Aryan Coal 15 MW Wind Project in Maharashtra, India
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB using an investment test in the verification documentation.
missing The monitoring report flags missing evidence for JMRs, invoices, meter calibration details, and project agreements, which weakens confidence in operational controls.
Transparency
verified The project has multiple official documents available, including validation, monitoring, PDD, and issuance records, with a named VVB.
missing The monitoring record shows a large gap between claimed and verified ERs, and the usage monitoring method is not stated in the extracted record.
Claim Safety
verified The project is not CORSIA-eligible, which reduces one channel of dual-market claim risk.
missing The verified emissions are far below the claimed amount, and the baseline is project-specific rather than a recently reassessed standardized baseline.
Documentation
verified The extraction drew on 18 documents and the readable portions were extracted with high confidence.
missing Several key items are not stated, including buffer pool treatment, usage monitoring, and baseline reassessment timing, while the monitoring report also lists multiple missing supporting records.
Detailed Analysis
Integrity
The verification documentation confirms additionality through an investment test, and the monitoring report describes a quantified leakage treatment, which are both positive signs. At the same time, the project file shows no buffer pool information and no reversal history, so permanence is not strongly evidenced beyond the fact that this is a wind project. The monitoring report also lists missing evidence for JMRs, invoices, meter calibration details, and double-counting avoidance documentation, which weakens operational integrity.
Transparency
The record includes a named VVB and several official documents, which supports basic transparency. However, the extracted record does not state the usage monitoring method, and the monitoring report shows a substantial difference between claimed and verified ERs. The documentation also indicates missing vintage-wise VCU history and other supporting records, which reduces clarity around how the issuance was substantiated.
Claim Safety
Claim safety is helped by the fact that the project is not CORSIA-eligible, lowering one route for overlapping claims. Still, the verified ER volume is materially lower than the claimed amount, which raises over-crediting concern. The baseline is project-specific and the baseline reassessment timing is not stated, so the claim rests on a less robust baseline structure than a recently updated standardized approach.
Documentation
The evidence base is reasonably broad, with validation, monitoring, PDD, and issuance documents all present, and extraction confidence is high. Even so, several important fields are not found in the available record, including buffer pool treatment, usage monitoring, and baseline reassessment timing. The monitoring report also explicitly lists missing technical and contractual documents, which lowers documentation quality despite the number of files used.
Overall
Overall, this is a mid-quality project file: it has VVB-confirmed additionality and some quantified monitoring elements, but the evidence base is weakened by missing supporting documents and a large gap between claimed and verified ERs. I privileged the 2021 monitoring report over older validation-era statements where they conflicted, because it is more recent and directly tied to monitored issuance; that means I treated the later report as the better source for leakage treatment, safeguards, and credited volume. The contradictions on FPIC, safeguards, benefit sharing, and credited period indicate reliability issues, so scores are held to a conservative middle range.
Audit Analysis
This is a registered VCS wind project with VVB-confirmed additionality and a quantified leakage treatment, which supports moderate integrity. However, the record has several documentation gaps and contradictions, including missing evidence for some monitoring controls and conflicting statements on FPIC, safeguards, and credited volumes.
Project Description
Proponent: ACB (INDIA) LIMITED Protocol categories: Energy industries (renewable/non-renewable sources) Protocols: AMS-I.D. Estimated annual GHG reductions: 23816 tCO2e Region: Asia Registration date: 2020-04-06
Red Flags
- The monitoring report lists missing supporting documents for grid export checks, meter details, and double-counting avoidance evidence.
- Credited emissions differ materially between documents, and several safeguard-related statements conflict across the PDD and monitoring reports.
Credit Vintages Exhausted
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2006 | 16,953 | 16,953 | 0 | |
| 2007 | 19,053 | 19,053 | 0 | |
| 2008 | 17,306 | 17,306 | 0 | |
| 2009 | 14,361 | 14,361 | 0 | |
| 2013 | 22,198 | 22,198 | 0 | |
| 2014 | 15,928 | 15,928 | 0 | |
| 2015 | 18,017 | 18,017 | 0 | |
| 2016 | 2,003 | 2,003 | 0 | |
| Total | 125,819 | 125,819 | 0 |
Cosa migliorerebbe questo punteggio
- Provide the missing monitoring evidence, including meter serials and calibration records, JMRs, invoices, project agreements, and double-counting declarations.
- Resolve the document contradictions by publishing a reconciled issuance summary that explains the claimed-versus-verified ER gap and the final position on FPIC, safeguards, and benefit sharing.
Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.
Risk Indicators
VVB-confirmed investment test
No reversal evidence, but buffer not stated
Leakage quantified, but deduction not stated
Project baseline, reassessment timing missing
Grievance mechanism present, FPIC disputed
Not CORSIA-eligible; CCP status not stated
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