Grouped OFF-GRID Renewable Energy Project in India
#506of 770 in Renewable energy#348of 387 in India#581of 629 in Verra (VCS)#16of 26 in AMS-I.F
Audit Analysis
This grouped off-grid renewable energy project in India has a verified additionality assessment and smart-meter monitoring, but is undermined by over 30 material findings, a temporary deviation excluding diesel generator emissions from calculations, 41 plant shutdowns during the monitoring period, and a 0% leakage deduction with no justification. The project delivered 214% of its pro-rata annual expectation, yet the instability of the plant portfolio and unmonitored DG-set emissions create meaningful over-crediting and integrity risks.
Red Flags
- Temporary deviation allows diesel generator (DG set) emissions to be excluded from ER calculations without monitoring, creating a direct over-crediting pathway
- 41 plants shut down and 31 non-operational during the monitoring period, indicating severe project instability and potential leakage as displaced demand shifts to grid or diesel
- Leakage deduction is 0% with justification recorded as 'not addressed' in the most recent verification report, despite the project's high plant turnover
- Baseline emission factor changed from 2.4 (2021 MR) to 0.9105 (2024 MR) without clear reconciliation, and the initial calculation did not use the weighted average of grid and DG-set factors as required by AMS I.F. v3.0
- 30+ material findings and 30+ corrective actions required across the verification cycle, including missing meter calibration evidence, missing stakeholder consultation records, and plant capacity discrepancies
Credit Vintages Exhausted
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2017 | 511 | 511 | 0 | |
| 2018 | 1,066 | 1,066 | 0 | |
| 2019 | 2,245 | 2,245 | 0 | |
| 2020 | 4,568 | 4,568 | 0 | |
| 2021 | 5,171 | 5,171 | 0 | |
| Total | 13,561 | 13,561 | 0 |
Risk Indicators
VVB-confirmed combined test
No buffer pool stated; 41 plant shutdowns signal instability
0% deduction, justification 'not addressed'
Project-specific; EF dropped 62% between cycles; initial cal
FPIC and grievance present per 2024 VR but early-stage gaps
CORSIA not eligible; CCP status not stated
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