5.35 MW Wind Power Project by GeeCee Ventures Ltd
#169of 1935 in Renewable energy#81of 975 in India#102of 1459 in CDM (UNFCCC)
Audit Analysis
A 5.35 MW onshore wind project in India with a solid jurisdictional baseline and VVB-confirmed investment additionality test. The project delivered approximately 69% of its pro-rata ex-ante expectation over the first 2.5-year monitoring period, indicating conservative crediting. However, 12 material findings during validation (including a transparency gap in the investment analysis) and several unreported parameters (FNRB, usage monitoring, CORSIA/CCP status) limit confidence in the full picture.
Red Flags
- CAR04 in the validation report flagged that the investment analysis lacked transparency, contained incorrect erection costs, missing purchase orders, and unjustified office/admin costs — all corrected but indicating initial weakness in the additionality case
- The monitoring report shows verified ERR of 14,213 tCO2e against a claimed 21,444 tCO2e for the same period, a 33% reduction that is not fully explained in the extracted record
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2014 | 14,280 | 0 | 14,280 | |
| Total | 14,280 | 0 | 14,280 |
Risk Indicators
VVB-confirmed investment test
Avoidance project, no reversal risk
0% deemed negligible, appropriate for wind
Jurisdictional grid EF, standardised
Safeguards mentioned, FPIC/grievance not stated
CORSIA and CCP status not stated
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