86 MW Hydro Project in Himachal Pradesh
#760of 975 in India#984of 1339 in Verra (VCS)#1079of 1287 in ACM0002
Audit Analysis
This 86 MW hydro project in Himachal Pradesh has a confirmed additionality assessment and a reasonable zero-leakage justification for a renewable energy source, but the verification report (March 2025) flags 12 material findings and over 40 corrective actions, including an incorrect grid emission factor in the ERR calculations and a calibration-frequency deviation from the monitoring plan. The sheer volume of unresolved quality issues significantly undermines confidence in the integrity and accuracy of the issued credits.
Red Flags
- The 2025 verification report identifies an incorrect grid emission factor applied in ERR calculations, directly affecting the quantity of credits issued
- Over 40 corrective actions are outstanding, including missing calibration certificates, inconsistent meter details, and unassessed CDM tools (TOOL07, TOOL11) and regulatory surplus
- Calibration frequency deviated from the monitoring plan: six-month calibration was required but the site visit found calibration had not been performed for more than one year
- Reversal events are marked as 'not addressed' in the verification report despite the project being a hydro facility with a 10-year crediting period
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2001 | 122,509 | 122,509 | 0 | |
| 2002 | 191,865 | 128,121 | 15,000 | |
| 2003 | 73,358 | 73,358 | 0 | |
| 2004 | 97,032 | 43,762 | 13,270 | |
| 2005 | 259,651 | 229,651 | 0 | |
| 2006 | 228,969 | 6,000 | 60,852 | |
| 2007 | 48,597 | 46,528 | 0 | |
| 2008 | 266,865 | 127,206 | 64,846 | |
| 2009 | 226,960 | 5,823 | 0 | |
| 2010 | 335,084 | 169,868 | 177 | |
| 2011 | 182,498 | 182,498 | 0 | |
| 2012 | 286,716 | 283,903 | 2,813 | |
| 2013 | 269,882 | 269,779 | 103 | |
| 2014 | 277,711 | 276,846 | 865 | |
| 2015 | 292,593 | 279,473 | 13,120 | |
| 2017 | 166,408 | 159,150 | 7,258 | |
| 2018 | 218,325 | 210,946 | 7,379 | |
| 2020 | 14,343 | 12,535 | 1,808 | |
| 2021 | 271,695 | 243,647 | 28,048 | |
| 2022 | 236,245 | 0 | 236,245 | |
| Total | 4,067,306 | 2,871,603 | 451,784 |
Risk Indicators
VVB-confirmed barrier test
reversals not addressed
0% deduction justified but labelled 'not addressed' in 2025 VR
Project-specific; method contradicted across documents; no reassessment date
FPIC conducted; grievance mechanism present
CORSIA not eligible; CCP status not stated
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