Bundled Wind Project Activity by M/S Intex Industries Ltd and M/S Intex Technologies (India) Limited

Audit Analysis

A CDM wind energy project with a jurisdictional baseline and VVB-confirmed investment additionality test, but the validation report identified 17 material findings and corrective actions spanning financial assumptions, plant load factor evidence, and procedural gaps. The absence of any verified ERR figure in the extracted record prevents assessment of actual delivery against the 74,770 tCO₂e lifetime claim. The project is fundamentally sound in design but carries moderate documentation and verification gaps.

Project Description

Red Flags

• ⚠17 material findings and corrective actions identified in the validation report, including IRR calculation inconsistencies, missing plant load factor evidence, and absent justification for zero project emissions
• ⚠No verified ERR figure found in any available document, making it impossible to confirm actual credit delivery against the 74,770 tCO₂e lifetime claim
• ⚠Contradiction between the PDD (leakage deemed negligible) and an earlier appendix (leakage quantified) creates uncertainty about the correct treatment
• ⚠Low extraction confidence across the document set, with one document of unknown type, reducing reliability of the extracted record

Credit Vintages

No issuances recorded on the registry.