Chanju I Hydro Electric Project
GS-1425 ↗ · current registry ID: GS7154
#447of 975 in India#551of 1801 in Gold Standard (GS)#709of 1287 in ACM0002
Audit Analysis
The Chanju I Hydro Electric Project is a small-scale avoidance project in India with verified additionality and a reasonable grid emission factor, but it is undermined by a 0% leakage deduction with no documented justification, an unresolved contradiction in reported emission reduction figures, and multiple data-quality findings raised by the VVB. CORSIA eligibility introduces dual-channel risk, and the absence of a stated buffer pool or permanence mechanism leaves residual risk unaddressed.
Red Flags
- Leakage deduction of 0% with justification recorded as 'not addressed' in the verification report (Oct 2025), while the monitoring report (Sep 2025) claims it was 'deemed negligible' — no quantitative or qualitative basis is documented in either source.
- Contradiction in total emission reductions: one monitoring report (Jan 2026) records 65,759 tCO2e while the verification report's material findings cite 352,786 tCO2e achieved vs 373,299 tCO2e estimated; the basis for the discrepancy is unexplained.
- CORSIA eligibility is confirmed while CCP status is not stated, creating potential dual-channel crediting risk.
- Crediting period end date is missing (recorded as null) in the verification report dated 10 Oct 2025, while an earlier verification report (25 Sep 2025) lists 2022-07-26 to 2027-07-25.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2019 | 80,644 | 0 | 80,644 | |
| 2020 | 151,375 | 0 | 151,375 | |
| 2021 | 124,889 | 0 | 124,889 | |
| 2022 | 60,874 | 0 | 60,874 | |
| Total | 417,782 | 0 | 417,782 |
Risk Indicators
VVB-verified investment test
low inherent risk for hydro
0% deduction, justification not addressed in verification report
Project-specific baseline; reassessed 2023
FPIC, grievance mechanism, benefit sharing documented
CORSIA-eligible; CCP status not stated
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