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ACME Solar’s Subsidiary Wins ~INR 47.4 Crore Change-in-Law Award

ACME Aklera Power Technology, a subsidiary of ACME Solar Holdings, has been awarded approximately INR 47.40 crore in change-in-law compensation by the Rajasthan Electricity Regulatory Commission (RERC). The ruling is expected to boost revenues for the company’s 250 MW solar project with SECI by roughly 3.5 percent over the next 15 years.

November 17, 2025. By News Bureau

ACME Solar Holdings subsidiary—ACME Aklera Power Technology has secured an award of ~INR 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 the Solar Energy Corporation of India (SECI) is expected to benefit with an additional revenue of ~3.5 percent 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 imposition of basic customs duty on solar cells and modules, increase in GST from five percent to 12 percent and carrying cost. The total amount is to be received through an annuity mechanism at a discount rate of nine percent over a period of 15 years, ensuring fair recovery of unforeseen regulatory cost increases and protecting project economics.

The 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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Change-in-Law Award

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Rajasthan Electricity Regulatory Commission (RERC)

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