Bundled Solar Power Project By Solararise India Projects PVt. Ltd.
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB using an investment test in the validation report.
missing Leakage is not addressed in the monitoring report, and reversal risk is not discussed; buffer pool coverage is also not stated.
Transparency
verified The project has a named VVB and a defined monitoring period in the monitoring report.
missing The monitoring report lists multiple corrective actions, including missing stakeholder consultation details and inconsistent emission reduction comparisons.
Claim Safety
verified The project is not CORSIA-eligible, which reduces dual-market claim risk.
missing The monitoring report shows a leakage justification of not addressed and contradictions in reported emission reduction totals across documents.
Documentation
verified The record draws on many documents, with 38 documents used and high extraction confidence.
missing Several required details are missing or incomplete in the monitoring report, and corrective actions were still required.
Detailed Analysis
Integrity
The validation report confirms additionality through an investment test and the VVB is identified as LGAI Technological Centre, S.A. (Applus + Certification). However, the monitoring report states leakage is not addressed, buffer pool coverage is not stated, and reversal events are not addressed, which weakens the permanence and leakage side of integrity. The project is an avoidance project, so permanence risk is lower than for removals, but the missing treatment of leakage and reversals still matters.
Transparency
The monitoring period is clearly stated and the project has a named verifier, which supports basic traceability. At the same time, the monitoring report lists multiple corrective actions, including missing local stakeholder consultation details, unclear deviation timing, and missing JMR submissions for some periods. These gaps reduce transparency because the reported emission reductions are not fully auditable from the extracted record.
Claim Safety
The project is marked as not CORSIA-eligible, which lowers the risk of overlapping aviation claims. But the monitoring report gives a leakage treatment of not addressed, while the validation report had treated leakage as negligible, and the reported emission reduction totals differ across documents. Those inconsistencies increase over-crediting and claim-risk concerns even though the project is in a standard renewable energy category.
Documentation
The evidence base is relatively broad, with 38 documents used and high extraction confidence, which supports the documentation score. Still, the monitoring report required several corrective actions and some key items were missing, including stakeholder consultation details and calibration certificate submission. The crediting period is long and the monitoring period is recent, but the record remains incomplete in important places.
Overall
The main contradiction is on leakage treatment: the monitoring report says it is not addressed, while the validation report had deemed it negligible. I privileged the monitoring report for current project-state assessment because it is more recent and directly tied to the monitored period, but I reduced confidence because the older validation position conflicts with it. I also privileged the later 2024 figures for emission reductions over older validation-era totals, but the discrepancies between claimed and verified amounts across documents still indicate reliability issues.
Audit Analysis
This is a renewable energy avoidance project with VVB-confirmed additionality, but the documentation shows several unresolved reporting gaps and contradictions. The biggest concerns are the unaddressed leakage justification, missing monitoring details, and inconsistent emission reduction figures across documents, which weaken confidence in the claimed credits.
Project Description
This project generates clean electricity through renewable solar energy sources by installing 120 MW solar projects across different states in India. The project is estimated to replace approximately 213,089 tCO2e per year over the 10-year period, and will displace 220,752 MWh/year of electricity from fossil fuel-based power plants in the Indian grid. The public comment period was open from May to June 2018 with no comments received.
Red Flags
- The monitoring report says leakage is not addressed, even though the validation report previously treated it as negligible.
- The documents contain conflicting emission reduction totals and several missing monitoring details, including local stakeholder consultation and some meter evidence.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2016 | 19,599 | 19,599 | 0 | |
| 2017 | 52,938 | 52,938 | 0 | |
| 2018 | 207,754 | 198,586 | 9,168 | |
| 2019 | 303,939 | 156,453 | 147,486 | |
| 2020 | 285,058 | 189,807 | 95,251 | |
| 2021 | 213,094 | 29,886 | 183,208 | |
| 2022 | 218,429 | 7,032 | 211,397 | |
| 2023 | 181,405 | 0 | 181,405 | |
| Total | 1,482,216 | 654,301 | 827,915 |
Cosa migliorerebbe questo punteggio
- Provide a complete, reconciled monitoring package that explains the emission reduction discrepancies and includes all missing JMRs, meter evidence, and stakeholder consultation details.
- Document a clear leakage assessment and reversal/permanence treatment, including any buffer pool allocation or explicit justification for why it is unnecessary.
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
VVB-confirmed investment test
Avoidance project, but reversal treatment not stated
Leakage not addressed in monitoring report
Project baseline stated, reassessment timing missing
FPIC and grievance mechanism present, but details incomplete
Not CORSIA-eligible, CCP status not stated
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