50 MW SOLAR PROJECT BY AVAADA IN UP (INDIA)

Audit Analysis

A 50 MW solar project in Uttar Pradesh, India, verified under VCS methodology ACM0002 with a VVB-confirmed investment additionality test, smart-meter monitoring, and no reversal events. The project is fundamentally sound, but a project-specific baseline, inconsistent leakage justification across documents, and several inter-document contradictions (baseline method, benefit sharing, crediting period) moderate confidence. CORSIA and CCP eligibility are not stated, leaving dual-channel risk unconfirmed.

Project Description

Red Flags

• ⚠Leakage deduction of 0% is justified as 'deemed negligible' in the monitoring report but described as 'not addressed' in the verification report — the two 2024 documents disagree on whether leakage was even considered.
• ⚠Baseline method is stated as 'project-specific' in the verification report (Nov 2024) but 'jurisdictional' in the monitoring report (Nov 2024); the less robust project-specific baseline is privileged here, and no reassessment date is recorded.
• ⚠CORSIA eligibility and CCP status are not stated in any available document, so dual-channel or double-claiming risk cannot be excluded.
• ⚠The validation report (2020) lists 'common practice' as an additionality test alongside the investment test cited in the 2024 verification report, creating ambiguity about which test was actually relied upon.

Credit Vintages