Bundled Wind Power Project by EKI Energy Services Limited (EKIESL-CDM.April-13-02)
#421of 1935 in Renewable energy#219of 975 in India#271of 1459 in CDM (UNFCCC)#155of 806 in AMS-I.D
Audit Analysis
A CDM wind power project in India with VVB-verified investment additionality and a jurisdictional grid baseline, presenting inherent low reversal risk. However, the project carries a heavy burden of 19 corrective actions and 10 comments at validation, safeguards are not confirmed in the most recent validation report, and the grid emission factor dates to 2012. Overall a moderate-quality credit with solid core methodology but notable documentation and safeguards gaps.
Red Flags
- 19 corrective actions and 10 comments raised at validation, including five CARs specifically on additionality demonstration, indicating significant initial documentation deficiencies
- Safeguards are not confirmed in the 2022 validation report (contradicting the 2016 report), and no FPIC or grievance mechanism is documented
- One wind turbine (0.80 MW) was removed, reducing project capacity from 10.15 MW to 9.35 MW, with a corresponding CAR for missing NOC and purchase orders
- Grid emission factor is from 2012 and no baseline reassessment is recorded in the available documents
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-verified investment test
Wind generation – no reversal risk
0% deemed negligible, reasonable for wind
Jurisdictional grid EF from 2012, no reassessment recorded
Not confirmed in 2022 validation; no FPIC or grievance mecha
CORSIA and CCP status not stated
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