200 MW Solar PV Plant by Mahindra Susten in Rajasthan
GS-2314 ↗ · current registry ID: GS7625
#409of 1935 in Renewable energy#207of 975 in India#178of 1801 in Gold Standard (GS)#309of 1287 in ACM0002
Audit Analysis
A 200 MW solar PV project in Rajasthan with VVB-verified additionality and a reasonable leakage justification, but undermined by seven cross-document contradictions, a missing verified ERR figure, no stated buffer pool, and CORSIA eligibility that raises dual-channel risk. The project delivered roughly 103% of its pro-rata ex-ante expectation for the first monitoring period, which is a positive signal, yet the documentation inconsistencies and gaps in permanence safeguards prevent a higher rating.
Red Flags
- Seven contradictions across documents, including baseline method (project vs jurisdictional), crediting period length (5 vs 7 years), and FPIC status (conducted vs not conducted)
- Verified ERR figure not found in any available document; only the claimed figure (529,270 tCO2e) is available
- No buffer pool percentage stated and reversal events explicitly 'not addressed' in the verification report
- CORSIA-eligible with CCP status not stated, creating potential dual-channel crediting risk
- Five Corrective Action Requests raised during verification, indicating unresolved issues at the time of the report
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2021 | 70,375 | 0 | 70,375 | |
| 2022 | 458,895 | 0 | 458,895 | |
| Total | 529,270 | 0 | 529,270 |
Risk Indicators
VVB-verified investment test
reversals not addressed
0% deduction, negligible for PV
Method contradictory across docs
FPIC, grievance mechanism present
CORSIA-eligible, CCP status unknown
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