3 MW wind project by Shah Foils

Audit Analysis

A 3 MW CDM wind project in India with a confirmed investment-test additionality assessment by TÜV NORD CERT, but limited by a project-specific baseline, 21 material findings at validation (all subsequently resolved), and a near-total absence of monitoring-period data. The low extraction confidence and lack of verified emission reductions figures constrain confidence in the project's ongoing performance.

Project Description

Red Flags

• ⚠21 material findings raised at validation, including questionable financial assumptions (project cost of Rs.62.2 mn/MW vs. GERC-recommended Rs.46.5 mn/MW, unexplained 65/35 captive-export split, wheeling charges applied to entire generation)
• ⚠No monitoring-period data or verified ERR figures found in any available document; total ERR claimed (57,690 tCO2e) cannot be cross-checked against actual performance
• ⚠Low extraction confidence across the document set, indicating at least one key document was poorly readable
• ⚠Grid emission factor of 0.922 tCO2/MWh is from 2009 and no updated value or reassessment is documented

Credit Vintages

No issuances recorded on the registry.