Bundled Clean Energy Generation Project in Tirunelveli District, Tamilnadu

Audit Analysis

A CDM wind energy project in Tamil Nadu, India, validated by Lloyd's Register with a jurisdictional grid-emission-factor baseline and a VVB-confirmed investment additionality test. The verified first-year emissions reductions (12,798 tCO₂) fall below the validation estimate (15,666 tCO₂), indicating conservative crediting. Twelve material findings were identified at validation and subsequently resolved, but the initial PDD quality issues and several data gaps (CORSIA/CCP status, grievance mechanism) temper confidence.

Project Description

Red Flags

• ⚠Twelve material findings at validation (baseline rationale, IRR depreciation error, sensitivity analysis gaps, QA/QC inadequacy, crediting-period start date) — all resolved but indicating a weak initial PDD
• ⚠ERR contradiction: monitoring report (12,798 tCO₂) is lower than validation report (15,666 tCO₂); basis of comparison (first-year vs. lifetime) is ambiguous across documents
• ⚠CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed
• ⚠Grid emission factor is from 2007; no baseline reassessment date is recorded in the extracted documents

Credit Vintages

No issuances recorded on the registry.