Grid Connected Wind Power Project By M/S. D. J. Malpani In Rajasthan

Audit Analysis

A grid-connected wind power project in Rajasthan with a fundamentally sound design (investment-test additionality, jurisdictional grid baseline, reasonable zero-leakage justification), but severely undermined by an extensive list of material findings, 21 corrective actions, multiple inter-document contradictions, and a verified emission reduction of only ~60% of the pro-rata ex-ante expectation. The project remains in 'Verification approval requested' status and has not yet been approved for issuance.

Project Description

Red Flags

• ⚠Verified ERR of 24,127 tCO2 is only ~60% of the pro-rata ex-ante expectation (40,299 tCO2 for the 3-year monitoring period out of a 10-year crediting period), and the verification report itself flags an 'insufficient explanation for significant difference between ex-ante and ex-post GHG ERR'
• ⚠30+ material findings and 21 corrective actions across verification and monitoring reports, including missing pre-project scenario, missing stakeholder communication mechanism, inconsistent site-visit documentation, and an unexplained 35% under-delivery versus the registered PDD estimate
• ⚠Registry status is 'Verification approval requested' — the project has not been approved for credit issuance, and multiple foundational documentation gaps remain unresolved
• ⚠Contradiction in baseline method: the 2026 verification report states 'jurisdictional' while the 2012 validation report states 'project', raising questions about which baseline was actually applied
• ⚠FPIC status contradicts between the 2021 verification report (not conducted) and the 2026 verification report (conducted), with no clear resolution documented

Credit Vintages