12/. The data related to ER calculation as well as data

monitoring, collection process etc. have been internally reviewed by the management of the Monitoring team regularly. The responsibility of each function is consistent with the monitoring

plan in the registered PDD.

The information flow of each parameter has been verified by the assessment team via

interviewing with responsible personnel and checking with the Project Operation Manual /12/.

It’s verified during the on-site verification, the monitoring procedure as well as the internal quality

management and control procedures are stipulated in the Project Operation Manual /12/. The

procedure are issued and approved by the top management. The monitoring personnel have been interviewed by the assessment team and it’s confirmed that the monitoring is implemented

as per the procedure. Also the training record and work certificate /13/ has been checked by the assessment team and it is confirmed that the monitoring personnel are get sufficient training to

perform the monitoring.

All the data and documents, either hard copies or electric copies, will be kept for two years after the end of the last crediting period or the last issuance of GS CERs for this Project, whichever

occurs later.

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3.8.- Assessment of Sustainable Monitoring

In the Registered Passport Version 05 /4/, 9 indicators are chosen for the monitoring of

sustainable monitoring for project:

Meth/tool Passport MR Compliance?

Air Quality Air Quality -

Yes, as this monitoring parameter has been verified during the first verification according to the passport, no more monitoring is required in this monitoring period.

Water Quality and quantity



Yes

Soil condition Soil condition Soil condition Yes

Other pollutants Other pollutants Other pollutants Yes

Biodiversity Biodiversity Biodiversity Yes

Quality of employment Quality of employment Quality of employment Yes

Livelihood of the poor Livelihood of the poor Livelihood of the poor Yes

Access to affordable and clean energy services



Yes

Quantitative employment and income generation



Yes

The verification of the parameters required by the monitoring plan is provided as follows:

Indicator: Water quality and quantity

Chosen parameter: Flow rate of water released & Water quality indicators

Data Source: Water flow monitoring records /22/, Water Quality Analysis Report /23/ and Questionnaires for environmental survey /19/

Parameter value: Not applicable

Mitigation Measures: The minimum flow will be released to maintain the eco-system and meet demand for irrigation in the downstream. On-site treatment of construction wastewater prior to discharge.

Original situation of parameter:

The current water quality in the project area

Baseline situation of parameter:

The current water quality in the project area

Target achieved? Yes, during the construction period, industrial wastewater and sanitary wastewater are well treated.

By site visit, it is confirmed that the minimum flow will be released to maintain the eco-system and meet demand for irrigation in the downstream.

Moreover, by checking Water flow monitoring records and Water Quality

Analysis Report recognized by Water Resource of Environmental Administration of Attapu Province (local EPB). The water flow is all above the

VERIFICATION REPORT



minimum water flow which was indicated in the Final IEE (Initial Environmental Examination) Report /23/ of project and the water quality in the weir and powerhouse meet the requirement of WHO Guidelines for Drinking-water Quality /26/.

By checking Questionnaires for environmental survey, it is able to confirm there was no negative impact identified for wastewater due to the construction of the project.

Procedure of monitoring:

Examination by the environment monitoring department according to the relevant standards and regulations

Means of verification: After checking Water flow monitoring records /22/ and Water Quality Analysis Report /23/ and interview with the local resident, it is confirmed that water flow is all above the minimum water flow which was indicated in the Final IEE (Initial Environmental Examination) Report /21/ of project and the water quality in the weir and powerhouse meet the requirement of WHO Guidelines for Drinking-water Quality /26/. By checking Questionnaires for environmental survey /19/ it is able to confirm there was no negative impact identified for wastewater due to the construction of the project.


Indicator: Soil condition

Chosen parameter: Restoration of land and tree plantation activities

Data Source: Confirmation letter for the Soil Condition Protection and Recovery /24/


Mitigation Measures: To prevent soil erosion, trees and grass will be planted in the non-plant slopes. Drain system will be established in the quarry area and slag yard will be covered during rainy season. Thus, the construction of the project will not lead to observable change in soil quality.


Not applicable


Not applicable

Target achieved? Yes, by site visit, it is able to confirm the soil condition was recovered and improved.

Procedure of

monitoring:

Observations during site visits and continuous monitoring during construction

has been done.

Means of verification: After site visit, it is confirmed that the project has no negative effect for the soil condition, even soil condition was recovered and improved, and the same has been confirmed by interview with the local residents.

Moreover, by checking Confirmation letter for the Soil Condition Protection and Recovery issued by Water Resource of Environmental Administration of Attapu Province /24/, it is confirmed that most of bared ground have been replanted by grass lawn and palm, proper irrigation facilities have been equipped.

It is confirmed that the project has no negative effect for the soil condition; even soil condition was recovered and improved.


Indicator: Other pollutants

VERIFICATION REPORT



Chosen parameter: Solid wastes from construction stage and operational period;

Oil

Data Source: Questionnaires for environmental survey /19/


Mitigation Measures: For the solid waste, the project will adopt following measures: (i) Minimize the waste production and maximize waste recycling and reuse; and (ii) Promote safe waste disposal.

For fuel, oil and lubricant storage areas should be located well away from any watercourses. All hydrocarbons (e.g. fuels and lubricants) and chemical reagents will be stored in safe places.


Not applicable


Not applicable

Target achieved? Yes, by site visit, it is confirmed material residuals and domestic garbage was cleaned and sent to landfill in time. Fuel, oil and lubricant storage areas are located well away from any watercourses. All hydrocarbons (e.g. fuels and lubricants) and chemical reagents are stored in safe places.


Site visits and interviews with locals

Means of verification: After site visit, it is confirmed that material residuals and domestic garbage was cleaned and sent to landfill in time. Fuel, oil and lubricant storage areas are located well away from any watercourses. All hydrocarbons (e.g. fuels and lubricants) and chemical reagents are stored in safe places.

After checking Questionnaires for environmental survey /19/, it is confirmed that no impact on the other pollutants in the construction period and operation period was found.


Indicator: Biodiversity

Chosen parameter: The recovery the vegetations

Data Source: Questionnaires for environmental survey /19/


Mitigation Measures: The project owner will enforce soil conservation actions during and after the construction period according to relevant local regulation.


Not applicable


Not applicable

Target achieved? Yes, by site visit, it is able to confirm the vegetation has been recovered.


Site visits and interviews with locals has been done

Means of verification: By site visit, it is able to confirm the vegetation has been recovered.

By checking Questionnaires for environmental survey /19/, it is able to confirm none of the locals thought the project’s construction and operation leads to

negative impact on biodiversity.

VERIFICATION REPORT




Indicator: Quality of employment

Chosen parameter: Training Plan&Records


Data Source: Training Record /13/

Mitigation Measures: Staff will be trained for the positions created during construction& operation phases. All Health and Safety measurements will be applied according to local

regulations.


Not applicable


Not applicable

Target achieved? Yes, the project owner provides a lot of training during monitoring period.


Training records were kept.

Means of verification: By checking all the training records /13/, it is confirmed that the project owner provides sufficient training for the employee for skill and safety training. Also some interviews were made with employee and confirmed that they are working in a safety environment and get sufficient trained.


Indicator: Livelihood of the poor

Chosen parameter: Number of the installed pumps on-site

Data Source: Pump Record /28/

Parameter value: 8 pumps have been installed.

Mitigation Measures: Water supply program was prepared for the local people to improve their water supply system.


Local residents lack the basic water supply system, solution of new water supply system is under investigation but not decided to install more pomp and well.


Local residents lack the basic water supply system, solution of new water supply system is under investigation but not decided to install more pomp and well.

Target achieved? Yes. 8 pumps have been installed and over 146 households of 1,000 people were benefits from the water supply program since 2017.


The project owner records the number of pump and people involved.

Means of verification: After checking Pump Record /28/, it is confirmed that 8 pumps have been installed and over 146 households of 1,000 people were benefits from the water supply program since 2017.


VERIFICATION REPORT



Indicator: Access to affordable and clean energy services

Chosen parameter: Net electricity generation by project activity

Data Source: Monthly Reading Record /15/ and ETNs /16/

Parameter value: 213,081.365 MWh

Mitigation Measures: Not applicable


Local residents adopt firewood as the main energy source, which may lead damage to forest and biodiversity.

Baseline situation of

parameter:

Local residents adopt firewood as the main energy source, which may lead

damage to forest and biodiversity.

Target achieved? Yes.


The net electricity supplied by the project will be continuously measured by electricity meters. Please refer to table in the 3.4.

Means of verification: Monthly Reading Record /15/ based on meters, ETNs /16/ are checked to determine the net electricity generated by the project activity.


Indicator: Quantitative employment and income generation

Chosen parameter: Number of jobs created

Data Source: Statement for salary and welfare of employee /14/

Parameter value: More than 40 long-term work positions for local people have been created.

Mitigation Measures: During the construction period, job opportunities were provided to local residents, and the existence of the project in the area will bring local people especially the poor and disadvantaged groups lots of employment chances.


No employment opportunities.


No employment opportunities.

Target achieved? Yes. More than 40 long-term work positions for local people have been created. And the salary of the employee is much higher than the local average level.

Procedure of

monitoring:

The project owner records the quantity of the work position and salary

monthly.

Means of verification: After checking Statement for salary and welfare of employee /14/, it is confirmed that more than 40 long-term work positions for local people have been created yearly. Also, some interview with employee and general manager of the project owner was made to confirm the authentic of the information.


During the site visit, the verification team confirmed that there is a grievance book with GS contact

information in the reception room of the project owner’s office. By checking grievance book, it

was able to confirm there are no comments received.

Also during the site visit, Applus+ Certification conducted an interview with the project owner

and local stakeholders, please find the summary of the interview as below:

Sections Debriefing

VERIFICATION REPORT



Interviewee: Project owner Phongsubthavy Road & Bridge Construction Co., Ltd.

If sufficient trainings have been provided to the staff during this monitoring period?

Yes. We offer continuous training for the staffs.

The staffs have accepted a series of training on the monitoring system, electricity transmission, plant operation, emergency and safety procedures, Maintenance and Safe Operation. The training records was prepared and achieved. All operation staffs obtained relevant certificates and can be checked on-site.

How many jobs has been created and how much is the income of the staff?

Each year is different but at least 40 long-term work positions for local people have been created.

We believe the salary level is quite high in this area, also every year our salary will increase.

Has wastewater been treated before discharge during both construction and operation period?

Yes. All wastewater has been treated before discharge.

Which measurement has been taken to avoid pollution to soil?

During the operation period, we mainly try to greening the land even the condition is quite well now.

Interviewee: Employee Phongsubthavy Road & Bridge Construction Co., Ltd.

Have you received any training? Yes, each year we have a lot training regarding to professional knowledge as well as safety.

Are you satisfied with your job? Yes, comparing with local people, working for hydropower station is a quite high salary job.

Interviewee: Local residents Meun Hua Muang Village / Misay Village

Has the vegetation recovery measures been adopted to reduce the water and soil erosion?

Yes. The vegetation was recovered to better than the original status.

Has solid waste during the operation period been recycled and collected and cleared at regular intervals to landfill during this monitor period?

Yes. No solid waste was discharged from the project.

Have you detected any negative impact to water, noise, soil and air due to the project during construction or operation period

No negative impacts have been detected at all.

In a summary, what do you think of the project

after the operation of the project?

The project created some working position for local

residents and has no negative impact for us. So we are for the projects.

In Summary, it is Applus+ Certification’s opinion that the monitoring of the project owner

regarding to sustainability is in line with requirement of the Gold Standard Toolkit Version 2.2 /9/

VERIFICATION REPORT



4. SUMMARY OF FINDINGS

The assessment team can confirm that the published MR and related documents are complete

and verifiable in accordance with the GS requirements. All the findings that were raised by the assessment team, the responses by the PPs and the conclusion from the team are presented in

Annex 1. The means of verification and resulting changes in the MR or related documents are

identified in the following tables:

Findings

The calculation of baseline emission in 2019 is not conservative.

Means of verification

By checking updated MR and ER, it is able to confirm the calculation of baseline emission in

2019 has been carried out in the most conservative way.

Changes in the MR or related documents

MR and ER has been updated.

Findings

The monitoring of Sustainability Monitoring parameters are not in line with the requirement in the registered Passport, especially for Water Quality and quantity, Soil condition and Other

pollutants.


By checking updated MR, it is able to confirm the monitoring of Water Quality and quantity,

Soil condition and Other pollutants is consistent with the same in the registered Passport.


MR has been updated.

VERIFICATION REPORT



Findings

A statement of no REC should be presented in the MR.


By checking updated MR, it is confirmed that no REC statement has been included in the MR.


MR has been updated.

VERIFICATION REPORT



5. REFERENCE

/1/ Monitoring Report Version 01.0 dated 18/10/2019 and Monitoring Report Version 02.1

dated 15/05/2020

/2/ ER calculation spreadsheet

/3/ Registered PDD Version 02.0 dated 28/01/2014

/4/ Registered Passport Version 05 dated 10/04/2015

/5/ GS Validation Report issued by JACO dated 12/02/2015 Version 02 Report No. GR13W0008D;

GS Verification Report issued by CTI dated 04/12/2015 Version 03 Report No. CTI/NB-

2015-0315-2; GS Verification Report issued by CCCI dated 04/01/2018 Version 02

/6/ AMS-I.D Version 17.0 – Grid connected renewable electricity generation

ACM0002 Version 13.0 – Grid-connected electricity generation from renewable

sources

/7/ Tool to calculate the emission factor for an electricity system Version 03.0.0

/8/ Validation and Verification Standard for project activities Version 02.0

/9/ The Gold Standard Toolkit Version 2.2

/10/ Nameplate of main equipment

/11/ Calculation for the emission factor for electricity generation in Lao PDR, 2010

/12/ Project Operation Manual issued by project owner

/13/ Training record and work certificate

/14/ Statement for salary and welfare of employee issued by the project owner

/15/ Monthly Reading Record of meters covering the monitoring period

/16/ ETNs covering the monitoring period for both electricity exported and imported

/17/ Calibration Certificate for meters covering the monitoring period issued by Electricite

du Laos (EDL) covering the monitoring period

/18/ Operation log

/19/ Questionnaires for environmental survey

/20/ WHO Air quality guidelines for particulate matter, ozone, nitrogen dioxide and sulfur

dioxide

/21/ Final IEE (Initial Environmental Examination) Report

/22/ Water flow monitoring records

/23/ Water Quality Analysis Report

/24/ Confirmation letter for the Soil Condition Protection and Recovery

/25/ Pump Record

/26/ WHO Guidelines for Drinking-water Quality

VERIFICATION REPORT



6. VERIFICATION STATEMENT

Applus+ Certification has been engaged by Swiss Carbon Assets Limited to perform the third periodical verification of the Xenamnoy 1 Hydropower project (GS Ref. No. 2766).

The management of Phongsubthavy Road & Bridge Construction Co., Ltd. is responsible for the preparation of the GHG emissions data and the reported GHG emissions reductions on the basis set out within the project’s Monitoring Plan in the registered PDD version 02.0 completed on 28/01/2014, registered Passport version 05 completed on 10/04/2015 and the applied methodology AMS-I.D Version 17.0.

Our verification approach was based on the requirements as defined under the Kyoto Protocol, Marrakesh accord, as well as those defined by the Gold Standard. Our approach is risk-based, drawing on an understanding of the risks associated with reporting GHG emissions data and the controls in place to mitigate these. The verification can confirm that:

• the project is operated as planned and described in the project design document and passport approved by the EB and GS;

• the monitoring plan is as per the applied methodology;

• the monitoring in Monitoring Report is as per the PDD and Passport and the monitoring plan approved by the EB and GS;

• the development and maintenance of records and reporting procedures are in accordance with the registered monitoring plan;

• the installed equipment being essential for generating emission reduction runs reliably and is calibrated appropriately;

• the monitoring system is in place and generates GHG emission reductions data;

• the GHG emission reductions are calculated without material misstatements.

In our opinion, the GHG emission reductions for Xenamnoy 1 Hydropower project for the monitoring period 01/03/2017 to 30/09/2019 as reported in Monitoring Report, prepared on the basis of the project’s Monitoring Plan are fairly stated.

Based on the information we have seen and evaluated, we confirm the following statement:

Reporting period: From 01/03/2017 to 30/09/2019

Verified emissions in the above reporting period:

Leakage emissions 0 tCO2 equivalents

Project emissions 0 tCO2 equivalents

Baseline emissions 119,218 tCO2 equivalents

Emission reductions in 2017 38,645 tCO2 equivalents



Emission reductions 119,218 tCO2 equivalents

VERIFICATION REPORT



Signature

Date: 15/05/2020

Assessment team: Denny Xue (Team Leader / Technical Expert)

DOE Representative: Agustín Calle de Miguel (CDM Technical Manager)

Applus+ Certification Business Unit Managing Director: Juan Sendín Caballero

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Annex 1: Resolution of Audit Findings

CAR ID 01 Date: 13/01/2020

Description of CAR

The calculation of baseline emission in 2019 is not conservative.

Project participant response Date: 04/03/2020

Participant has corrected the method of baseline emission in 2019 and the baseline emission

has been conservative.

Documentation provided by project participant

Updated MR and ER

DOE assessment Date: 06/03/2020

By checking updated MR and ER, it is able to confirm the calculation of baseline emission in

2019 has been carried out in the most conservative way.

CAR ID 02 Date: 13/01/2020

Description of CAR

The monitoring of Sustainability Monitoring parameters are not in line with the requirement in

the registered Passport, especially for Water Quality and quantity, Soil condition and Other

pollutants.


The monitoring of Sustainability Monitoring parameters of Water Quality and quantity, Soil

condition and Other pollutants has been in line with the requirement in the registered Passport.


Updated MR


By checking updated MR, it is able to confirm the monitoring of Water Quality and quantity,

Soil condition and Other pollutants is consistent with the same in the registered Passport.

CAR ID 03 Date: 13/01/2020

Description of CAR

A statement of no RECs should be presented in the MR.


The RECs statement has added to the MR.


Updated MR


By checking updated MR, a no RECs statement has been included in the MR and in line with

related requirement.

Documents

VERIFICATION REPORT AND CERTIFICATION STATEMENT