3 MW Hydro Power Project by Darjeeling Power Pvt. Ltd.

Audit Analysis

A 3 MW small-hydro project in India under VCS AMS I.D with a jurisdictional grid-emission-factor baseline and VVB-confirmed investment additionality. The verified emissions reductions (58,694 tCO₂e) match the claimed figure for the 2018–2022 monitoring period, and no reversal events or corrective actions were reported. Main concerns are the use of a 2017 grid emission factor for a monitoring window extending to 2022, minor operational deviations noted in the verification report, and the absence of CORSIA/CCP eligibility statements.

Project Description

Red Flags

• ⚠Grid emission factor of 0.9462 tCO₂/MWh is from 2017, yet the monitoring period extends to February 2022; if India's grid has decarbonised, credits may be slightly over-estimated for the later years of the period.
• ⚠The validation report (2018) characterises the baseline as 'project' while the later monitoring report (2022) calls it 'jurisdictional' — a terminological inconsistency that, while likely reflecting the same grid-EF approach, introduces ambiguity about baseline robustness.
• ⚠CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel or double-claiming risk unassessed.

Credit Vintages