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VCS Energy industries (renewable/non-renewable sources) India Registry: Registered Documentazione completa General Methodology v2.0

20 MWAC (22 MWDC) SKCIL SOLAR POWER PLANT PROJECT

VCS-1854 ↗

5.0 / 10
Integrity
5.8
Transparency
4.6
Claim Safety
4.2
Documentation
5.1

Score Breakdown

Integrity

verified Additionality was tested using an investment test and was confirmed by the VVB in the verification record.

missing Leakage is not addressed in the monitoring report, while the record also shows a 0% leakage deduction and no supporting justification.

Transparency

verified A named VVB is identified, and the monitoring period is clearly stated for 2021-09-01 to 2022-09-30.

missing The monitoring report lists missing calibration certificates, missing first and last dates in the ER sheet, and several public-document gaps on the project webpage.

Claim Safety

verified The project is not CORSIA-eligible, which reduces dual-market claim risk on that channel.

missing The verified emission reduction figure changes sharply across validation documents, and the monitoring report contains unresolved inconsistencies in net generation and net ERs.

Documentation

verified The record includes a substantial set of source documents, with 30 documents used and a recent monitoring report dated 2023-08-28.

missing The extraction is not fully clean because the monitoring report lists 6 corrective actions and 2 clarifications, and some key items such as buffer pool treatment and baseline reassessment are not stated.

Detailed Analysis

Integrity

The project has a relatively solid starting point because the VVB confirmed additionality through an investment test, and the baseline is project-based under ACM0002. However, permanence and leakage are weaker: this is a solar avoidance project, so reversal risk is low, but the record does not state any buffer pool treatment and the monitoring report leaves leakage unaddressed while also showing a 0% deduction. The monitoring report also lists several corrective actions, including inconsistent net generation and ER values, which lowers confidence in the integrity of the quantified outcome.

Transparency

Transparency is mixed. The project has a named verifier, a defined monitoring period, and a recent monitoring report, but the report itself flags missing calibration certificates, missing dates in the ER sheet, and public-document gaps on the VCS webpage. Those issues suggest the MRV trail is not fully complete or easy to audit from the available record.

Claim Safety

Claim safety is weakened by the combination of a project-specific baseline, unresolved leakage treatment, and inconsistent emissions-reduction figures across validation documents. I privileged the more recent validation figure of 37,091 verified ERs over the earlier 67,540 figure because it is later and appears to reflect the updated validation record, but the contradiction itself is a reliability concern and should reduce confidence. The project is not CORSIA-eligible, which helps on one channel, but CCP status is not stated and the documentation issues keep over-crediting risk elevated.

Documentation

The documentation set is fairly broad, with 30 documents used and a recent monitoring report, which supports a mid-range score. That said, the monitoring report lists multiple corrective actions and requests for missing technical specifications, O&M records, and calibration evidence, indicating incomplete documentation quality. Extraction confidence is high, so the score is not penalized for readability, but the missing baseline reassessment and buffer pool details remain evidence gaps.

Overall

Overall, this is a moderately credible renewable-energy crediting case, but not a high-confidence one. I privileged the 2023 validation report’s lower verified ER figure over the earlier 2021 figure because it is more recent and likely supersedes the earlier estimate, but the contradiction still signals reliability risk and pulls the score down. The project’s main strengths are VVB-confirmed additionality and a clear monitoring period; its main weaknesses are unresolved leakage treatment, incomplete MRV documentation, and multiple corrective actions in the monitoring report.

Audit Analysis

This is a registered VCS solar project with VVB-confirmed additionality and a project baseline, but the documentation shows several quality and consistency issues. The biggest concerns are unresolved leakage treatment, a zero leakage deduction without justification, and a major discrepancy in verified emission reductions between validation documents, which weakens confidence in the claimed climate benefit.

Project Description

Proponent: Shri Keshav Cements & Infra Ltd. Protocol categories: Energy industries (renewable/non-renewable sources) Protocols: ACM0002 Estimated annual GHG reductions: 33707 tCO2e Region: Asia Registration date: 2020-04-23

Red Flags

  • The monitoring report lists multiple corrective actions, including inconsistent net generation and ER values, missing calibration details, and missing project documents on the public webpage.
  • There is a large contradiction in verified emission reductions between validation documents, and the monitoring report does not address leakage despite a prior document saying it was negligible.

Credit Vintages

Issued Retired Available
2018
23,110 21,665 1,445
2019
32,729 28,809 3,920
2020
34,671 34,671 0
2021
35,678 24,950 10,728
2022
26,363 0 26,363
Total 152,551 110,095 42,456

Cosa migliorerebbe questo punteggio

  • Provide a clear leakage assessment or a documented justification for why leakage is negligible, along with any supporting calculations.
  • Publish the missing calibration certificates, technical specifications, O&M records, and a reconciled ER sheet that resolves the emission-reduction contradiction.

Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.

Risk Indicators

Additionality

VVB-confirmed investment test

Permanence

Solar avoidance project

Leakage

Leakage not addressed

Baseline

Project baseline, reassessment not stated

Safeguards

FPIC and grievance mechanism present

Double-claim

Not CORSIA-eligible; CCP status not stated

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Analysis Provenance Scored 2026-04-14 General Methodology v2.0 Documentazione completa

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