Renewable Power Project by Saipuram Wind Energies Private Limited
#198of 975 in India#196of 1339 in Verra (VCS)#299of 1287 in ACM0002
Audit Analysis
A VCS wind power project (ACM0002) with a VVB-verified combined additionality test and a specific 2018 grid emission factor. The project is fundamentally sound for its technology type, but documentation inconsistencies between the verification and monitoring reports (baseline method, leakage justification) and a corrected PDD formula error introduce moderate uncertainty. The VVB verified only 70.6% of the claimed ERR for the 2021–2022 period, indicating conservative verification.
Red Flags
- Baseline method is described as 'project' in the verification report (2021) but 'jurisdictional' in the monitoring report (2023) — an unresolved inconsistency in how the baseline is characterised.
- The verification report (2021) records the PDD formula for net electricity generation as incorrect; it was corrected in line with the JMR, indicating an initial documentation error in the registered PDD.
- Leakage justification is inconsistent: 'not addressed' in the verification report versus 'deemed negligible' in the monitoring report, with no quantified analysis in either document.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2017 | 115,302 | 115,302 | 0 | |
| 2018 | 207,067 | 207,067 | 0 | |
| 2019 | 188,071 | 181,044 | 7,027 | |
| 2020 | 145,158 | 81,000 | 64,158 | |
| 2021 | 180,553 | 0 | 180,553 | |
| 2022 | 177,534 | 0 | 177,534 | |
| Total | 1,013,685 | 584,413 | 429,272 |
Risk Indicators
Combined test, VVB-confirmed
Wind power – no reversal risk
0% deduction, justification inconsistent
Method contradicts across documents
Grievance present, FPIC not conducted
CORSIA and CCP status not stated
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