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GSWindIndiaACM0002

300 MW Wind Power Project in Gujarat by Alfanar Power

GS-2590 ↗ · current registry ID: GS7745

#40of 770 in Renewable energy#23of 387 in India#12of 426 in Gold Standard (GS)#26of 383 in ACM0002

6.6/ 10
Integrity
6.8
Transparency
6.5
Claim Safety
7.0
Documentation
5.5

Audit Analysis

A 300 MW wind project in Gujarat with a solid investment-test additionality confirmed by the VVB and a reasonable grid emission factor baseline. The project over-delivers relative to its ex-ante estimate (138% of pro-rata expectation), but documentation quality is undermined by low extraction confidence, seven inter-document contradictions, and gaps in benefit-sharing and permanence reporting.

Red Flags

  • Benefit-sharing arrangement is not described in the most recent verification report (2024), reversing a positive finding from the 2023 report
  • Reversal/permanence risk is explicitly 'not addressed' in the 2024 verification report, despite wind power having inherent low reversal risk
  • Calibration certificates for energy meters were unavailable for the full monitoring period; a 0.2% maximum error factor was applied as a conservative adjustment
  • Four Corrective Action Requests and one Forward Action Request were raised by the VVB, indicating recurring documentation gaps
  • FPIC status is contradictory: the 2022 validation report records it as not conducted, while the 2024 verification report records it as conducted

Credit Vintages

IssuedRetiredAvailable
2020
162,16975,99586,174
2021
721,958607,748114,210
2022
744,221457,318286,903
2023
740,9747,336733,638
Total2,369,3221,148,3971,220,925

Risk Indicators

Additionality

Investment test, VVB-confirmed

Permanence

Not explicitly addressed in verification report

Leakage

0% deduction, deemed negligible (grid feed-in)

Baseline

Project-specific per VVB; grid EF 0.8612 (2024)

Safeguards

FPIC contradiction; grievance present; benefit-sharing absen

Double-claim

CORSIA-eligible; CCP status not stated

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Analysis ProvenanceScored2026-08-24ACM0002

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