11.35 MW bundled renewable energy based power generation by Interocean Group

Audit Analysis

This 11.35 MW bundled renewable energy project in India has a confirmed investment-test additionality and a jurisdictional baseline, but is undermined by a seven-fold discrepancy between the PDD's claimed emissions reductions (145,614 tCO₂e) and the VVB-validated figure (20,802 tCO₂e), eight material findings with corrective actions, and a complete absence of monitoring data or verified credits. The project's data reliability and transparency are significantly below acceptable thresholds.

Project Description

Red Flags

• ⚠PDD claims 145,614 tCO₂e over the crediting period while the validation report validates only 20,802 tCO₂e — a 7× over-claim in the original project design document
• ⚠Eight material findings (four critical, four corrective) in the validation report, including outdated CEA database, inadequate sensitivity analysis, and unresolved stakeholder concerns on local employment and land use
• ⚠Leakage justification recorded as 'not addressed' in the validation report, despite a 0% deduction being applied
• ⚠No monitoring reports, verified ERR, or monitoring period data found in any available document
• ⚠Minimum extraction confidence rated 'low', indicating at least one key document was poorly readable or incomplete

Credit Vintages

No issuances recorded on the registry.