Vishnuprayag Hydro-Electric Project (Vhep) By Jaiprakash Power Ventures Ltd.(Jpvl)
Score Breakdown
Integrity
verified Additionality was confirmed by the VVB using an investment test, and the verification report reports no material findings.
missing Leakage is not addressed, reversal treatment is not stated, and no buffer pool percentage is available.
Transparency
verified The project has a named VVB and a defined monitoring period from 2013-01-01 to 2016-06-02.
missing The extracted record has low extraction confidence, only one evidence document is identified, and key monitoring details such as the usage monitoring method are not stated.
Claim Safety
verified The project is marked as not CORSIA-eligible, which reduces dual-market claim risk.
missing The baseline is project-specific rather than clearly standardized or recently reassessed, and the issuance figures contain major contradictions across documents.
Documentation
verified The record includes a substantial number of extracted facts and the issuance document is dated 2021-05-27, which is relatively recent.
missing Low extraction confidence and multiple contradictions across documents reduce trust in the completeness and consistency of the documentation.
Detailed Analysis
Integrity
The project has some positive integrity signals: the VVB confirmed additionality through an investment test, and the verification report reports no material findings or corrective actions. However, leakage is explicitly not addressed, reversal events are not addressed, and there is no buffer pool information, which weakens permanence and leakage robustness.
Transparency
Transparency is limited by missing monitoring detail and weak document readability. The record names the VVB and provides a monitoring period, but the usage monitoring method is not stated and the extraction confidence is low, so the evidence base is incomplete.
Claim Safety
Claim safety is constrained by the project-specific baseline approach and major inconsistencies in issuance totals. The project is marked as not CORSIA-eligible, which helps, but the contradictory claimed and verified issuance figures create over-crediting and reliability concerns that lower confidence in the credits.
Documentation
The documentation set appears broad, with many extracted fields and a recent issuance document dated 2021-05-27. Still, the extraction confidence is low and several key items are missing or inconsistent, including leakage treatment, reversal handling, and the usage monitoring method.
Overall
I privileged the more recent issuance-era values where the record appears to reflect the final issuance package, but the contradictions materially reduce confidence. In particular, I treated the 2021-era entries as higher priority than older records for safeguards and benefit sharing, while noting that the issuance totals conflict sharply between documents and therefore warrant a downward reliability adjustment. Because the project is a hydro avoidance project with no reversal event reported but also no buffer pool or leakage treatment clearly documented, the overall profile is mixed rather than strong.
Audit Analysis
This is a registered VCS hydro project with VVB-confirmed additionality and no material findings reported, but the evidence set has major reliability issues. The record shows large contradictions in issuance totals and several safeguards/leakage fields are either inconsistent or not addressed, which weakens confidence in the claimed credits.
Project Description
The Vishnuprayag Hydroelectric Project (VHEP) was a run-of-the-river project in India that created 400 MW of energy. It was implemented by Jaiprakash Power Ventures Ltd. (JPVL), a subsidiary of Jaiprakash Associates Limited (JAL).
Red Flags
- The issuance totals conflict sharply across documents, with one record showing 196,922 claimed versus 2,889,200 verified, indicating serious data reliability concerns.
- Leakage is marked as not addressed, and there is no buffer pool or reversal treatment stated in the extracted record.
Credit Vintages
| Issued | Retired | Available | ||
|---|---|---|---|---|
| 2006 | 608,076 | 406,306 | 201,770 | |
| 2007 | 1,504,596 | 1,301,257 | 203,339 | |
| 2008 | 1,212,189 | 1,212,189 | 0 | |
| 2009 | 1,220,334 | 1,145,306 | 75,028 | |
| 2010 | 1,497,064 | 1,497,064 | 0 | |
| 2011 | 1,608,914 | 1,608,914 | 0 | |
| 2012 | 1,303,511 | 1,303,511 | 0 | |
| 2013 | 408,010 | 343,800 | 64,210 | |
| 2014 | 1,222,754 | 1,128,046 | 94,708 | |
| 2015 | 927,106 | 663,739 | 263,367 | |
| 2016 | 331,330 | 283,863 | 47,467 | |
| Total | 11,843,884 | 10,893,995 | 949,889 |
Cosa migliorerebbe questo punteggio
- Provide a reconciled issuance table explaining the conflicting claimed and verified credit totals across documents.
- Publish explicit leakage and reversal treatment, including any buffer pool allocation and the monitoring method for usage or displacement effects.
Questi suggerimenti indicano quali prove pubbliche aggiuntive potrebbero migliorare il livello di confidenza di questa valutazione. Non garantiscono un punteggio futuro più alto.
Risk Indicators
VVB-confirmed investment test
No buffer pool or reversal treatment stated
Leakage not addressed
Project baseline, reassessment not stated
FPIC and grievance mechanism documented
Not CORSIA-eligible; CCP status not stated
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