Pavagada Solar Renewable Power Project by Greenko Group

Audit Analysis

A registered VCS solar project (ACM0002) in India with a jurisdictional baseline and VVB-confirmed additionality, but the verification process surfaced 14 corrective actions covering calculation errors, missing supporting documents, and metering discrepancies. The project type carries inherently low reversal and leakage risk, yet the extensive corrective actions and low extraction confidence in the available record limit confidence in the robustness of the MRV chain.

Project Description

Red Flags

• ⚠14 corrective actions were raised during verification, including incorrect net electricity values for multiple months, a metering diagram inconsistent with onsite practice, and missing calibration certificate dates — indicating material weaknesses in the monitoring and reporting process
• ⚠The commissioning certificate for the project was not provided to the assessment team, and supporting technical documents were missing from the monitoring report
• ⚠FPIC was not conducted (stated as false in the verification report), which is a gap for a project operating in a community context in India
• ⚠Low extraction confidence across the document set means several key parameters (FNRB, usage rates, buffer pool) could not be confirmed from available records

Credit Vintages