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CarbonMeld CarbonMeld Carbon Observatory
Re-assessment pendingGCCIndiaRegistry: Registered

70 MW Bundled Solar Project at Maharashtra & Karnataka

Developer: Narbheram Power and Steel Private Limited

GCC-377 ↗

#2642of 4737 in Renewable energy#1333of 2757 in India#172of 233 in Global Carbon Council (GCC)

Score from methodology v2.1 (analysis of 26 Sep 2026). Re-assessment under v2.2 pending.

Assessment

CarbonMeld document-based assessment

01020304 Overall 5.4 / 10 Dimension scores are locked — the faint arcs are empty tracks, not zero scores.

Scale 0–10 · method weights: integrity 35% · transparency 25% · claim safety 25% · documentation 15%.

Re-assessment pending · v2.1

How this analysis was made

Methodology
GCCM001 No methodology-specific rules: the general rules apply. Read the general rules
Our method
CarbonMeld methodology v2.1 · analysed on 26 Sep 2026 · 8/8 registry documents analyzed · re-assessment under v2.2 pending

Analysis

A 70 MW bundled solar project in India registered under the GCC standard with VVB-confirmed additionality (equity IRR of 8.19% well below the 15.75% benchmark) and a jurisdictional baseline. However, the assumed plant load factor (24.98%) is roughly 60% higher than the actual average (15.65%), creating a significant gap between ex-ante expectations and real-world performance, and six corrective actions remain open from the verification report. CORSIA eligibility is explicitly limited to ACCs issued before end-2020, and several MRV and monitoring details are absent from the available documents.

Red Flags

4 red flags detected — Unlock with Premium

Findings

Risk Indicators

Additionality

🔒

Permanence

🔒

Leakage

🔒

Baseline

🔒

Safeguards

🔒

Double-claim

🔒

Risk indicator details are a Premium feature

Score Breakdown

Score factors per dimension are a Premium feature — Unlock with Premium

Gates applied

The gates applied to this score are a Premium feature — Unlock with Premium

Detailed Analysis

The detailed per-dimension analysis is a Premium feature — Unlock with Premium

Evidence

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On this page: the analysis of 26 Sep 2026, marked “Re-assessment pending”. Per-dimension scores, risk indicators, 4 red flags, score factors, detailed analysis, and 8 registry documents (8 analyzed).

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Eligibility & market

What can you claim with this credit?

Four checks buyers ask about, from the registry and the Integrity Council (ICVCM).

  • Airlines (CORSIA)

    Pilot phase only (2021–2023)

    Eligible only for the pilot phase: not usable for the current 2024–2026 phase.

    Source: registry label · read on 1 Nov 2026

    Covers: credits of this project that carry the label on the registry — not every unit or lot

  • Integrity label (ICVCM CCP)

    No ICVCM information

    No CCP label and no ICVCM decision found for this project's methodology.

  • Removal or reduction

    Emission reduction or avoidance

    Prevents or reduces emissions — fits contribution claims, not SBTi neutralisation.

    Source: project sector

    Covers: the project type, not a label on individual credits

  • Paris Agreement (Article 6)

    Not published

    This registry does not publish Article 6 authorizations.

Information only, from public sources. Claim rules (CORSIA, SBTi, EU rules on green claims) change: check them before making a public claim. Since 27 September 2026, EU consumer rules do not allow “climate neutral” product claims based on offsets.

Registry labels last checked:2026-11-01

Credit Vintages

Issuance data not yet available — check back soon.

Methodology versions used

The methodology version stated in each monitoring, verification and issuance document, by period, compared with the official methodology pages.

  1. Period not statedACM0002 v21.0since replaced by v22.0

    issuance document

    official page · verified on

  • ACM0002: Active (CDM / UNFCCC) · official page · verified on

A version is shown only when the document's own text writes it next to the methodology code. Current versions, status and CCP ranges come from the official pages linked, checked on the date shown.

Documents on the registry

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