3 MW SAL-II Hydro Electric Project by Himgiri Infrastructure Development Pvt. Ltd.

Audit Analysis

A 3 MW run-of-river hydro project in India validated under CDM AMS I.D v17 with a jurisdictional baseline and VVB-confirmed investment additionality test. However, the validation report flagged 16 material findings covering IRR errors, financial parameter inconsistencies, and stakeholder consultation gaps, and no monitoring or verification data is available to confirm actual delivery against the 140,690 tCO₂e lifetime claim. The overall evidence base is thin, with low extraction confidence and no post-validation monitoring reports.

Project Description

Red Flags

• ⚠16 material findings (CARs) in the validation report, including IRR calculation errors, financial parameter inconsistencies, and missing stakeholder consultation details — indicating the initial PDD had substantial quality issues
• ⚠No monitoring or verification reports found in the extracted record; the 140,690 tCO₂e lifetime claim cannot be cross-checked against any verified figure
• ⚠Grid emission factor fixed at 0.9443 tCO₂/MWh (2012) with no evidence of periodic update or reassessment over the 10-year crediting period
• ⚠Leakage deduction of 0% justified only as 'deemed negligible' with no quantified analysis, and a contradiction exists between the validation report and an appendix on whether leakage was quantified

Credit Vintages

No issuances recorded on the registry.