BMNS Services Private Limited (BMNS) has performed the first periodic emission reduction verification of the registered GCC Project Activity “Renewable energy project in Rajasthan by ABC Renewable Energy Pvt. Ltd. (GCC reference no.: S00281)”. BMNS concludes that: 1. The project is operated as planned and described in the registered project Submission Form. 2.The monitoring plan is in line with the applied methodology. 3.The monitoring procedure and plan described in Project Monitoring Report is as per the registered PSF approved by the GCC Steering Committee. 4.The installed monitoring equipment’s being essential for generating emission reduction runs reliably and no delayed calibration is observed. 5.The monitoring system is in place and generates GHG emission reductions data. 6.The GHG emission reductions are calculated without material misstatements. 7.The impact of project activity on environmental safeguards indicators has been correctly monitored and quantified as positive (Score: +6). The project activity thus meets the requirement for being certified with Environmental No-net-harm Label (E+). 8.The impact of project activity on social safeguards indicators has been correctly monitored and quantified as positive (Score: +6). The project activity thus meets the requirement for being certified with Social No- net-harm Label (S+). 9.The impact of project activity on SDG has been correctly monitored and quantified as positive (Score: +3). 10.The project activity thus meets the requirement for being certified with silver SDG certification label (SDG+). In our opinion, the GHG emission reductions for “Renewable energy project in Rajasthan by ABC Renewable Energy Pvt. Ltd” India for the monitoring period from 23/04/2022 to 31/12/2024 as reported in Monitoring Report/01/ are stated at reasonable assurance.

BMNS Services Private Limited (BMNS) has performed the first periodic emission reduction verification of the registered GCC Project Activity “Renewable energy project in Rajasthan by ABC Renewable Energy Pvt. Ltd. (GCC reference no.: S00281)”. BMNS concludes that: 1. The project is operated as planned and described in the registered project Submission Form. 2.The monitoring plan is in line with the applied methodology. 3.The monitoring procedure and plan described in Project Monitoring Report is as per the registered PSF approved by the GCC Steering Committee. 4.The installed monitoring equipment’s being essential for generating emission reduction runs reliably and no delayed calibration is observed. 5.The monitoring system is in place and generates GHG emission reductions data. 6.The GHG emission reductions are calculated without material misstatements. 7.The impact of project activity on environmental safeguards indicators has been correctly monitored and quantified as positive (Score: +4). The project activity thus meets the requirement for being certified with Environmental No-net-harm Label (E+). 8.The impact of project activity on social safeguards indicators has been correctly monitored and quantified as positive (Score: +3). The project activity thus meets the requirement for being certified with Social No- net-harm Label (S+). 9.The impact of project activity on SDG has been correctly monitored and quantified as positive (Score: +3). 10.The project activity thus meets the requirement for being certified with silver SDG certification label (SDG+). In our opinion, the GHG emission reductions for “Renewable energy project in Rajasthan by ABC Renewable Energy Pvt. Ltd” India for the monitoring period from 23/04/2022 to 31/12/2024 as reported in Monitoring Report/01/ are stated at reasonable assurance.