Renewable Solar Power Project by Shapoorji Pallonji
#884of 1935 in Renewable energy#439of 975 in India#550of 1339 in Verra (VCS)#697of 1287 in ACM0002
Audit Analysis
A VCS-registered solar power project in India with a VVB-verified combined additionality test and jurisdictional baseline, but significant gaps in permanence treatment, leakage justification, and safeguards documentation. Multiple corrective actions were raised during verification (all subsequently resolved), and several contradictions between the 2022 and 2024 verification reports indicate inconsistent documentation practices across monitoring cycles.
Red Flags
- Leakage deduction of 0% with justification recorded as 'not addressed' in the 2024 verification report, downgraded from 'deemed negligible' in the 2022 report
- Safeguards documentation is absent: FPIC not conducted, no grievance mechanism, no benefit-sharing arrangement described (per the 2024 verification report)
- Seven corrective action requests (CAR-01 through CAR-06 plus template corrections) were raised, indicating systemic documentation quality issues in the monitoring report
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2018 | 178,156 | 70,000 | 108,156 | |
| 2019 | 382,074 | 329,048 | 53,026 | |
| 2020 | 350,534 | 151,056 | 199,478 | |
| 2021 | 545,212 | 400 | 544,812 | |
| Total | 1,455,976 | 550,504 | 905,472 |
Risk Indicators
VVB-verified combined test
mixed evidence / unresolved risk
0% deduction, justification not addressed
Jurisdictional grid EF, not yet due for reassessment
No FPIC, no grievance mechanism, no benefit sharing
Not CORSIA-eligible, CCP status not stated
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