24.8 MW Wind Power Project By Belgaum Wind Farms Private Ltd. In Gadag, Karnataka

Audit Analysis

A 24.8 MW wind power project in Karnataka, India, verified by TUV SUD under VCS methodology ACM0002 v7, with a confirmed investment additionality test and a reasonable 0% leakage deduction. However, three material contradictions between the verification and monitoring reports — particularly a 3.3× discrepancy in verified emissions reductions and a conflicting baseline method designation — introduce meaningful uncertainty into the credit quantity and baseline validity. The project is past its 2018 crediting period, and several administrative corrective actions remain outstanding.

Project Description

Red Flags

• ⚠Verified ERR figures differ by a factor of 3.3 between the verification report (89,703 tCO2) and the monitoring report (27,412 tCO2), with no total_err_claimed or lifetime ex-ante figure available to adjudicate the discrepancy
• ⚠Baseline method is stated as 'project' in the verification report but 'jurisdictional' in the monitoring report, creating ambiguity about whether a project-specific or grid-average emission factor underpins the credits
• ⚠Five corrective actions remain open, including a missing PPA agreement, missing project start-date evidence, and a 2 tCO2 discrepancy in the baseline emission figure (109,443 vs 109,441)

Credit Vintages