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VCS avoidance India Vintage 2024, 2025 Registry: Registered Documentazione completa General Methodology v2.0

Bundled Wind Power Project by Sembcorp Green Infra Limited in India

VCS-1856 ↗

6.3 / 10
Integrity
6.2
Transparency
6.0
Claim Safety
6.4
Documentation
7.1

Score Breakdown

Integrity

verified The monitoring report (2025-06-03) reports no material findings and states that 2 CLs and 7 CARs were identified and successfully closed.

missing Leakage is not consistently treated across monitoring reports (2025-06-03 does not address leakage; 2021-09-06 deems it negligible), and baseline reassessment timing is not stated in the extracted record.

Transparency

verified The extracted record includes a clear monitoring period (2024-05-01 to 2025-02-28), methodology (ACM0002 v19.0), VVB name, and matching claimed vs verified ERs for the latest cycle (155,226).

missing Key figures and disclosures are inconsistent across documents (notably ER totals and safeguards/grievance/FPIC), reducing transparency and auditability.

Claim Safety

verified The project is explicitly not CORSIA-eligible in the extracted record, reducing aviation-claims channel risk.

missing Contradictory ER totals across validation reports (e.g., 155,226 vs 205,831 claimed; 155,226 vs 93,670 verified) increase over-crediting/claims risk.

Documentation

verified A relatively large document set was used (30 documents) including PDD, monitoring report, validation report, issuance, and extraction confidence is high.

missing Despite many documents, several core statements conflict across reports (ER totals, safeguards, grievance mechanism, FPIC), indicating documentation quality/control issues.

Detailed Analysis

Integrity

Additionality is described as an investment test and is confirmed by the VVB in the extracted record, which supports additionality robustness. The monitoring report (2025-06-03) reports no material findings and indicates that 2 clarification requests and 7 corrective action requests were raised and successfully closed, which is a positive control signal. However, leakage is not consistently handled: the monitoring report (2025-06-03) does not address leakage, while an earlier monitoring report (2021-09-06) deems leakage negligible; this inconsistency weakens confidence in completeness. The baseline is project-specific and the timing of any baseline reassessment is not stated in the extracted record, which is a moderate integrity risk for grid-connected renewables.

Transparency

The extracted record provides key MRV elements: monitoring period (2024-05-01 to 2025-02-28), methodology ACM0002 version 19.0, a grid emission factor of 0.9475, and the VVB name (Ecolance Private Limited). For the latest cycle in the extracted record, claimed and verified ERs match at 155,226, which is a transparency positive. Nonetheless, multiple contradictions across documents (including ER totals and safeguards-related disclosures) reduce the ability for an external reader to reconcile what was actually validated/verified and when.

Claim Safety

CORSIA eligibility is explicitly stated as false in the extracted record, which reduces the risk of high-impact aviation-related claims. At the same time, the project has material internal inconsistencies in ER quantities across validation reports (claimed 155,226 vs 205,831; verified 155,226 vs 93,670 depending on document/date), which elevates greenwashing and over-crediting risk because buyers may not be able to confidently identify the correct verified outcome. Leakage treatment inconsistency (negligible vs not addressed across monitoring reports) further increases claims risk by creating uncertainty about whether all required deductions/justifications were applied.

Documentation

Documentation coverage appears broad (30 documents used) and includes core document types (PDD, monitoring report, validation report, issuance), with high extraction confidence, supporting a relatively strong documentation score. However, the presence of repeated contradictions across official documents suggests weak document control or versioning clarity (e.g., safeguards/grievance/FPIC and ER totals differ by report/date). Corrective actions were reported as closed in the monitoring report (2025-06-03), but the contradictions indicate that readers still face challenges determining the authoritative values.

Overall

Overall scoring is pulled down primarily by cross-document inconsistencies that affect both credit quantity confidence and safeguards credibility. For ER quantities, I privilege the most recent monitoring report figure (155,226 in the monitoring report dated 2025-06-03) and the matching claimed/verified values in the extracted record, because monitoring/verification-period documents are typically more authoritative for issued quantities than older validation-era figures; nevertheless, the conflicting validation report numbers (205,831 claimed in 2024-01-26; 93,670 verified in 2024-07-22; 155,226 in 2025-07-28) indicate reliability issues and warrant a score penalty. For leakage, I treat the latest monitoring report (2025-06-03) as controlling and therefore consider leakage insufficiently addressed, rather than relying on the older 2021-09-06 statement that it is negligible. For safeguards/grievance and FPIC, I privilege the more recent monitoring report statements (safeguards mentioned and grievance mechanism present; FPIC conducted) over older validation report statements, but the direct contradiction (including a 2025-07-28 validation report stating FPIC was not conducted) materially reduces confidence and is reflected in lower integrity/transparency/claim-safety scores.

Audit Analysis

This VCS wind power project shows generally solid core MRV signals (claimed and verified ERs match in the extracted record) and additionality is stated as VVB-confirmed via an investment test. However, multiple cross-document inconsistencies (ER figures, safeguards/FPIC, and leakage treatment) reduce confidence in data reliability and increase over-crediting/claims risk.

Project Description

The "Bundled Wind Power Project by Sembcorp Green Infra Limited in India" aims to generate clean electricity by harnessing renewable wind energy. The project involves the installation of 56 Wind Turbine Generators (WTGs) with a total aggregated capacity of 95.5 MW. This is a greenfield bundled project activity consisting of 3 individual projects located in the states of Gujarat (Project 1: 22 MW, Project 2: 24 MW) and Andhra Pradesh (Project 3: 49.5 MW) in India. The electricity generated is exported to the Indian electricity grid, displacing an equivalent amount of electricity that would have otherwise been generated by the fossil fuel-dominant grid. Environmental Benefits: The primary environmental benefit is the reduction of greenhouse gas (GHG) emissions (specifically CO2) by replacing fossil fuel-based power generation with clean wind energy. Over its initial 10-year crediting period, the project is estimated to achieve an average annual emission reduction of 191,006 tonnes of CO2 equivalent (tCO2e). As renewable energy projects, they produce no solid waste (like ash from coal plants), addressing solid waste disposal problems. The project contributes to resource conservation by utilizing a renewable resource for electricity generation. Social and Community Benefits: The project contributes to social well-being by creating job opportunities for the local population, both on a temporary basis during erection and on a permanent basis during operation,

Red Flags

  • Conflicting emissions reduction figures across validation reports (claimed and verified values differ materially by document/date).
  • Safeguards and FPIC/grievance information is inconsistent across documents, weakening confidence in social risk management.
  • Leakage treatment is inconsistent (earlier monitoring report deems negligible; latest monitoring report does not address leakage).

Credit Vintages

Issued Retired Available
2017
103,868 103,868 0
2018
117,158 117,158 0
2019
191,327 0 191,327
2020
172,237 69,390 102,847
2021
180,007 64,282 115,725
2022
181,568 625 180,943
2023
190,914 97,131 93,783
2024
181,709 56,908 124,801
2025
22,269 7,500 14,769
Total 1,341,057 516,862 824,195

Cosa migliorerebbe questo punteggio

  • Publish a clear document/version map (with dates) that reconciles ER quantities across validation/verification/issuance and identifies the authoritative verified ER for each monitoring period.
  • Provide a consistent leakage section in each monitoring report (even if 0%), including explicit justification aligned to ACM0002 requirements and any applicable VCS guidance.
  • Resolve safeguards contradictions by documenting FPIC evidence, stakeholder consultation outcomes, and the grievance mechanism consistently across validation and monitoring reports, with references/annexes.

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

Additionality

Investment test confirmed by VVB

Permanence

Avoidance project; no reversal risk indicated

Leakage

Leakage inconsistently addressed

Baseline

Project-specific baseline; reassessment timing unclear

Safeguards

Safeguards/FPIC/grievance inconsistently documented

Double-claim

Not CORSIA-eligible; CCP status not stated

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Analysis Provenance Scored 2026-04-02 General Methodology v2.0 Documentazione completa

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