10 MW Biomass Power Project in Amreli District, Gujarat, India

Audit Analysis

A CDM biomass power project with solid additionality (investment test confirmed by TÜV NORD CERT, IRR 9% below the 13.63% benchmark) and no reversal risk, but a severe under-delivery signal: the verified emissions reductions for the monitoring period represent only about 15% of the pro-rata expectation derived from the ex-ante lifetime estimate. The 0% leakage deduction is plausible for a grid-connected power project but rests on a thin 'deemed negligible' justification, and several monitoring and safeguards details are absent from the extracted record.

Project Description

Red Flags

• ⚠Verified ERR of 27,571 tCO2 is only ~15% of the pro-rata expectation (~180,700 tCO2) for the elapsed monitoring period, suggesting the project operated far below its ex-ante design capacity or the lifetime estimate was overly optimistic
• ⚠Leakage deduction of 0% justified solely as 'deemed negligible' without a quantified assessment in the extracted record
• ⚠Grid emission factor of 803.16 gCO2/kWh is from 2008 and has not been updated in the available documents
• ⚠CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed

Credit Vintages

No issuances recorded on the registry.