250-MW Solar Project in Rajasthan
Sector: Solar • Location: Rajasthan, India
Source: Business Standard
ACME Aklera Power Technology secured Rs 47.40 crore as change in law compensation for a 250-MW solar project in Rajasthan. The compensation covers imposition of basic customs duty on solar cells and modules, increase in GST from 5% to 12%, and carrying cost. The amount will be received through an annuity mechanism over 15 years at a 9% discount rate, ensuring recovery of unforeseen regulatory cost
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Participants
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Status
Original status | operational |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Description
Description | ACME Aklera Power Technology secured Rs 47.40 crore as change in law compensation for a 250-MW solar project in Rajasthan. The compensation covers imposition of basic customs duty on solar cells and modules, increase in GST from 5% to 12%, and carrying cost. The amount will be received through an annuity mechanism over 15 years at a 9% discount rate, ensuring recovery of unforeseen regulatory cost increases and protecting project economics. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Source
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Data quality score | 100% |
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