Grid connected hydro power project in Sri Lanka

Audit Analysis

A grid-connected hydro avoidance project in Sri Lanka validated by SGS UK in 2012 under CDM methodology AMS.I.D. Additionality is confirmed via an investment test and the baseline is jurisdictional per the validation report, but seven material findings (CARs) were raised during validation covering investment-analysis inconsistencies, benchmark-calculation errors, and project-capacity discrepancies. No monitoring or verification reports are available in the extracted record, and the overall extraction confidence is low, leaving the project's actual performance unverified.

Project Description

Red Flags

• ⚠Seven material findings (CARs) raised during validation, including inconsistencies in the investment analysis (financing currency, interest rate, O&M costs) and benchmark/sensitivity-analysis calculations, which undermine confidence in the additionality claim
• ⚠No monitoring or verification reports are present in the extracted record; the project's actual emissions reductions over its 2012–2022 crediting period are unverified
• ⚠Baseline method is stated as 'jurisdictional' in the validation report but 'project' in the PDD — an unresolved contradiction between the two key documents
• ⚠Minimum extraction confidence is rated 'low', indicating at least one key document was poorly readable and the structured data may be incomplete

Credit Vintages

No issuances recorded on the registry.