7.5 MW Waste-to-Energy Power Plant by Goodwatts WTE Jamnagar Private Limited in Gujarat, India
#594of 1329 in Industrial#597of 975 in India#770of 1339 in Verra (VCS)
Audit Analysis
A 7.5 MW waste-to-energy project in Gujarat, India, validated under VCS AMS-III.E with a VVB-confirmed investment additionality test and FPIC/grievance mechanisms in place. However, the absence of a buffer pool, a 0% leakage deduction with no documented justification, a project-specific baseline, and a low extraction confidence across the document set limit confidence in the credit's robustness. The project is registered but has not yet completed its first verification, and a corrective action for load-cell calibration remains open.
Red Flags
- Leakage deduction is 0% with no documented justification; the validation report (Nov 2024) records the justification as 'not addressed', contradicting an earlier version (Aug 2024) that stated 'deemed negligible'.
- Minimum extraction confidence across the document set is rated low, indicating at least one key document was poorly readable and key fields may be missing.
- A corrective action (FAR 01) requires installation and calibration of load cells on the vibro feeder before or during the first verification, meaning the primary waste-quantity measurement system was not yet in place at validation.
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-confirmed investment test
WTE-specific risk
0% deduction, justification not addressed
Project-specific; reassessment not yet due
FPIC, grievance mechanism documented
CORSIA and CCP status not stated
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