Bundled Solar Power Project by Mahindra Susten Private Limited

Audit Analysis

A bundled solar power project in India with confirmed additionality and no reversal risk, but undermined by a project-specific baseline, an unaddressed 0% leakage deduction, eleven corrective actions (including a non-compliant ER calculation and a transposed electricity reading), and ten cross-document contradictions that erode confidence in the data record.

Project Description

Red Flags

• ⚠CAR 04: The verification report states the emission reduction calculation is not in compliance with the applied methodology (ACM0002 v18.1).
• ⚠CAR 05: Verified emission reductions are 12.74% higher than the project's own estimate for the monitoring period, and CAR 06 notes missing calibration certificates for two sub-projects.
• ⚠A transposed electricity export figure (4,549.838 MWh in the JMR vs 4,945.838 MWh in the ER sheet) for Astra Solren 25 MW in January 2019 indicates a data-entry error that was not caught before verification.
• ⚠Leakage deduction is 0% with the justification recorded as 'not addressed' in the most recent verification report (2022-08-22), a deterioration from the earlier 'quantified' justification (2020-05-02).
• ⚠FPIC status is contradictory: the 2018 monitoring report records FPIC as conducted, while the 2021 monitoring report records it as not conducted.

Credit Vintages