Renewable Solar Power Project by Adani
#452of 1935 in Renewable energy#227of 975 in India#233of 1339 in Verra (VCS)#341of 1287 in ACM0002
Audit Analysis
A VCS-registered solar PV project in India using the standard ACM0002 methodology, with a VVB-confirmed investment additionality test and exact match between claimed and verified emissions reductions for the 2021–2024 monitoring period. However, the most recent verification report (October 2025) indicates that safeguards, FPIC, and a grievance mechanism are absent, and the leakage justification has regressed from 'quantified' to 'not addressed' compared to the 2021 report. Ten contradictions across documents, particularly on social safeguards and baseline classification, reduce confidence in the overall data reliability.
Red Flags
- Most recent verification report (2025-10-17) states no safeguards mentioned, no FPIC conducted, and no grievance mechanism — all contradicted by an earlier verification report (2025-10-13) that reported them as present
- Leakage justification regressed from 'quantified' in the 2021 verification report to 'not addressed' in the 2025 verification report, while the deduction remains at 0%
- Baseline method is described as 'project' in the 2022 verification report but 'jurisdictional' in the 2025 monitoring report — an unexplained reclassification
- No buffer pool is recorded and no permanence claim period is stated, leaving no explicit safeguard against potential reversal
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2019 | 150,236 | 150,236 | 0 | |
| 2020 | 461,519 | 461,455 | 64 | |
| Total | 611,755 | 611,691 | 64 |
Risk Indicators
VVB-confirmed investment test
No storage; no reversal events
0% deduction, justification not addressed
Project-specific; method contradiction noted
No FPIC, no grievance, no safeguards (latest report)
CORSIA excluded; CCP status not stated
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