Shree Nakoda Ispat Ltd 12MW Biomass Power Generation Project
#82of 352 in Biomass#495of 975 in India#622of 1339 in Verra (VCS)#317of 806 in AMS-I.D
Audit Analysis
A 12 MW biomass power project in India replacing coal-fired generation, verified by DNV with a jurisdictional baseline and VVB-confirmed investment additionality. The project delivered approximately 71% of its pro-rata ex-ante expectation for the first monitoring period, indicating conservative crediting. However, data-quality issues (missing biomass records, meter calibration delays), absent safeguards detail (no FPIC or grievance mechanism documented), and a 'late to verify' registry status temper confidence.
Red Flags
- Registry status is 'Late to verify', indicating the project fell behind its verification schedule
- Four corrective actions were required in the verification report, including missing biomass consumption data for January 2009 and delayed meter calibration
- No FPIC or grievance mechanism is documented despite safeguards being mentioned
- FNRB value and usage monitoring method are not stated in the extracted record
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2009 | 32,164 | 32,164 | 0 | |
| 2010 | 36,402 | 30,196 | 6,206 | |
| Total | 68,566 | 62,360 | 6,206 |
Risk Indicators
VVB-confirmed investment test
Avoidance type
0% with surplus-biomass justification
Jurisdictional Western Grid, standard method
Mentioned but no FPIC or grievance mechanism
CORSIA and CCP status not stated
Where to buy
Marketplaces
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