Vikas Valmiki, posted as an account officer in Baran, was caught accepting the money from a contractor engaged by JVVNL, Rajendra Singh Gogawat, Additional Superintendent of Police, ACB, said.
Valmiki had demanded a bribe of Rs one lakh to clear the bills submitted by the contractor, but they later negotiated the amount to Rs 75,000, according to Gogawat.
The contractor had filed a complaint with the ACB about the demand for bribe by Valmiki.
The ASP said a total of Rs 53,000 unaccounted money was also recovered from Valmiki's office drawyer and his home.