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Renewable Energy in Southeast Asia: Powering Sustainable FuturesRenewable Energy in Southeast Asia: Powering Sustainable Futures
Home » Prozeal Green Energy, Golyan Unite For Solar Power Revolution in Nepal
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Prozeal Green Energy, Golyan Unite For Solar Power Revolution in Nepal

Chitrika GroverBy Chitrika GroverOctober 11, 2024Updated:October 16, 2024No Comments
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Prozeal Green Energy, Golyan Unite For Solar Power Revolution in Nepal
Prozeal Green Energy, Golyan Unite For Solar Power Revolution in Nepal
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Prozeal Green Energy Limited, an energy-based company in India, and Golyan Power Limited, a corporate group in Nepal, have signed a joint venture to revolutionize Nepal’s energy landscape. Together, the two companies will develop over 500 MW of solar energy projects, including rooftop and ground-mounted photovoltaic (PV) solar plants, across multiple locations in Nepal over the next 18 months.

This joint venture between Prozeal Green Energy Nepal Pvt. Ltd. (60% stake) and Golyan Group (40% stake) reflects the companies’ shared vision for a sustainable and decarbonized future.

A Joint Vision for a Solar-Powered Nepal

The primary goal of this JV is to harness Nepal’s immense solar potential and deliver clean, sustainable energy solutions. The projects will cater to both Nepal Electricity Authority (NEA) and Commercial & Industrial consumers, contributing to Nepal’s growing renewable energy sector.

As part of this agreement, Prozeal Green Energy will act as the EPC (Engineering, Procurement, and Construction) lead, leveraging its vast expertise in renewable energy projects. Golyan Group will focus on business development, land acquisition, and financing, further strengthening the partnership.

Solar Power: Energizing Nepal’s Future

The 500 MW solar power project will be a cornerstone of Nepal’s shift toward clean energy. By providing renewable energy to industrial and commercial consumers, as well as the national grid, the JV will accelerate Nepal’s path to sustainability and energy independence.

As the demand for clean energy increases, this joint venture will position both companies as frontrunners in the renewable energy sector across South Asia.

Akshay Golyan Golyan Unite Nepal Prozeal Green Energy\ Shobit Rai South Asia
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Chitrika Grover

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