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Re-assessment pendingVCSEnergy industries (renewable/non-renewable sources)IndiaRegistry: RegisteredAMS-I.F

Grouped OFF-GRID Renewable Energy Project in India

Developer: Swiss Carbon Value Ltd., Husk power Systems Pvt Ltd., Signify

VCS-1857 ↗

#4459of 5075 in Renewable energy#2383of 2796 in India#1497of 1609 in Verra (VCS)#58of 72 in AMS-I.F

Score from methodology v2.1 (analysis of 2 Sep 2026). Re-assessment under v2.2 pending.

Assessment

CarbonMeld document-based assessment

01020304 Overall 3.6 / 10 Dimension scores are locked — the faint arcs are empty tracks, not zero scores.

Scale 0–10 · method weights: integrity 35% · transparency 25% · claim safety 25% · documentation 15%.

Re-assessment pending · v2.1

Analysis

This grouped off-grid renewable energy project in India has a verified additionality assessment and smart-meter-based monitoring, but is undermined by an extensive list of material findings (over 30 issues), a temporary deviation that excludes diesel-generator emissions from the ER calculation, a 0% leakage deduction with no justification in the most recent verification report, and no buffer pool. The project delivered roughly 214% of its pro-rata ex-ante expectation for the monitoring period, which is encouraging, but the data-quality inconsistencies (e.g., 8,201 vs 7,492 tCO2e within the same report) and the sheer volume of corrective actions cast doubt on the robustness of the underlying calculations.

Red Flags

5 red flags detected — Unlock with Premium

Findings

Risk Indicators

Additionality

🔒

Permanence

🔒

Leakage

🔒

Baseline

🔒

Safeguards

🔒

Double-claim

🔒

Risk indicator details are a Premium feature

Score Breakdown

Score factors per dimension are a Premium feature — Unlock with Premium

Detailed Analysis

The detailed per-dimension analysis is a Premium feature — Unlock with Premium

Evidence

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Per-dimension scores, risk indicators, 5 red flags, score factors, detailed analysis, and 26 registry documents (26 analyzed).

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Eligibility & market

What can you claim with this credit?

Four checks buyers ask about, from the registry and the Integrity Council (ICVCM).

  • Airlines (CORSIA)

    No CORSIA label on the registry

    Not usable for airlines' CORSIA obligations.

    Source: registry label

  • Integrity label (ICVCM CCP)

    No ICVCM information

    No CCP label and no ICVCM decision found for this project's methodology.

  • Removal or reduction

    Emission reduction or avoidance

    Prevents or reduces emissions — fits contribution claims, not SBTi neutralisation.

    Source: project sector

  • Paris Agreement (Article 6)

    No Article 6 authorization

    No corresponding adjustment: the host country can also count this reduction towards its own target.

    Source: registry label

Information only, from public sources. Claim rules (CORSIA, SBTi, EU rules on green claims) change: check them before making a public claim. Since 27 September 2026, EU consumer rules do not allow “climate neutral” product claims based on offsets.

Registry labels last checked:2026-10-04

Credit Vintages Exhausted

IssuedRetiredAvailable
2017
5115110
2018
1,0661,0660
2019
2,2452,2450
2020
4,5684,5680
2021
6,0366,0360
2022
2,8342,8340
Total17,26017,2600

Retired by

Organisations named as beneficiaries in the registry's public retirement records.

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Profile & governance

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