Bundled Wind Power Project in Maharashtra

Audit Analysis

A CDM wind project in Maharashtra with a solid jurisdictional baseline and VVB-confirmed additionality, but undermined by a striking five-fold gap between claimed and verified emissions reductions and thirteen material findings (all since resolved). The verification process ultimately constrained credits to the ex-ante estimate, limiting over-crediting risk, yet the scale of the initial over-claim and the volume of documentation deficiencies raise meaningful concerns about project management quality.

Project Description

Red Flags

• ⚠Claimed ERs of 25,576 tCO₂e are approximately 5× the verified figure of 5,783 tCO₂e, indicating a severe over-claiming episode that the VVB had to correct
• ⚠The verified ER figure (5,783) exactly matches the ex-ante estimate in the 2010 validation report, raising the question of whether the VVB independently recalculated generation or simply applied the PDD estimate as a cap
• ⚠Thirteen material findings (7 CARs, 6 CLs) were raised during verification, spanning additionality documentation, monitoring plan gaps, and de-bundling issues — all resolved but indicative of weak initial project documentation
• ⚠Grid emission factor of 0.9224 tCO₂/MWh is drawn from 2009 data; no evidence of periodic EF updates was found in the extracted record

Credit Vintages