ACME Solar’s arm awarded Rs 47.40 crore as Change in Law compensation by RERC

Gurugram, November 17, 2025: ACME Solar Holdings Limited subsidiary, ACME Aklera Power Technology Private Limited, has secured an award of Rs 47.40 crore as change in law compensation by the Rajasthan Electricity Regulatory Commission (RERC). As a result of the ruling, the 250 MW solar project contracted with SECI is expected to benefit with an additional revenue of around 3.5% for a period of 15 years.

The case sets a precedent for regulatory certainty and project development cost stability in the renewable energy industry. The awarded compensation includes compensation towards the imposition of basic customs duty on solar cells and modules, the increase in GST from 5% to 12%, and carrying costs.

The total amount is to be received through an annuity mechanism at a discount rate of 9% over a period of 15 years, ensuring fair recovery of unforeseen regulatory cost increases and protecting project economics.

The Hon’ble RERC’s timely adjudication and directions for payment of additional cost in a time-bound manner have reinforced investors’ and developers’ confidence, underscoring a supportive regulatory environment for renewable energy growth in the country.

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