300 MW Wind Energy Project by Green Infra Wind Energy Limited

Audit Analysis

A 300 MW wind energy project in India under Gold Standard with a jurisdictional baseline and VVB-confirmed additionality, but hampered by numerous documentation inconsistencies, a low extraction confidence rating, and unresolved dual-channel risk from CORSIA eligibility. The project is an avoidance-type activity with inherently low permanence risk, and the verified ERR matches the claimed figure for the monitoring period, though actual generation ran 46.5% below the PDD estimate due to a low wind season.

Project Description

Red Flags

• ⚠Ten contradictions across documents, including conflicting baseline method (jurisdictional vs. project-specific), FPIC status, and safeguards documentation, indicating inconsistent record-keeping across verification cycles
• ⚠Low extraction confidence on at least one key document, reducing reliability of the structured data used for scoring
• ⚠CORSIA eligibility confirmed while CCP status is not stated, creating potential dual-channel credit risk
• ⚠Actual generation (372,196 MWh) was 46.5% below the PDD estimate (695,722 MWh) for the monitoring period, raising questions about the robustness of the ex-ante generation assumptions
• ⚠Six corrective action requests were raised during verification, reflecting significant template and data inconsistencies between the monitoring report and the PDD

Credit Vintages