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

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..