AAC Blocks project by Mohit Industries Limited

Audit Analysis

The AAC blocks project by Mohit Industries is a VCS-registered manufacturing energy-efficiency project (AMS-III.Z) with VVB-confirmed additionality and no reversal events, but is held back by a project-specific baseline with a significant grid emission factor discrepancy (0.9124 in the PDD vs 1.3 in the monitoring report), an unstated buffer pool, and several material findings that required corrective actions. The project delivered roughly 62% of its pro-rata expectation for the monitored period, which is conservative and reduces over-crediting risk.

Project Description

Red Flags

• ⚠Grid emission factor discrepancy: the PDD (2025) uses 0.9124 tCO2/MWh while the monitoring report (2024) uses 1.3 tCO2/MWh — a 43% difference that directly affects baseline emissions and the resulting ER calculation.
• ⚠Three material findings in the 2023 verification report (delayed meter calibration for 24 days, missing weigh-bridge details in the PDD, reclassification of parameters from project emissions to leakage) indicate operational and documentation weaknesses, though all four CARs were closed.
• ⚠FPIC was not conducted, which is a gap for a project operating in India where community engagement expectations apply.

Credit Vintages