44.40 MW Wind Energy Project by Ruchi Soya Industries Limited, India
#817of 1935 in Renewable energy#414of 975 in India#506of 1339 in Verra (VCS)#636of 1287 in ACM0002
Audit Analysis
A 44.40 MW onshore wind project in India with VVB-confirmed additionality and inherently low reversal risk, but undermined by a 0% leakage deduction with no stated justification, nine open corrective actions related to meter calibration, and a significant discrepancy between the PDD ex-ante estimate and the verified ERR. The project is not CORSIA-eligible, and the baseline method is inconsistently described across documents.
Red Flags
- Verified ERR of 330,047 tCO₂e is approximately 2.3× the PDD ex-ante estimate of 140,837 tCO₂e, raising over-crediting concerns
- Leakage deduction of 0% with justification recorded as 'not addressed' in the 2022 verification report, despite the 2016 report having stated it was 'deemed negligible'
- Nine corrective actions (CAR 02, CAR 03, CAR 5.1–5.3.2) remain open, all related to meter calibration delays at Palsodi, Jaora, and Rajasthan sites
- Baseline method is described as 'project' in the 2022 verification report but 'jurisdictional' in the 2022 monitoring report — a material methodological inconsistency
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2010 | 30,094 | 30,094 | 0 | |
| 2011 | 43,178 | 30,140 | 13,038 | |
| 2012 | 80,505 | 80,505 | 0 | |
| 2013 | 43,953 | 1,057 | 42,896 | |
| 2014 | 45,488 | 18,763 | 26,725 | |
| 2015 | 57,474 | 57,474 | 0 | |
| 2016 | 59,902 | 40,070 | 19,832 | |
| 2017 | 62,221 | 62,221 | 0 | |
| 2018 | 60,185 | 60,185 | 0 | |
| 2019 | 58,761 | 58,761 | 0 | |
| 2020 | 51,688 | 36,865 | 14,823 | |
| 2021 | 27,904 | 27,904 | 0 | |
| Total | 621,353 | 504,039 | 117,314 |
Risk Indicators
VVB-confirmed investment test
Avoidance project, no reversal events
0% deduction, justification not addressed (2022)
Project-specific, method inconsistent across docs
Grievance mechanism present, FPIC not conducted
Not CORSIA-eligible, CCP status unknown
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