ACME Wins Rs 474 Million Compensation In RERC Change-In-Law Case

18 Nov 2025 CW Team

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

Infrastructure Transport

07 Aug 2026

Government Plans Rs 450 bn Rail Investment Along Borders

The government plans to invest Rs 450 bn to upgrade railways along borders with China, Pakistan and Bangladesh, the press release said. The programme will run over 18 to 24 months and will finance new tracks, platforms and network strengthening across Punjab, West Bengal, Himachal Pradesh, Rajasthan, Assam and several northeastern states. That is about $4.7 bn. Officials indicated the initiative represents nearly 22 per cent of all railway infrastructure outlay planned over the next two years and is among the most significant strategic infrastructure pushes in recent years. The plan extends be..

Indian Railways Approves Daily Express Between Mumbai CSMT And Sawantwadi Road

Indian Railways has approved a new daily express service between Chhatrapati Shivaji Maharaj Terminus (CSMT), Mumbai, and Sawantwadi Road to boost rail connectivity across Maharashtra and the Konkan region. The service will operate over a 510-km route and will run daily as Train No. 15087 CSMT–Sawantwadi Road Express and Train No. 15088 Sawantwadi Road–CSMT Express. It is intended to provide direct and reliable rail connectivity for passengers travelling for tourism, education, employment and business. The Ministry of Railways said the move forms part of ongoing efforts to expand passenger..

SECR Invites Rs 4550.2 mn EPC Tender For Chhattisgarh Line

South East Central Railway (SECR) has invited bids for an engineering, procurement and construction (EPC) contract worth Rs 4550.2 mn for a section of the Dallirajhara-Rowghat-Jagdalpur New Railway Line in Chhattisgarh. The contract covers a nearly 30 km stretch between Kurkanar and Bhanpuri and forms part of the larger corridor linking the mineral-rich Bastar region with the state rail network. The authority has positioned the package as a key link to improve passenger and freight movement within the region. Tender documents carry tender number CAO-C-BSP-26-27-14 and an earnest money deposit ..