Natural Gas based Combined Cycle Power Project at Valantharavai Village, Ramanathapuram District, Tamil Nadu by Penna Electricity Limited [Formerly Arkay Energy Limited]
Developer: Pioneer Power Limited
#1405of 2807 in India#1052of 1608 in Verra (VCS)#26of 57 in AM0029
Score from methodology v2.1 (analysis of 3 Sep 2026). Re-assessment under v2.2 pending.
Assessment
Scale 0–10 · method weights: integrity 35% · transparency 25% · claim safety 25% · documentation 15%.
Findings
Risk Indicators
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Score Breakdown
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Detailed Analysis
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Evidence
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: methodology
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:2026-10-25
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2006 | 1 | 0 | 1 | |
| 2007 | 1 | 0 | 1 | |
| 2008 | 1 | 0 | 1 | |
| 2009 | 1 | 0 | 1 | |
| 2010 | 1 | 0 | 1 | |
| 2011 | 1 | 0 | 1 | |
| 2012 | 2 | 0 | 2 | |
| 2013 | 1 | 0 | 1 | |
| 2014 | 1 | 0 | 1 | |
| 2015 | 1 | 0 | 1 | |
| 2016 | 1 | 0 | 1 | |
| Total | 12 | 0 | 12 |
Methodology versions used
The methodology version stated in each monitoring, verification and issuance document, by period, compared with the official methodology pages.
2006–2012AM0029 v3.0last published version
monitoring report + verification report + issuance document
official page · verified on
2012–2016AM0029 v3.0last published version
monitoring report + verification report
official page · verified on
Period not statedAM0029 v3.0last published version
issuance document
official page · verified on
- AM0029: Withdrawn (CDM / UNFCCC) · replaced byACM0025 · official page · verified on
A version is shown only when the document's own text writes it next to the methodology code. Current versions, status and CCP ranges come from the official pages linked, checked on the date shown.
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Profile & governance
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