ACME Aklera Power Technology Private Limited, a subsidiary of ACME Solar Holdings Limited, has secured compensation of about Rs 474 million as change-in-law relief from the Rajasthan Electricity Regulatory Commission (RERC). The ruling is expected to boost revenue for the company’s 250 MW solar project contracted with SECI, providing an additional 3.5 per cent income over a 15-year period. The order sets a significant precedent for regulatory clarity and cost stability in India’s renewable-energy sector.

The awarded amount covers the imposition of basic customs duty on solar cells and modules, the increase in GST from 5 per cent to 12 per cent, and carrying costs associated with these changes. The compensation will be paid through an annuity mechanism at a discount rate of 9 per cent over 15 years, ensuring a fair recovery of unforeseen regulatory cost escalations while safeguarding project economics.

The timely adjudication by RERC and its clear directions for payment have reinforced confidence among investors and developers, highlighting a supportive regulatory environment for renewable-energy growth in India