8.5 MW Wind Energy Project by KS Oils Limited, India

Audit Analysis

A standard 8.5 MW onshore wind project in India using the well-established AMS I.D. methodology, with a jurisdictional grid baseline and VVB-confirmed investment additionality. The project is fundamentally low-risk in terms of additionality and permanence, but the verification process surfaced 15 material findings and two corrective actions, and several key monitoring parameters remain unreported. Pro-rata delivery for the first monitoring period was approximately 73% of expectation, within normal wind-resource variability.

Project Description

Red Flags

• ⚠15 material findings (CARs and NIRs) during validation/verification indicate significant gaps in the project's initial documentation and implementation, including unclear metering, missing stakeholder consultation records, and incomplete additionality evidence
• ⚠Contradiction between the validation report (project-specific baseline) and the monitoring report (jurisdictional baseline) creates ambiguity about which baseline was actually applied
• ⚠Leakage treatment is inconsistent: the PDD describes a quantified assessment while the monitoring report simply deems it negligible, with no quantified figure in either document
• ⚠Crediting period dates differ between the validation report (2008-11-01 to 2018-11-01) and the monitoring report (2009-04-07 to 2019-04-06), raising questions about the exact project start date

Credit Vintages