Bundled renewable energy project in Gujarat and Karnataka, India
#178of 1935 in Renewable energy#88of 975 in India#72of 1339 in Verra (VCS)#63of 806 in AMS-I.D
Audit Analysis
A bundled wind-energy project in Gujarat and Karnataka with a VVB-confirmed investment additionality test and a jurisdictional grid baseline. The verification report records seven operational material findings (metering deviations, a turbine breakdown) but no corrective actions, and the project delivered roughly 80% of its pro-rata ex-ante expectation for the elapsed monitoring period, indicating conservative crediting. Key gaps include unstated CORSIA/CCP status, a baseline-method contradiction between the validation and verification reports, and medium extraction confidence across the document set.
Red Flags
- Baseline method is described as 'jurisdictional' in the 2023 verification report but as 'project' in the 2019 validation report — the discrepancy is unresolved in the extracted record.
- Seven material findings in the verification report (single-feeder metering deviation, 2 MW turbine outage Nov 2019–May 2020, meter replacements at two sites) indicate operational monitoring weaknesses, though no corrective actions were mandated.
- CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel or double-claiming risk unassessed.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2018 | 5,159 | 0 | 5,159 | |
| 2019 | 7,406 | 0 | 7,406 | |
| 2020 | 9,058 | 500 | 8,558 | |
| 2021 | 11,886 | 0 | 11,886 | |
| 2022 | 8,154 | 2,700 | 5,454 | |
| Total | 41,663 | 3,200 | 38,463 |
Risk Indicators
VVB-confirmed investment test
Not applicable – renewable, no storage
0% – deemed negligible, reasonable for grid displacement
Jurisdictional per VR, but contradicted by validation report
Grievance mechanism present; FPIC not stated
CORSIA and CCP status not stated
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