Biomass based Steam Generation plant at Chanakya Dairy Products Limited

Audit Analysis

A Gold Standard biomass steam-generation project (AMS I.C) with a VVB-confirmed investment additionality test and conservative emissions delivery (84% of pro-rata expectation), but undermined by seven unresolved corrective actions, contradictory permanence and crediting-period data across documents, a 0% leakage deduction with minimal justification, and low extraction confidence in the underlying record. The project is functional but carries meaningful data-reliability and documentation gaps that limit confidence in its integrity and transparency.

Project Description

Red Flags

• ⚠Seven corrective actions (CL 01–03, CAR 01–04) remain open in the verification report, including inconsistent calibration dates, missing SD parameters, and unclear Gold Standard transition compliance
• ⚠No buffer pool percentage is stated in any available document, and the verification report marks reversal events as 'not addressed' while the later monitoring report reports none — an unresolved contradiction
• ⚠Crediting period end date is missing in the verification report (2016-02-23 to null) but stated as 2025-11-01 in the PDD, creating uncertainty about the project's remaining validity
• ⚠Minimum extraction confidence is rated low, indicating at least one key document was poorly readable, reducing reliability of the entire evidence base

Credit Vintages