AAC Block Project By HIL Limited
#508of 975 in India#641of 1339 in Verra (VCS)#4of 10 in AMS-III.Z
Audit Analysis
The AAC Block Project is a VCS-registered manufacturing energy-efficiency project (AMS III.Z) with a 10-year crediting period in India. The investment-based additionality test and quantified leakage treatment are positive, but the absence of a named VVB, missing FPIC, and limited documentation (only a PDD clearly identified) create notable evidence gaps. Pro-rata delivery of verified credits (~83% of expectation for the elapsed monitoring period) is reasonable and shows no over-crediting signal.
Red Flags
- Free, Prior and Informed Consent (FPIC) was not conducted, and no grievance mechanism is documented in the extracted record.
- The VVB name is not found in any available document, making independent verification of additionality and MRV unconfirmable from the extracted data.
- Leakage is described as 'quantified' in the PDD, but the actual deduction percentage is not stated in the extracted record, leaving the magnitude of the leakage adjustment unverifiable.
Credit Vintages Exhausted
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2015 | 2,676 | 2,676 | 0 | |
| 2016 | 21,492 | 21,492 | 0 | |
| 2017 | 8,287 | 8,287 | 0 | |
| Total | 32,455 | 32,455 | 0 |
Risk Indicators
Investment test present but VVB confirmation not found in record
Energy-efficiency project; no reversal risk or events reported
Quantified per PDD but deduction percentage not stated
Project-specific baseline; reassessment not yet due under VCS 10-year rule
FPIC not conducted; no grievance mechanism documented
CORSIA and CCP status not stated in available documents
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