252 MW Wind Energy Project by Green Infra Wind Energy Limited

Audit Analysis

A 252 MW wind project in India with a verified investment-test additionality and jurisdictional baseline, but undermined by an extensive record of corrective actions across multiple verification cycles, absence of FPIC, methodology and database version inconsistencies, and low extraction confidence. The core MRV for the latest monitoring period is internally consistent (claimed equals verified at 256,869 tCO2e), yet the volume of unresolved documentation gaps and process weaknesses limits confidence in the overall credit quality.

Project Description

Red Flags

• ⚠FPIC was not conducted despite Gold Standard requirements, and the monitoring report (Sep 2025) contradicts the verification report (Mar 2026) on whether safeguards were addressed
• ⚠Over 40 corrective actions were raised across multiple verification cycles, including methodology version mismatch (ACM0002 v20 used vs v22.0 registered) and CEA grid-emission-factor database version errors (v15 used vs v19 required)
• ⚠No buffer pool is in place and no permanence mechanism is documented, leaving the project exposed to potential reversal risk despite the avoidance nature of wind generation
• ⚠Low extraction confidence across the 46-document record indicates at least one key document was poorly readable, reducing reliability of the extracted evidence

Credit Vintages