Green Energy Project at Kutch by Powerica Limited

Audit Analysis

A 7.2 MW wind energy project in Kutch, India, verified by TÜV SÜD South Asia, with no reversal events and no material findings. However, the project carries significant data-quality concerns: a contradiction in baseline method between the verification and monitoring reports, an emission-factor inconsistency flagged as a corrective action, 18 outstanding corrective actions (many concerning missing calibration records, invoices, and technical specifications), and a low extraction confidence across the 32-document record. The 0% leakage deduction is reasonable for a renewable-energy project, and CORSIA ineligibility is confirmed, but the overall evidentiary picture is weakened by the volume of unresolved documentation gaps.

Project Description

Red Flags

• ⚠The 2023 verification report flags that the emission factor used in the monitoring report's baseline calculation is inconsistent with the registered VCS Project Design Document — a direct threat to the validity of the 39,235 tCO₂e claim.
• ⚠Baseline method is characterised as 'project-specific' in the 2023 verification report but 'jurisdictional' in the 2023 monitoring report, creating ambiguity about which baseline methodology actually underpins the credit.
• ⚠Eighteen corrective actions remain open, including missing calibration certificates, JMR sheets, invoices, commissioning certificates, and the power purchase agreement for the full monitoring period.
• ⚠FPIC status is contradictory: the 2021 verification report records it as not conducted, while the 2023 monitoring report records it as conducted, with no reconciliation in the record.
• ⚠Min extraction confidence is rated low, indicating at least one key document was poorly readable, reducing reliability of the extracted data.

Credit Vintages