*PRE_CDM VER Tonk Biomass Project, India

Audit Analysis

The Tonk Biomass Project is a Gold Standard biomass-to-electricity project in India with a jurisdictional baseline and a combined additionality test, but the verification record contains two material contradictions (leakage justification and ERR figures) and several key integrity parameters (buffer pool, permanence, FNRB) are absent from the extracted documents. The project over-delivered relative to its ex-ante estimate for the first monitoring period, which is a positive signal, yet the 0% leakage deduction rests on a contradictory justification and five material findings with two outstanding corrective actions temper confidence in the overall integrity of the credit.

Project Description

Red Flags

• ⚠Leakage justification is contradictory: the verification report (2009-09-21) states leakage was 'quantified' while the monitoring report (2009-10-06) states it was 'deemed negligible', yet the deduction applied is 0% — a quantified assessment should yield a defensible non-zero figure or an explicit quantified zero.
• ⚠Five material findings were raised in the verification report, including generation exceeding the 8 MW nameplate capacity by 0.75% in some months and missing documentation of regional biomass availability, with two corrective actions still required.
• ⚠No buffer pool percentage, permanence claim duration, or reversal-event history is stated in any available document, leaving the permanence and reversal-risk picture entirely unverified.
• ⚠Additionality test type is recorded as 'combined' but explicit VVB confirmation of the additionality assessment is not stated in the extracted record.

Credit Vintages