800 MW Koldam Hydro Power Project by NTPC Limited
#1210of 1935 in Renewable energy#4of 9 in IN#41of 154 in Intl. Carbon Registry (ICR)
Audit Analysis
The Koldam 800 MW hydro project employs a sound avoidance methodology with a jurisdictional baseline and VVB-confirmed combined additionality test, and delivered approximately 96% of its pro-rata ex-ante expectation over the monitoring period. However, the verification report lists over 50 unresolved corrective actions and clarifications—including missing additionality supporting documents, an absent no-double-counting declaration, and inconsistent leakage justifications—significantly undermining confidence in the credit's integrity and documentation quality.
Red Flags
- Over 50 unresolved corrective actions and clarifications in the verification report, including missing additionality supporting documents (CAR#06) and missing no-double-counting declaration (CAR#10)
- Contradiction in total ERR between the PDD (22,622,205 tCO₂e) and the validation report (27,805,850 tCO₂e) for the same monitoring period
- Leakage justification is inconsistent: the monitoring report states 'quantified' while the validation report states 'deemed negligible', both supporting a 0% deduction
- Missing EIA document, metering calibration certificates, and commissioning certificates flagged as corrective actions
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2015 | 2,301,384 | 0 | 2,301,384 | |
| 2016 | 3,032,510 | 0 | 3,032,510 | |
| 2017 | 3,032,510 | 0 | 3,032,510 | |
| 2018 | 3,032,510 | 0 | 3,032,510 | |
| 2019 | 3,032,510 | 0 | 3,032,510 | |
| 2020 | 3,032,510 | 0 | 3,032,510 | |
| 2021 | 3,032,510 | 0 | 3,032,510 | |
| 2022 | 3,032,510 | 0 | 3,032,510 | |
| 2023 | 3,032,510 | 0 | 3,032,510 | |
| 2024 | 3,032,510 | 0 | 3,032,510 | |
| 2025 | 731,126 | 0 | 731,126 | |
| Total | 30,325,100 | 0 | 30,325,100 |
Risk Indicators
VVB-confirmed combined test
low inherent risk
0% deduction; inconsistent justification
Jurisdictional; reassessment timing not stated
Grievance mechanism present; FPIC not stated
CCP and CORSIA status not stated
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