Renewable Power Project by Emami Power Ltd
Score Breakdown
Integrity
verified Additionality was tested using an investment test and was confirmed by the VVB in the verification report.
missing The verification report records 5 corrective action requests, including inconsistencies in emission reduction calculations and missing meter documentation.
Transparency
verified The project has a named VVB, Earthood Services Private Limited, and a defined monitoring period in the verification report.
missing The report set shows a large gap between claimed and verified emission reductions, and several supporting documents were missing or not provided.
Claim Safety
verified The project is a renewable energy avoidance activity under ACM0002, with a baseline reassessed in 2023.
missing Leakage treatment is not clearly quantified, and the verified emission reduction figure is materially lower than the amount claimed.
Documentation
verified Multiple official documents were available, including the PDD, validation report, monitoring report, verification report, and appendix.
missing The extraction confidence is only medium, and the verification report notes missing safeguard, sustainability, and metering support documents.
Detailed Analysis
Integrity
The project benefits from a VVB-confirmed investment test, which is a meaningful positive for additionality, and the baseline was reassessed in 2023 under ACM0002. That said, the verification report dated 2020-08-19 lists 5 corrective action requests, including inconsistent emission reduction values, missing meter calibration details, and unclear meter replacement documentation, all of which weaken confidence in the accounting. Leakage is not clearly quantified, and the record does not show a buffer pool or reversal history, so permanence is not a major issue for this avoidance project but remains only partially evidenced.
Transparency
Transparency is mixed: the project has a named verifier, a defined monitoring period, and a substantial document set, which supports traceability. However, the verification report shows a large gap between claimed and verified emission reductions, and several supporting items were not provided, including line diagrams, calibration details, sustainability feedback round documents, and EHS/social guidelines. The absence of a clearly documented usage monitoring method also limits MRV clarity.
Claim Safety
Claim safety is moderate rather than strong because the project is a standard renewable electricity avoidance activity, but the accounting record is not fully clean. The verified emission reductions are far below the amount claimed, and leakage is not clearly addressed beyond a non-quantified or missing justification. CORSIA eligibility and CCP status are not stated in the extracted record, so dual-claim risk cannot be ruled out from the available evidence.
Documentation
The document set is reasonably broad, with official project documents including the PDD, validation report, monitoring report, verification report, and appendix, and the project has a recent monitoring period. Even so, the extraction confidence is only medium, and the verification report itself flags missing safeguard-related and sustainability-related materials. The presence of multiple corrective actions and unresolved document gaps reduces confidence in the completeness of the record.
Overall
Overall, this looks like a legitimate certified renewable energy project with some strong fundamentals, especially VVB-confirmed additionality and a recent baseline reassessment. The main weaknesses are documentation quality and accounting consistency: the verification report and other documents disagree on emission reduction figures, and the crediting period also conflicts between the verification report and the PDD. I privileged the verification report for the verified emissions and crediting-period timing because it is the more recent assurance document, but the contradictions still warrant a downward adjustment in confidence and score.
Audit Analysis
This is a certified Gold Standard renewable power project with VVB-confirmed additionality and a recent baseline reassessment, which supports moderate integrity. However, the verification report records multiple corrective actions, several missing safeguard and metering documents, and a major discrepancy in verified emission reductions, which weakens confidence in the claimed credits.
Project Description
This project generates electricity using renewable solar energy. The project activity reduces anthropogenic emissions of greenhouse gases estimated to be approximately 32,412t CO2e per year, thereby replacing 31,689 MWh/year amount of electricity with renewable energy. The project diversifies the mix of power plants connected to the INDIAN GRID, which is mainly dominated by thermal/fossil-fuel-based power plants. Emami Power Ltd is the promoter of the project activity. Project Impacts and Benefits Decent Work and Economic Growth - During the current monitoring period, the project has conducted 13 training sessions to educate and build capacity. 42 individuals were successfully employed, contributing to the realisation of SDG 8, which aims to promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all. Affordable and Clean Energy - With the generation of 40,278.6 MWh of renewable energy, the project activity contributes to achieving SDG 7, which strives to ensure access to affordable, reliable, sustainable, and modern energy for all, contributing to a greener and more sustainable future. Climate Action - Through emission reductions, this effort aligns with SDG 13, which calls for urgent action to combat climate change and its impacts. By taking significant steps towards reducing greenhouse gas emissions, the project activity contributes to safeguarding our planet for future generations. More project information is available in the Gold Standard Impact Registry . N.B. Individual vintages cannot be selected for purchase. Purchases will include credits from the vintage range stated.
Red Flags
- The verification report lists 5 corrective action requests, including inconsistent emission reduction figures and missing metering/calibration documentation.
- Verified emission reductions differ materially across documents, and the crediting period also conflicts between the verification report and the PDD.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2017 | 17,878 | 8,939 | 8,939 | |
| 2018 | 55,884 | 27,942 | 27,942 | |
| 2019 | 51,184 | 27,780 | 23,404 | |
| 2020 | 27,355 | 26,808 | 547 | |
| 2021 | 27,356 | 11,500 | 15,856 | |
| 2022 | 16,628 | 6,225 | 10,403 | |
| Total | 196,285 | 109,194 | 87,091 |
Cosa migliorerebbe questo punteggio
- Provide a reconciled emissions accounting pack that explains the difference between claimed and verified emission reductions and resolves the crediting-period discrepancy.
- Publish complete metering, calibration, safeguard, and sustainability documentation, including the missing line diagrams and evidence supporting the corrective actions.
Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.
Risk Indicators
VVB-confirmed investment test
Avoidance project with no reversal evidence
Leakage not clearly quantified
Project baseline with reassessment timing known
Safeguards present but incompletely documented
CORSIA/CCP status not stated
Where to buy
Marketplaces
+ Know where to buy this?
Listing multiple projects? Send us a CSV at [email protected].
⚑ Dispute this rating
Sei il proprietario di questo progetto?
Correzione metadati (gratuita)
Nome, paese, marketplace o link errati? Segnalacelo.
Non modifica lo score.
[email protected] →Rivalutazione con nuovi documenti
Hai documentazione aggiornata non ancora inclusa? Puoi richiedere un nuovo run della pipeline con i nuovi input.
Invia Documenti →