72 MWac Ramnad Solar Power Project

Audit Analysis

The 72 MWac Ramnad Solar Power Project is a Gold Standard solar PV avoidance project with VVB-verified additionality and inherently low permanence risk, but it is undermined by significant data-quality problems: a 0% leakage deduction with no stated justification, a project-specific baseline, missing generation data for multiple months, and nine documented contradictions across the project file. The absence of a verified ERR figure and the large discrepancy between the PDD ex-ante estimate and the monitoring-report claim raise material over-crediting concerns that cannot be resolved with the available evidence.

Project Description

Red Flags

• ⚠Leakage deduction of 0% with justification recorded as 'not addressed' in the 2025 verification report, while the 2025 monitoring report claims it was 'quantified' — the contradiction is unresolved and no quantified leakage figure appears in any document.
• ⚠Claimed ERR of 321,592 tCO₂ (monitoring report, 2025) is roughly 3× the PDD ex-ante figure of 106,873 tCO₂ (2023); without a lifetime ex-ante figure or a verified ERR, the pro-rata over-delivery ratio cannot be confirmed, but the gap is a material over-crediting risk.
• ⚠Missing generation data for October–December 2018, July–September 2019, and November–December 2020 (corrective action CL-01) means a substantial portion of the crediting period has no verified output.
• ⚠Nine contradictions across the document set, including baseline method (project vs jurisdictional), additionality test type (investment vs combined), FPIC status (true vs false), and crediting-period dates, indicating poor internal consistency.
• ⚠One Formal Audit Report (FAR) was raised during verification, alongside multiple CARs and CLs, signalling unresolved compliance gaps.

Credit Vintages