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VCS Energy industries (renewable/non-renewable sources) India Registry: Registered Documentazione completa General Methodology v2.0

Biomass based steam generation project by Sterling Agro Industries Ltd.

VCS-563 ↗

4.5 / 10
Integrity
4.8
Transparency
4.2
Claim Safety
3.9
Documentation
5.1

Score Breakdown

Integrity

verified Additionality was confirmed by the VVB using a barrier test, which supports the project’s baseline case.

missing The monitoring report lists multiple corrective actions, including unclear emission equations and missing biomass-fuel monitoring details, which weakens confidence in the emissions accounting.

Transparency

verified The project has a named VVB, a defined monitoring period, and a substantial set of source documents used in extraction.

missing The record shows large discrepancies in reported emission reductions across validation and monitoring documents, and the leakage treatment is described as negligible without a quantified deduction.

Claim Safety

verified The project is explicitly not CORSIA-eligible, reducing one channel of claim overlap risk.

missing The later validation record reports 154,983 while earlier documents report 19,007, creating a serious over-crediting and consistency concern.

Documentation

verified The extracted record includes multiple official document types, and extraction confidence is high.

missing The monitoring report still records several unresolved corrective actions, including host-country approval, conservative parameter use, and double-accounting undertakings.

Detailed Analysis

Integrity

The project’s additionality is stronger than average because the VVB confirmed a barrier test in the validation record, and the baseline is at least identified as project-based under AMS I.C. However, the monitoring report also lists several corrective actions, including unclear project-emission equations and incomplete biomass-fuel monitoring, which reduces confidence in the robustness of the emissions calculations. Leakage is described as negligible, but no quantified deduction is provided, so the treatment is only partially substantiated.

Transparency

Transparency is mixed: the record names the verifier, provides a monitoring period, and includes multiple official documents. At the same time, the documentation contains major inconsistencies in reported emission reductions, with the later validation record showing 154,983 while earlier validation and monitoring records show 19,007. The leakage justification is stated as negligible in the monitoring report, but the absence of a quantified deduction limits auditability.

Claim Safety

Claim safety is weakened by the large discrepancy in credited volumes across documents, which raises over-crediting risk and suggests the project’s reported outcomes are not fully stable across reporting cycles. The project is explicitly not CORSIA-eligible, which helps reduce dual-market claim risk, but there is no CCP status stated. Because the baseline is project-specific rather than a clearly standardized or recently reassessed jurisdictional baseline, the overall claim position remains cautious.

Documentation

Documentation breadth is decent, with validation, monitoring, PDD, and issuance materials reflected in the extracted record, and extraction confidence is high. Still, the monitoring report includes several corrective actions, including missing host-country approval at the time of site visit and unclear monitoring parameters, which indicates documentation gaps in the underlying project file. The crediting-period dates also differ across documents, adding to the sense that the record is not fully harmonized.

Overall

I privileged the later validation record for the higher emission-reduction figure because it is the more recent document, but I discounted confidence because it conflicts sharply with earlier validation and monitoring figures. I also privileged the later monitoring report for safeguards because it shows FPIC, grievance, and benefit-sharing measures, while noting that earlier records did not. These contradictions materially reduce reliability, so the score is held down despite some positive evidence on additionality and safeguards.

Audit Analysis

The project has some strengths, including VVB-confirmed additionality and documented safeguards, but the evidence base is weakened by major inconsistencies in credited volumes and older monitoring-era findings. Leakage is treated as negligible, yet the record does not show a quantified deduction, and the project is not CORSIA-eligible, which limits claim safety.

Project Description

Proponent: Sterling Agro Industries Ltd. Protocol categories: Energy industries (renewable/non-renewable sources) Protocols: AMS-I.C. Estimated annual GHG reductions: 9500 tCO2e Region: Asia Registration date: 2020-04-06

Red Flags

  • Credited and verified emission reductions conflict across documents, with 154,983 shown in the later validation record versus 19,007 in earlier validation and monitoring records.
  • Several corrective actions were required, including missing host country approval at the time of site visit, unclear emission equations, and incomplete biomass-use monitoring.

Credit Vintages

Issued Retired Available
2009
19,007 18,802 205
2013
26,520 16,203 10,317
2014
26,433 0 26,433
2015
25,849 0 25,849
2016
26,010 3,500 22,510
2017
24,242 21,750 2,492
2018
25,929 233 25,696
Total 173,990 60,488 113,502

Cosa migliorerebbe questo punteggio

  • Provide a reconciled emissions statement that explains the 154,983 versus 19,007 discrepancy and ties each figure to a specific reporting period and document.
  • Add a quantified leakage assessment, complete biomass sourcing and monitoring details, and close out all corrective actions with clear evidence in the public record.

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

Additionality

VVB-confirmed barrier test

Permanence

Avoidance project; no reversal events reported

Leakage

Negligible claim without quantified deduction

Baseline

Project baseline stated, reassessment timing missing

Safeguards

FPIC and grievance mechanism documented

Double-claim

Not CORSIA-eligible; CCP status not stated

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Analysis Provenance Scored 2026-04-15 General Methodology v2.0 Documentazione completa

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