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VCS Energy industries (renewable/non-renewable sources) India Registry: Registered Documentazione completa General Methodology v2.0

Wind Power Project at Theni by Powerica Limited

VCS-1830 ↗

4.1 / 10
Integrity
4.2
Transparency
4.8
Claim Safety
4.0
Documentation
3.1

Score Breakdown

Integrity

verified Additionality was confirmed by the VVB using an investment test, which is stronger than an unverified assertion.

missing The verification report records major findings, including that regulatory surplus was not addressed and that the project had to provide proof of monitoring for part of the first crediting period.

Transparency

verified The monitoring period is stated as 2022-01-01 to 2023-06-30, and the VVB name is identified in the issuance record.

missing The extracted record shows low extraction confidence and many documentation gaps, including no claimed emissions figure and no stated usage monitoring method.

Claim Safety

verified The project is a wind power activity under AMS-I.D. with a project baseline and a leakage deduction of 0%, which is directionally supportive of lower over-crediting risk.

missing The verification findings flag missing evidence on double counting, inconsistent monitoring details, and unresolved regulatory surplus, all of which raise claim-safety concerns.

Documentation

verified A large number of official documents were used, and the issuance record is recent, dated 2023-10-25.

missing The extraction confidence is low and the record contains many unresolved findings and corrective actions, including missing grievance details and incomplete monitoring evidence.

Detailed Analysis

Integrity

The project has a positive integrity signal because the VVB confirmed additionality through an investment test, and the record shows a project baseline with a leakage deduction of 0%. On the other hand, the verification report lists serious issues, including that regulatory surplus was not addressed, the period from 13 September 2010 to 1 May 2011 was not monitored or verified, and multiple CARs were raised. These findings reduce confidence in the robustness of the credited reductions.

Transparency

Transparency is mixed. The monitoring period and VVB are identified, and the issuance record provides a verified emissions figure of 98,590. However, the extracted record has low confidence, the claimed emissions total is not found, and the usage monitoring method is not stated in available documents. The documentation also contains many corrections and missing details, which limits public clarity.

Claim Safety

Claim safety is weakened by the verification findings even though the project type and baseline approach are broadly consistent with a renewable energy activity. The report notes missing undertakings for no double counting between CDM and VCS, inconsistencies in the monitoring report, and incomplete invoices and calibration evidence. These issues increase the risk of over-crediting or weakly supported claims.

Documentation

Documentation quality is below average because, despite a relatively large document set and a recent issuance date, the extraction confidence is low and the record contains many unresolved findings. The VVB requested numerous corrections, including missing grievance records, incorrect project title, inconsistent meter accuracy class, and missing monitoring evidence. That combination suggests the file is not fully complete or cleanly documented.

Overall

Overall, this is a moderately weak file with some solid elements but significant reliability concerns. I privileged the 2023 issuance record and the latest verification findings over older, conflicting references because they are more recent and more specific; that means the later crediting-period statement and the later leakage/reversal treatment were used as the primary values. The contradictions on crediting period, leakage, reversal treatment, and benefit-sharing were all treated as evidence-quality problems and pushed the scores downward.

Audit Analysis

This wind project has some positive signs, including VVB-confirmed additionality, a quantified leakage deduction of 0%, and no reported reversal events. However, the verification record contains many corrective actions and material findings, including unresolved concerns about regulatory surplus, double counting, monitoring gaps, and inconsistent project documentation, which materially weaken confidence in the claimed reductions.

Project Description

Proponent: POWERICA LIMITED Protocol categories: Energy industries (renewable/non-renewable sources) Protocols: AMS-I.D. Estimated annual GHG reductions: 21864 tCO2e Region: Asia Registration date: 2018-11-28

Red Flags

  • The verification report lists multiple CARs and six assessment findings, including missing proof for no double counting between CDM and VCS and incomplete monitoring evidence.
  • The project description and verification materials contain contradictions on the crediting period, leakage treatment, reversal treatment, and benefit-sharing disclosure.

Credit Vintages

Issued Retired Available
2010
2,722 59 2,663
2011
1,213 1,213 0
2012
752 752 0
2013
17,216 17,216 0
2014
15,871 15,871 0
2015
11,353 11,353 0
2016
19,099 19,099 0
2017
18,933 18,933 0
2018
16,532 16,532 0
2019
15,532 15,532 0
2020
15,721 15,721 0
2021
15,598 13,789 1,809
2022
16,570 1 16,569
2023
5,294 0 5,294
Total 172,406 146,071 26,335

Cosa migliorerebbe questo punteggio

  • Provide a clean, reconciled verification package that resolves the crediting-period contradiction, the CDM/VCS double-counting concern, and the missing monitoring evidence.
  • Publish complete monitoring support, including grievance records, calibration certificates, invoice support, and a clear explanation of the baseline, leakage, and any other program claims.

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

Additionality

VVB-confirmed investment test

Permanence

No reversals reported, but project risk not fully evidenced

Leakage

Leakage deemed negligible with 0% deduction

Baseline

Project baseline stated, but reassessment detail limited

Safeguards

FPIC and grievance mechanism present, but grievance records

Double-claim

CORSIA/CCP status not stated

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Analysis Provenance Scored 2026-04-19 General Methodology v2.0 Documentazione completa

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