ACME Solar Holdings Limited’s subsidiary, ACME Aklera Power Technology Private Limited, has been awarded approximately INR 47.40 crore as Change in Law compensation by the Rajasthan Electricity Regulatory Commission (RERC). This compensation relates to a 250 MW solar project and is expected to increase revenue by about 3.5% over 15 years, enhancing regulatory certainty and project stability.
RERC Compensation Award
ACME Solar Holdings Limited announced on November 17, 2025, that its subsidiary, ACME Aklera Power Technology Private Limited, has secured an award of approximately INR 47.40 crore. The compensation was awarded by the Rajasthan Electricity Regulatory Commission (RERC) due to changes in law impacting project costs.
Project Impact and Benefits
The compensation relates to a 250 MW solar project contracted with SECI. The ruling is projected to increase the project’s revenue by approximately 3.5% over a 15-year period. This outcome establishes a beneficial precedent, promoting regulatory certainty and greater cost stability for renewable energy projects.
Details of the Compensation
The compensation covers the imposition of basic customs duty on solar cells and modules, an increase in Goods and Services Tax (GST) from 5% to 12%, and associated carrying costs. The total amount will be received through an annuity mechanism at a discount rate of 9% over 15 years, ensuring the recovery of unforeseen regulatory cost increases and protection of project economics.
Positive Regulatory Environment
The RERC’s timely adjudication is seen as reinforcing investor and developer confidence, underscoring a supportive regulatory environment essential for renewable energy growth within the country.
Source: BSE