Solar Park 1: ZGDI's first wholly-owned operating asset

The asset

Solar Park 1 is the first wholly-owned operating asset of Zeit Green Development India. 12.75 MW of installed capacity, commissioned in January 2026 in Maharashtra, supplying two C&I off-takers. The SECI-IV park in Rajasthan is larger (420 MW, co-invested with ReNew), but Solar Park 1 is the asset on which ZGDI's wholly-owned EPC standard, O&M playbook and reporting cadence were first run end-to-end.

Customer structure

Solar Park 1 is contracted under a customer-first off-take structure typical of ZGDI's commercial approach. Each off-taker contracts a defined block of generation against its Maharashtra operations. The PPA is INR-denominated and structured to outlive the typical commercial cycle of either off-taker — the asset is engineered for 25-year operating life.

Why it's the reference asset

Solar Park 1 anchors the ZGDI platform for three reasons. First, it gives ZGDI a verified India operating track record under its own name — not a pitch-deck claim. Second, the engineering, commissioning and O&M protocols followed on this site become the standard for every subsequent project (Solar Park 2, the Solar+Wind Park, Wind Park and the development pipeline). Third, the operations reporting and customer settlement workflows now in place at Solar Park 1 are what scale to the 1+ GW operating fleet on the GS E&C long-term roadmap.

Operating context

Solar Park 1 sits inside Maharashtra's 5th MYT regulatory regime — Time-of-Day banking with revised slots (TOD A through TOD D), an 8-hour banking window (down from 20 hours), and MSEDCL HT-I energy charges that rose to ₹8.68/kVAh in FY 2025–26. The site economics work because the off-take is structured to maximise consumption inside the customer's own demand profile rather than relying on banking-window arbitrage.