Awa and Binwa Small Hydro Power Projects in Kangra District of Himachal Pradesh, India

Audit Analysis

A CDM small-hydro project with a verified investment additionality test and a standard jurisdictional grid baseline, but undermined by a 10× discrepancy in the claimed emission reduction figure between the PDD and the validation report, the absence of any verified monitoring data, and multiple material findings at validation (including an initially omitted diesel generator from the project boundary). The project's crediting period (2012–2022) has expired, and no post-validation performance data is available in the extracted record.

Project Description

Red Flags

• ⚠10× discrepancy in total ERR: the PDD (2011-12-20) states 302,010 tCO₂e while the validation report (2011-12-22) states 30,201 tCO₂e — a factor-of-ten difference that cannot be reconciled from the available documents
• ⚠Diesel generator sets were initially omitted from the project boundary and had to be added in the revised PDD, indicating the original baseline and boundary were incomplete
• ⚠No verified monitoring-period emission reductions are available; total_err_verified is not stated in any extracted document
• ⚠Multiple investment-analysis corrections (IRR, depreciation, WACC, working capital) were required before validation could be completed, raising questions about the robustness of the additionality case
• ⚠Low extraction confidence across the document set, meaning key figures may have been misread or missed

Credit Vintages

No issuances recorded on the registry.