ACME Solar arm gets Rs 47.40-cr 'change-in-law' compensation for Rajasthan project

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....CME Solar arm gets Rs 47.40-cr 'change-in-law' compensation for Rajasthan project<BR>Customs & Trade<BR>Dated:- 17-11-2025<BR>PTI<BR>New Delhi, Nov 17 (PTI) ACME Solar Holdings on Monday said that its arm ACME Aklera Power Technology has secured Rs 47.40 crore as "change in law compensation" for a 250-MW solar project in Rajasthan. The ruling of the Rajasthan Electricity Regulatory Commission (R....

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....ERC) for the project contracted with SECI is expected to benefit with an additional revenue of 3.5 per cent for 15 years, a company statement said. The awarded amount includes "compensation towards imposition of basic customs duty on solar cells and modules, increase in GST from 5 per cent to 12 per cent and carrying cost". "The total amount is to be received through an annuity mechanism at a ....

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....discount rate of 9 per cent over a period of 15 years, ensuring fair recovery of unforeseen regulatory cost increases and protecting project economics," it said. According to ACME Solar, the case sets a precedent for regulatory certainty and project development cost stability in the renewable energy industry. "The RERC's timely adjudication and directions for payment of additional cost in a ti....

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....me-bound manner have reinforced investors and developers' confidence, underscoring a supportive regulatory environment for renewable energy growth in the country," it said. ACME Solar Holdings Limited is a leading integrated renewable energy player with a diversified portfolio spanning solar, wind, storage, FDRE and hybrid solutions and an operational capacity of 2,918 MW and under construction ....

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....capacity of 4,472 MW including 13.5 GWh of battery energy storage system installation. PTI KKS HVA<BR> News - Press release - PIB....