Rajgarh Wind Power Project in Rajasthan

Audit Analysis

The Rajgarh Wind Power Project is a Gold Standard wind energy project with solid additionality (investment test, VVB-verified) and a jurisdictional baseline reassessed in 2023. However, significant concerns arise from a 0% leakage deduction with an 'not addressed' justification, a 27.42% under-delivery of emission reductions relative to the period estimate, and multiple contradictions between the 2024 and 2025 verification reports on key figures including ERR values and crediting period length.

Project Description

Red Flags

• ⚠Leakage deduction of 0% with justification recorded as 'not addressed' in the 2025 verification report, contradicting the 2023 report which stated it was 'quantified'
• ⚠ERR discrepancy: monitoring report (April 2025) states 19,934 tCO2e while the verification report (April 2025) states 26,531 tCO2e — a 33% gap between the two documents for the same period
• ⚠Crediting period contradiction: 2025 report states 2021–2026 (5 years) while the 2023 report states 2016–2026 (10 years), creating uncertainty about the ex-ante lifetime estimate basis
• ⚠Actual ERs (26,531 tCO2e) are 27.42% below the period estimate (36,553 tCO2e) per the 2025 verification report, attributed to technical challenges and wind regimes
• ⚠12 corrective actions remain open, including the requirement for a VVB physical site visit in the next verification cycle

Credit Vintages