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VCSEnergy industries (renewable/non-renewable sources)India Registry: RegisteredACM0002

Grid connected 25 MW PV solar power project at Charanka in Gujarat

VCS-1685 ↗

#947of 1935 in Renewable energy#480of 975 in India#593of 1339 in Verra (VCS)#743of 1287 in ACM0002

5.2/ 10
Integrity
5.5
Transparency
5.0
Claim Safety
5.5
Documentation
4.5

Audit Analysis

A 25 MW grid-connected solar PV project in Gujarat with a solid investment-test additionality assessment confirmed by the VVB, but undermined by a project-specific baseline (contradicted by a jurisdictional reference in the monitoring report), an unaddressed 0% leakage deduction, and 14 corrective actions flagging significant MRV documentation gaps. The verified-to-claimed ERR ratio of ~96% for the 2020–2022 monitoring period is reasonable, but the absence of CORSIA/CCP status and a buffer pool leaves residual over-crediting and permanence uncertainty.

Red Flags

  • Leakage deduction of 0% with justification recorded as 'not addressed' in the 2025 verification report, despite grid-connected solar projects potentially displacing consumption elsewhere
  • 14 corrective actions required in the verification report, including incomplete metering diagrams, missing calibration details, and inconsistent EFgrid descriptions between the PDD and monitoring report
  • Baseline method contradiction: verification report states 'project' while the monitoring report states 'jurisdictional' — the less robust project-specific baseline is privileged
  • CORSIA eligibility and CCP status are not stated in any available document, leaving dual-channel risk unassessed

Credit Vintages

IssuedRetiredAvailable
2012
29,88729,8870
2016
26,67610,55816,118
2017
73,66073,6600
2018
72,83672,8360
2020
52,40052,252148
Total255,459239,19316,266

Risk Indicators

Additionality

Investment test, VVB-confirmed

Permanence

avoidance-type project

Leakage

0% deduction, justification not addressed

Baseline

Project-specific; method contradicted across docs

Safeguards

FPIC and grievance mechanism present but contradicted in MR

Double-claim

CORSIA and CCP status not stated

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Analysis ProvenanceScored2026-09-02ACM0002

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