Grid Connected Wind Power Generation by Asian Fabricx Private Limited

Audit Analysis

A CDM wind power project in India with a jurisdictional baseline and VVB-verified investment additionality test, but the validation report recorded eight material findings—including IRR calculation errors and a missing baseline scenario in the initial PDD—all of which were subsequently corrected. No monitoring reports or verified emission reductions are available in the extracted record, and the project's crediting period ended in August 2021, leaving a significant evidence gap on actual delivery. The 0% leakage deduction is reasonable for a grid-connected wind project, but the absence of any buffer pool or permanence mechanism, combined with low document extraction confidence, limits confidence in the overall claim.

Project Description

Red Flags

• ⚠Eight material findings in the validation report, including double-counting of land cost in the IRR calculation, a pre-tax/post-tax benchmark mismatch, and invalid IRR input values at the time of the investment decision—indicating the initial additionality analysis was materially flawed before correction
• ⚠No monitoring reports or verified emission reduction figures are present in the extracted record despite the crediting period having ended in August 2021, making it impossible to confirm actual delivery against the 99,130 tCO₂e lifetime claim
• ⚠Grid emission factor of 0.9441 tCO₂/MWh is fixed to the 2009 value with no evidence of periodic updating under CDM rules, which could overstate or understate the baseline depending on India's evolving grid mix
• ⚠Low extraction confidence across the document set means at least one key document was poorly readable, reducing reliability of the extracted facts

Credit Vintages

No issuances recorded on the registry.