Renewable Power Project by Hindustan Gum
GS-4107 ↗ · current registry ID: GS12027
#132of 975 in India#108of 1801 in Gold Standard (GS)#100of 806 in AMS-I.D
Audit Analysis
A Gold Standard wind energy project in India with VVB-verified additionality and no reversal events, but hampered by a project-specific baseline, a 0% leakage deduction, and multiple cross-document contradictions on baseline method, monitoring approach, and lifetime emission reduction estimates. The project delivered approximately 112% of its pro-rata expectation for the elapsed monitoring period, indicating conservative crediting.
Red Flags
- Baseline method is contradictory across documents: the verification report (2025-01-07) states a project-specific baseline while the monitoring report (2025-01-06) describes it as jurisdictional — the less robust project-specific interpretation is privileged
- Lifetime ex-ante emission reductions differ by a factor of two between the PDD (84,622 tCO2e, 2023-06-29) and the appendix (41,308 tCO2e, 2023-11-01), creating uncertainty about the true crediting ceiling
- Usage monitoring method is inconsistent: the validation report references a smart meter while the monitoring report describes an annual survey, raising questions about measurement reliability
- FPIC was not conducted despite the project's presence in a local community (a grievance regarding road damage was received)
Credit Vintages
No issuances recorded on the registry.
Risk Indicators
VVB-verified investment test
Renewable energy; no reversal risk
0% deduction; justification inconsistent across docs
Project-specific; method contradictory across docs
Grievance mechanism present; FPIC not conducted
CCP and CORSIA status not stated
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