2 X 3.5 MW Ullunkal Hydro Power Project in Kerala, India.
#408of 1935 in Renewable energy#206of 975 in India#258of 1459 in CDM (UNFCCC)#145of 806 in AMS-I.D
Audit Analysis
A CDM-registered small hydro project in Kerala, India, with a VVB-confirmed investment additionality test and a jurisdictional grid baseline. The project delivered roughly 103% of its pro-rata expectation in the first monitoring period, indicating no over-crediting signal. However, six material findings (including an unsubstantiated investment barrier analysis), the absence of documented FPIC or a grievance mechanism, and several unreported MRV parameters (verified ERR, FNRB, usage monitoring) limit confidence in the overall quality.
Red Flags
- Four CARs and two CLs were raised during validation, including that the investment barrier analysis and financial indicators were not substantiated (CAR #4) and that the project start date and prior CDM consideration were not transparent (CAR #3).
- The grid emission factor of 0.85 tCO2/MWh is drawn from 2007 data, which is dated relative to the 2010–2020 crediting period.
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2013 | 35,866 | 0 | 35,866 | |
| Total | 35,866 | 0 | 35,866 |
Risk Indicators
VVB-confirmed investment test
mixed evidence / unresolved risk
0% deemed negligible, reasonable for hydro
Jurisdictional but grid EF from 2007; reassessment not state
Safeguards mentioned; no FPIC or grievance mechanism documen
CORSIA and CCP status not stated
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