GS Engineering & Construction (GS E&C) has officially entered India’s renewable energy market, becoming the first Korean company to participate as a solar power project developer.
The company announced the completion of the Patur Solar Park in Maharashtra, marking the start of commercial operations. The project has a total capacity of 12.75 MWp, roughly equivalent to 12–13 soccer fields, and is expected to generate 18–20 million kWh of electricity annually, enough to power approximately 6,000 households for one year. The solar park is projected to reduce around 8,000 tons of CO₂ emissions annually, supporting India’s and global efforts toward carbon neutrality.
As the project developer, GS E&C handled construction and will operate the facility, directly selling the electricity generated. Around 69% of the output (13.9 GWh annually) will be supplied to Iljin Global India over the next 25 years, while the remaining electricity will be sold to a local real estate developer. The project uses the Open Access Captive model, allowing companies to procure electricity directly through the transmission and distribution network.
The model’s adoption comes amid rising electricity tariffs in India and growing demand for renewable energy, signaling significant growth potential for such projects. GS E&C had prepared for its Indian market entry by establishing a local renewable energy development corporation in 2023.
A GS E&C official stated:
“Through this project, we aim to solidify our position as a renewable energy developer in India and expand our portfolio beyond solar into wind power. By collaborating with Korean companies operating in India and diversifying our customer base, we plan to lead the global carbon neutrality era.”
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 enters India’s renewable energy market with the 12.75 MWp Patur Solar Park in Maharashtra, expected to power 6,000 homes annually and cut 8,000 tons of CO₂ emissions){kind=link}