PROJECT DETAILS
| Project Submission No. | S00500 |
|---|---|
| Project Title | 30 MW Solar Power Plant by Aurobindo Pharma Limited |
| Project Owner (as per PSF & LOA) | M/s Aurobindo Pharma Limited |
| Submission Date | 1 Jul 2022 |
| Global Stakeholder Consultation Period | 10 Oct 2022 - 24 Oct 2022 |
| Sector | 1.Energy industries (renewable-/non-renewable sources) |
| Project Type | Solar Power |
| GCC/CDM Methodology & Version | ACM0002 ,Version 21 |
| Forecasted GHG Emission Reduction (tCO2e/Year) | 46,395 (tCO2e/Year) |
| Forecasted E+ Label | Yes |
| Forecasted S+ Label | Yes |
| Forecasted SDG+ Goals |
|
| Forecasted SDG+ Label | Diamond |
| Forecasted Market Eligibility | CORSIA(C+) |
| Country | India |
|---|---|
|
Focal Point of Project Owners (FP)
|
Infinite Environmental Solutions LLP |
| Email of Contact Person of FP (Primary) | jimmy@infisolutions.org |
| Email of Contact Person of FP (Secondary) | jvnreddy@aurobindo.com |
| Documents for Global Stakeholder Consultation | Project Submision
Calculation Sheet Other Documents |
| Project Brief | The proposed project activity is the installation of new 30 MW greenfield solar grid -connected Solar Project activity in Andhra Pradesh, India. The project boundary comprises of project location, Varisam Village, Srikakulam district, Andhra Pradesh and the grid connected power plants connected to the National Grid, where the power is fed into. The power generated is again used for captive consumption purposes in the Pharma unit of the Project owner. At the site in the baseline scenario, where no renewable power plant was operating prior to the implementation of the project activity and the electricity for the plant operation would have been obtained from the National grid. Hence the implementation of the project activity, displaces the consumption of electricity from the National grid. |
|---|---|
| Additional Information | The project activity generates 49,833 MWh of electricity generation with 0.60% degradation. The annual estimated emission reductions from project activity is 46,395 tCO2/annum. Total estimated emission reduction from the project activity during the entire crediting period of 10 years is 463,958 tCO2. |
VERIFICATION OUTCOME
| Opinion | LGAI Technological Center S.A. (Applus+ Certification) has performed a verification of the “30 MW Solar Power Plant by Aurobindo Pharma Limited”. The verification is performed on the basis of GCC criteria project verification standard, Version 3.1 for the project activity, GCC guideline and host country criteria, as well as criteria given to provide for consistent project operations, monitoring and reporting. The review of the final version of GCC PSF and the subsequent remote-audit has provided Applus+ Certification with sufficient evidence to determine the fulfillment of stated criteria. In our opinion, the project meets all relevant GCC project standard requirements for the GCC. The project will hence be recommended by LGAI Technological Center S.A. (Applus+ Certification) for registration with the GCC. By displacing fossil fuel-based electricity with electricity generated from a renewable source, the project results in reductions of CO2 emissions that are real, measurable and give long-term benefits to the mitigation of climate change. Emission reductions attributable to the project are hence additional to any that would occur in the absence of the project activity. Given that the project is implemented as designed, the project is likely to achieve the estimated average annual emission reductions of 46,395 tCO2e per year. The verification has been performed following the requirements of the latest version of GCC verification standard, Version 03.1, GCC Project Standard, version 03.1 and on the basis of the contractual agreement. In detail the conclusions can be summarized as follows: - The project does not result in negative social, environmental and/or economic impacts. - The project contribution to Environment, Social Development and Economic and technological development - The project additionality is sufficiently justified in the GCC PSF. - Conservative assumptions were applied in the project description. - The monitoring plan of SDG parameters is transparent and adequate. - The project meets the local stakeholder consultation requirements. The conclusions of this report show, that the project, as it was described in the project documentation, is in line with all criteria applicable for the verification. |
|---|---|
| Report (Public) | Verification Report (public) |
| Verification report date | |
| First Request for Registration Date | 2023-06-29 |