10.5 MW wind power project in Ossiya, Rajasthan by Gujarat Fluorochemicals Limited (GFL)

Audit Analysis

A 10.5 MW CDM wind project in Rajasthan with a standard jurisdictional grid baseline and VVB-verified investment additionality test. The project delivered roughly 85% of its pro-rata expected emissions reductions in the first monitoring period, with no reversal events. However, the validation process surfaced 28 material findings—including a significant reduction in monitoring parameters and benchmark calculation errors—and safeguards documentation (FPIC, grievance mechanism) is absent from the extracted record.

Project Description

Red Flags

• ⚠Monitoring plan was reduced from 2 feeders (11 parameters) to 1 feeder (4 parameters) due to grid changes, raising questions about the robustness of ongoing MRV
• ⚠28 material findings were raised during validation, including benchmark calculation errors (RoE, beta, risk-free rate) and a missing credible alternatives analysis, indicating a weak initial PDD
• ⚠The PDD is dated 2015-12-04, which is after both the validation report (2012-12-07) and the monitoring report (2014-09-12), suggesting a late revision that complicates the document timeline
• ⚠Additionality test type is inconsistent across documents: the validation report records an investment test while the PDD records a combined test

Credit Vintages