9 MW Neria Hyrdroelectric Project, Karnataka, India
#248of 1935 in Renewable energy#123of 975 in India#110of 1339 in Verra (VCS)#92of 806 in AMS-I.D
Audit Analysis
The 9 MW Neria hydro project demonstrates solid additionality (combined test, VVB-confirmed) and a jurisdictional baseline, with reasonable leakage treatment for a small hydro scheme. However, material findings around meter calibration, an outstanding CAR for DNA regulatory approval, and a noted CDM registration overlap introduce moderate risk. The project delivered approximately 94% of its pro-rata ex-ante expectation for the elapsed monitoring period, indicating conservative crediting.
Red Flags
- Corrective action requires clarification of CDM registration and an undertaking against double counting, indicating potential overlap with another GHG programme
- Crediting period in the PDD (2008–2018) contradicts the verification report (2006–2016), creating ambiguity about the valid crediting window
- Meter calibration delays on both generation lines during the monitoring period required a conservative 0.2% error factor, suggesting MRV operational weaknesses
Credit Vintages Exhausted
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2006 | 10,517 | 10,517 | 0 | |
| 2011 | 8,482 | 8,482 | 0 | |
| 2012 | 16,326 | 16,326 | 0 | |
| 2013 | 21,040 | 21,040 | 0 | |
| 2014 | 17,498 | 17,498 | 0 | |
| 2015 | 15,873 | 15,873 | 0 | |
| 2016 | 5,423 | 5,423 | 0 | |
| Total | 95,159 | 95,159 | 0 |
Risk Indicators
Combined test, VVB-confirmed
Avoidance project, no reversal events
0% deemed negligible, appropriate for hydro
Jurisdictional, reassessment timing not stated
Grievance mechanism present, FPIC not stated
CDM overlap flagged, CORSIA/CCP not stated
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