Greenhouse Gas Emission Reductions through Wind Energy Generation Technology – Bundle - I

Audit Analysis

A CDM wind-energy bundle in India (14 sub-projects across three states) with a jurisdictional grid baseline and VVB-confirmed investment additionality, but the validation report contains an unusually large number of material findings—financial-analysis errors, PLF below regulatory recommendations, and methodology-version discrepancies—that undermine confidence in the additionality case. No verified monitoring data or post-validation ERR figures were found in the extracted record, and the low extraction confidence across 19 documents limits the depth of assessment.

Project Description

Red Flags

• ⚠Fifteen or more material findings in the validation report, including PLF below levels recommended by TNERC, KERC, and GERC, incorrect tax computations, and missing land costs in cash-flow analysis
• ⚠No verified ERR or monitoring-period data found in any available document, making over- or under-delivery unverifiable
• ⚠Methodology version discrepancy: PDD originally web-hosted under AMS I.D v15 but final submission references v17, with no documented justification for the change
• ⚠Low extraction confidence across the document set, indicating at least one key document was poorly readable or incomplete

Credit Vintages

No issuances recorded on the registry.