VOLUNTARY CANCELLATION CERTIFICATE

Presented to

Banco de Machala S.A.

Project(s):

7 MW Bundled Hydro power project at Himachal Pradesh of Raajratna Energy Holdings Pvt. Ltd

Reason for cancellation

I am offsetting greenhouse gas emissions for my company

Number of units cancelled
1,667 CERs
Equivalent to 1,667 tonne(s) of CO2
Start serial number: IN-5-224356013-2-2-0-9111
End serial number: IN-5-224357679-2-2-0-9111