3.5 MW Small Hydro Project In Himachal Pradesh
#267of 975 in India#293of 1339 in Verra (VCS)#189of 806 in AMS-I.D
Audit Analysis
A 3.5 MW small hydro project in Himachal Pradesh with a VVB-confirmed investment additionality test and jurisdictional grid baseline, but the verification report flags a 34.6% under-delivery versus the ex-ante estimate due to hydrological variability and raises eight corrective actions including missing calibration certificates, technical equipment documentation, and supporting invoices. The project reports conservatively (actual equals verified at 8,652 tCO2e), yet the absence of a stated buffer pool, unaddressed reversal risk, and inconsistent leakage justification across documents leave meaningful integrity and documentation gaps.
Red Flags
- Material finding: actual emissions reductions (8,652 tCO2e) are 34.62% below the estimated 13,234 tCO2e for the monitoring period, attributed to natural water-flow variability — a recurring hydrological risk for future periods
- Eight corrective actions raised in the verification report, including missing calibration certificates for the full monitoring period, absent JMR and invoices, and no technical equipment details, commissioning certificates, PPAs, or O&M agreements provided to the assessment team
- Leakage justification is inconsistent: the monitoring report (Nov 2022) states 'deemed negligible' while the verification report (same date) records 'not addressed'; no explicit quantitative justification is documented
- Buffer pool percentage and reversal-event treatment are not stated in any available document, leaving permanence risk unquantified
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2018 | 6,335 | 0 | 6,335 | |
| 2019 | 11,523 | 6,287 | 5,236 | |
| 2020 | 13,574 | 13,574 | 0 | |
| 2021 | 7,768 | 4,631 | 3,137 | |
| 2022 | 6,116 | 2,500 | 3,616 | |
| Total | 45,316 | 26,992 | 18,324 |
Risk Indicators
VVB-confirmed investment test
mixed evidence / unresolved risk
0% deduction, justification inconsistent across documents
Jurisdictional grid EF, method label contradicts earlier report
Grievance mechanism present, FPIC not stated
CORSIA and CCP status not stated
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