Energy Efficiency Measures Across Commercial Buildings in India by SJPL 001
#15of 203 in Industrial#85of 385 in India#172of 632 in Verra (VCS)
Audit Analysis
A VCS-registered energy efficiency project (AMS-II-E) in Indian commercial buildings with VVB-confirmed investment additionality and smart-meter monitoring, but weakened by a project-specific baseline, an unaddressed leakage justification, and a contradiction on FPIC status between the PDD and validation report. No monitoring-period data is available to verify actual delivery against the 226,240 tCO₂e lifetime claim.
Red Flags
- Leakage deduction of 0% with justification recorded as 'not addressed' in the most recent validation report (July 2025), while an earlier validation report (August 2024) stated it was 'deemed negligible' — the inconsistency undermines confidence in the zero-leakage assumption
- FPIC status contradicts between the PDD (conducted) and the validation report (not conducted); the VVB's finding of 'not conducted' is privileged as the authoritative verification, but the discrepancy signals a documentation or process gap
- 19 Corrective Action Requests were raised during validation — while all were closed, the volume suggests iterative issues in the project documentation or design
- No monitoring-period report is present in the extracted record, so actual credit issuance versus the 226,240 tCO₂e lifetime estimate cannot be independently verified
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-confirmed investment test
Non-AFLOU; no reversal risk
0% deduction, justification not addressed
Project-specific; no reassessment date
Grievance mechanism present; FPIC contradicted
CORSIA and CCP status not stated
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