Gangakhed Sugar & Energy Private Ltd (GSEPL) 30 MW Bagasse Based Co-generation Power Project

Audit Analysis

This 30 MW bagasse co-generation project in India has a confirmed investment-test additionality and a standard methodology (ACM0006), but is severely undermined by 18 material findings, 20+ corrective actions, negative emission reductions in two sub-periods, and a 55% shortfall versus the original PDD estimate. The absence of project-emissions calculations, unaccounted grid electricity imports, and a 0% leakage deduction with thin justification raise serious concerns about the accuracy of the net reduction figure. Documentation quality is poor, with multiple cross-document inconsistencies and an expired-standard reference in the validation report.

Project Description

Red Flags

• ⚠Emission reductions for 2017-2018 and 2020-2021 are negative, meaning the project may have increased emissions relative to baseline in those years
• ⚠Total verified reductions (144,862 tCO2e) are 55% lower than the PDD lifetime estimate, indicating a fundamentally over-optimistic baseline
• ⚠Project emissions calculations are missing and grid electricity imports are not accounted for, so the net reduction figure may be overstated
• ⚠18 material findings and 20+ corrective actions across validation, verification, and monitoring reports signal systemic MRV weaknesses
• ⚠FPIC was not conducted despite the project operating in a community setting in India

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