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Established in 2002, Panchshil Realty (Panchshil) is one of India's finest luxury real estate developers. Renowned for its leadership and excellence in real estate development, Panchshil has successfully delivered over 23 million sq. ft. of prime real estate, with 20 million sq. ft. under development across multi-asset classes.

Panchshil's portfolio spans across high-end residential developments, IT parks, built-to-suit office spaces, Special Economic Zones (SEZ), hotels, convention centres and luxury retail malls. The company’s developments comprise of key landmarks of tomorrow's Pune, such as India’s first internationally branded residences Yoopune by Philippe Starck and John Hitchcox, and the first Trump branded residences – Trump Towers Pune, EON Free Zone in Kharadi - a 4.5 million sq. ft. IT & ITeS SEZ spread over 57 acres, the International Convention Centre - South Asia's largest trade and convention centre, World Trade Centre Pune, and an award-winning built-to-suit office campus for Cummins India amongst others.

With global partners like YOO, Trump Organization, JW Marriott, The Ritz-Carlton, Hilton, Oakwood and World Trade Centre Association amongst others, Panchshil has played a significant role in putting Pune on the world map and added to its growing global identity.

Recipient of multiple awards in luxury homes and office space development, Panchshil is synonymous with premium finish, intelligent floor layouts, innovative solutions, high-quality execution, and after-sales service.

M/s EON Kharadi Infrastructure Private Limited (“EON”) being one of the reputed Development by Panchshil, is a company incorporated under the provisions of the Companies Act, 1956 having its registered office at Tech Park One, Tower E, S.No. 191/A/2A/1/2, Next to Don Bosco School, off. Airport Road, Yerwada, Pune-411006, Maharashtra, India.

EON, under Section 3 of the Special Economic zones (SEZ) Act, 2005 has setup sector specific Special Economic zones for Information and Technology and Information Technology Enabled Services (IT &ITes) at Survey No 77 MIDC Knowledge Park- Kharadi, Pune & at Survey No 72 , Kharadi Pune which has been notified as Developer of the SEZ by the Ministry of Commerce & Industry (Department of Commerce) vide Notification No. S.O. 1631(E) dated 28th September 2006 and Gazette Notification No. S.O. 1036(E) dated 31st March 2017 respectively .

The Ministry of commerce & Industry (Department of commerce), Government of India vide its Notification under clause (b) of sub section (1) of Section 49 of the Special Economic Zones Act, 2005 dated March 3, 2010, specified that the Developer of the SEZ is deemed to be a Distribution Licensee under the provisions of the Electricity Act, 2003. The proviso inserted in clause (b) of Section 14 of the EA2003 is as under:

   “Provided that the Developer of a Special Economic Zone notified under (l) of section 4 of the Special Economic Zones Act, 2005, shall be deemed to be a Licensee for the purpose of this cause, with effect from the date of notification of such Special Economic Zone”.

Further, EON has undertaken the power distribution business to the inside SEZ Area as per SEZ ACT 2005 & the proviso inserted in clause (b) of Section of the EA 2003. Maharashtra Electricity Regulatory Commission after taking cognizance of the Notification issued by Ministry of Commerce and Industry and following the due regulatory process, took on record the EON’s status as a deemed Distribution Licensee for Kharadi SEZ area vide Order dated 5th June 2020 in Case no. 67 of 2020 and 68 of 2020.

In view of the above, EON is a deemed Distribution Licensee in its SEZ area at Survey No 72 MIDC Knowledge Park- Kharadi, Pune and Survey No 72 Kharadi Pune in the State of Maharashtra. EON SEZ-I & II has started Distribution Licensee operations on 6th November 2020 & 5th March 2021 respectively, and is operational till date.

Key Features and Highlights:

  • Personalized customer service with minimal response time and highly-trained staff.

  • 24x7 monitoring of power flow and other network parameters.

  • Automated and accurate meter readings, free of manual interference.

  • Distribution loss and performance indices meet global standards.

  • The total harmonic distortion is well within the range prescribed in IEEE 519-2014, enabling high-end software testing.

  • Automated voltage regulation provides constant and prescribed voltage, with proper reactive compensation.

  • Robust backbone network with more than one source.

  • Distribution Licensee is recognized as state pool participant, this allows to over draw or under draw in case of variation in demand and supply.

  • Trained and skilled personnel closely study the load pattern and forecast demand, to reduce the gap between demand and supply.