5 MW Upper Awa Hydro Power Project in Himachal Pradesh by M/s Astha Projects (India) Limited
#78of 770 in Renewable energy#43of 387 in India#97of 629 in Verra (VCS)#26of 417 in AMS-I.D
Audit Analysis
A straightforward 5 MW small-hydro project under VCS AMS-I.D. with a VVB-confirmed investment additionality test and a jurisdictional grid-emission-factor baseline. The verified ERR for the 2011–2017 monitoring period (117,512 tCO₂e) is essentially in line with the claimed figure (116,572 tCO₂e), indicating no material over-crediting. However, three measurement-related material findings, the absence of FPIC, and several documentation gaps (CORSIA/CCP status, usage monitoring) prevent a higher rating.
Red Flags
- Three material findings in the 2024 verification report: deviation in net electricity export calculation due to shared substation feeder, inaccuracy in meter accuracy class and measurement procedure, and an 85 tCO₂e adjustment for delayed meter calibration
- Free, Prior and Informed Consent (FPIC) was not conducted, a gap in community safeguards for a project operating in Himachal Pradesh
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2008 | 15,004 | 15,004 | 0 | |
| 2009 | 17,959 | 17,959 | 0 | |
| 2010 | 21,645 | 21,645 | 0 | |
| 2011 | 25,180 | 19,244 | 5,936 | |
| 2012 | 23,408 | 0 | 23,408 | |
| 2013 | 24,258 | 0 | 24,258 | |
| 2014 | 24,953 | 0 | 24,953 | |
| 2015 | 15,768 | 0 | 15,768 | |
| 2016 | 11,980 | 0 | 11,980 | |
| 2017 | 11,209 | 3,409 | 7,800 | |
| Total | 191,364 | 77,261 | 114,103 |
Risk Indicators
VVB-confirmed investment test
Energy avoidance – no reversal risk
0 % deduction, qualitative justification only
Jurisdictional grid EF (2008)
Grievance mechanism present, FPIC not conducted
CORSIA and CCP status not stated
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