Prozeal Green Energy, India's largest solar EPC company with a record of delivering over 2 gigawatts (GW) of solar capacity, is set to play a leading role in Nepal's renewable energy sector. The joint venture with Golyan Power, named ‘Prozeal Green Energy Nepal’, was officially launched at the Prozeal Green Energy Summit 2025 in Kathmandu, on Wednesday.
Electricity Regulatory Commission (ERC) of Nepal Chairperson Ram Prasad Dhital, special guest at the event, announced that the government is introducing various policies to advance renewable energy projects. He highlighted the ERC's commitment to supporting the sector and stated, “The government is always ready to support the private sector in the renewable energy sector as well. I am confident that you will continue to increase your investment.”
Addressing the summit, Independent Power Producers' Association, Nepal (IPPAN) President Ganesh Karki expressed excitement at the Golyan Group's plan to produce 500 megawatts (MW) of electricity. Karki remarked, “I thought that if we want and the government clears the way, we can produce 1,000 MW of energy next year.” He added that this could significantly reduce the need for imported electricity. He pointed out that although a tender for 800MW has been issued, its status remains unclear due to litigation issues. He urged the government to resolve such issues with a clear vision. He emphasised the need for a clear strategy for advancing solar energy and suggested that it be included in the Electricity Bill.
At the event, Solar Power Producers' Association, Nepal (SOPPAN) President Sandip Shah underscored the importance of solar energy in the country’s development. He mentioned that areas like Mustang are ideal for solar production and called for government policies to address existing challenges.
Prozeal Green Energy Nepal aims to install over 500 MW of solar energy projects across Nepal in the next 24 months, positioning the country as a clean energy leader.