Golyan Group

Last updated

Golyan Group
Founded1960
FounderSohan Lal Golyan
TypePrivate
Headquarters Kathmandu, Nepal
ProductsManufacturing, Agriculture, Banking & Insurance, Renewable Energy, Construction and Hospitality.
Key people
Pawan Golyan (Chairman)
Revenue
USD 400 Million (2022)
Employees
5000+
Website golyangroup.com

Golyan Group is a Nepalese corporate business enterprise of that has been doing business in Nepal for more than six decades. The group has made investments in various business verticals, including manufacturing, agriculture, tourism, real estate, financial services, and renewable energy. [1] [2] [3]

Contents

Golyan Group has a presence in multiple domestic locations, including its headquarters in Kathmandu, Nepal. The company's domestic locations encompass Westar Residency in Balkumari, Patan, The Residences at Hyatt Place; and Hyatt Place Hotel in Soaltee Mode, Kathmandu; Reliance Spinning Mills in Itahari, Khanar, Shivam in Koshi Highway, Tankisinuwari, Tricot in Rani, Biratnagar, commercial farms in Jhapa and other places in Nepal. The group has a portfolio of 14 hydro and solar projects spread across Nepal. Additionally, its products are sold worldwide in countries such as Canada, the United States of America, the United Kingdom, Germany, Italy, Turkey, Yemen, Kenya, India, Bangladesh, and Singapore. [4] [5]

Board

The Golyan Group is a family-owned business.The board of directors consists of the following. [6]

PositionPersonnel
ChairmanPawan Golyan
Vice ChairmanBasu Dev Golyan
DirectorAkshay Golyan
DirectorAnant Golyan
DirectorShakti Golyan

Business

Energy

Golyan Group holds a survey license for 900 MW of combinded Hydropower and solar power. The group is actively working on 14 projects with a goal pf achieving 900 MW by 2030. [7] The projects include Elevate Energy Pvt. Ltd and Apollo Energy Pvt. Ltd that is building the 135 MW Namlan Khola Hydropower Project and 306 MW Upper Mugu Karnali Hydropower Project. [8] Both of these projects recently received technical assistance grant from the U.S. International Development Finance Corporation. [9] [10]

In addition, Pure Energy Pvt. Ltd has developed 20 MW (10 MW + 10 MW) Solar Power plant in Nepalgunj (Banke), with Pure Energy II commencing its commercial operation on May 1st, 2023. [11] [12]

List of hydropower projects

  • Upper Balephi- A (36 MW)- Balephi Hydropower Limited
  • Isuwa Khola Hydropower Project(97.2MW)- KNBR Iswa Hydro Power Limited
  • Lower Apsuwa HydropowerProject (54 MW) -Mizu Energy Limited
  • Upper Balephi Hydropower Project(46 MW)- Upper Balephi Hydro Power Limited
  • Namlan Khola Hydropower Project (135 MW)
  • Upper Mugu Karnali Hydropower project (306 MW) [13]

List of Solar power projects

  • Pure Energy Part 1 and 2: Grid Connected Solar Project Banke (20 MW)
  • Positive Energy Part 1 and 2: Grid Connected Solar Project Kapilvastu (20 MW)

Manufacturing

Reliance Spinning Mills Ltd.

Reliance Spinning Mills Ltd. (RSML) is a public limited company established in 1994 AD and is the largest spinning mills in Nepal with an investment of NPR. 15.5 Billion. [14] [15]

The company operates two factories: Unit A located at Khanar, Sunsari, and Unit B located at Duhabi, Sunsari, Nepal. RSML utilizes machinery from textile machinery manufacturers such as LMW, Savio, Schlafhorst/Saurer, Vijay Laxmi, Peass, Mylon, Murata, Rieter & Aalidhra Textool.

RSML engages in manufacturing Polyester, Viscose, and Acrylic, and their various blends in grey, dyed, melange yarn & DTV yarns. RSML installed a capacity of 9,000 spindles in 1996 to the present installed capacity of 79,824 ring spindles & 960 vortex spindles (Equivalent to 19,200 ring spindles) making the factory capable of producing 40,680 tons of yarn annually. The company also started the expansion of 1,440 vortex spindles (Equivalent to 28.800 ring spindles). Open End plant & additional TFO twisters for making the factory capable of producing 8,280 tons annually. After the recent commission of two new production lines in June 2023, the Company's installed capacity brings the total production to 120MT/day. [16]

Awards:

  1. Excellence Award in Value-added Export category 2022 [17]
  2. Excellence in Industrial Relations Award 2022 [18]
  3. Top Employment Provider 2020 by Nepal Foreign Trade Association

Tricot Industry

Tricot, a private-sector enterprise, specializes in the production of cashmere knitwear and exports its products worldwide. Tricot is a socially certified company in the cashmere/pashmina industry in Nepal for social compliance, as recognized by SEDEX. [19]

Tricot Industries owns the following brands

  1. WOSA LENA [20]
  2. Scottish Borders [21]

Shivam Plastic Industry

Shivam is a manufacturing unit within the Golyan Group, specializing in propylene-based woven fabric production. Established in 2000, Shivam Plastic Industries Pvt. Ltd. is a manufactures polypropylene woven fabric and HDPE woven tarpaulin fabric. It's products are sold both in the domestic market and exported, primarily to India. It has an annual production capacity of 10,000 metric tons per annum (MTPA). Shivam is a joint venture of the Golyan family (Golyan Group) and the Agarwal family. [22]

Shivam Plastics was started in 1998, it is one of the manufacturers of HDPE/PP woven fabrics in Nepal. It has three tapelines (lorex1000, lorex1200, and lorex1400). [23]

Agriculture

Golyan Group has diversified its investment in the Agriculture sector through Golyan Agro, the agricultural wing, Golyan Agro has established its own brand and supply chain for the agricultural goods it produces, selling them under the brand "Mato". [24]

The Golyan Group expanded its investments into the agriculture sector with a total investment of approximately Rs 1.5 billion. Golyan Agro, a subsidiary of the group, invested Rs. 400 million to plant lemon, papaya, watermelon, and mango trees in the Madargachha, Chakchake, and Gherabari areas of the district for farming purposes. The company has two hundred farmers directly working with the group. [25] [26]


Janata Agro and Forestry Limited (JAFL): JAFL specializes in agricultural and forestry products.


MATO: MATO is an agriculture-based FMCG company with more than 20 product categories with 7 outlets in Kathmandu which also sells chemical-free fruits and vegetables. [27] [28]

Under the brand Mato, Golyan Agro supplies organic farm produce at affordable rates in the market. What began as a CSR initiative in Rangpur, Jhapa has grown to become a successful business model of perennial farming encompassing nearly 1,000 farmers from 25 villages. For the collection of farm produce and market management, the Golyan Group has been collaborating with the Women Entrepreneurs’ Association of Nepal (WEAN) in Jhapa.  

Golyan Group has 300 bighas for commercial farming in different locations of Jhapa. Golyan Agro produces paddy and fruits including strawberry, lemon, watermelon, dragon fruit, papaya ,and seasonal vegetables. Similarly, the company also produces the local rice breed ‘Kalanamak’ in 190 bighas in Jhapa and Bardia districts collaborating with the local farmers. [29]

Hospitality and Construction

Hyatt Place, Kathmandu

Hyatt Place Kathmandu is the first hotel under City Hotel Ltd., a hospitality branch of the Golyan Group. It opened in November 2021. [30] [31] [32] Golyan Group aims to operate and construct several other hotels and resorts under its hospitality division. [33] [34] The City Hotel has recently gone public in May 2023. [35]

Awards

  1. South Asian Travel Award (SATA) for Leading F&B Hotel. [36]

Westar Residency, Kathmandu

Westar Residency, partnered with Astra Development Network, is a living apartments located in Balkumari, Lalitpur which provides the luxury services to the people willing to reside. [37] [38] [39]

CSR Campaigns

The Case Challenge

The Case Challenge is a case study competition which is based on the Roots of Nepal. The Case competition has four chapters, agriculture, energy, tourism and manufacturing.The competition offered a winning price of NPR. 1,50,000 and 75,000 for the winners and runner up respectively. [40] [41]

Chapter One Winners:

PositionCollege
First Kathmandu University School of Management
Second Presidential Business School

Related Research Articles

<span class="mw-page-title-main">Pokhara</span> Metropolitan city in Gandaki Province, Nepal

Pokhara is a metropolitan city in central Nepal, which serves as the capital of Gandaki Province. It is the second most populous city of Nepal after Kathmandu, with 599,504 inhabitants living in 120,594 households in 2021. It is the country's largest metropolitan city in terms of area. The city also serves as the headquarters of Kaski District. Pokhara is located 200 kilometres west of the capital, Kathmandu. The city is on the shore of Phewa Lake, and sits at an elevation of approximately 822m. The Annapurna Range, with three out of the ten highest peaks in the world—Dhaulagiri, Annapurna I and Manaslu—is within 15–35 mi (24–56 km) of the valley. The current mayor of Pokhara is Dhana Raj Acharya from CPN.

<span class="mw-page-title-main">Bhadrapur Airport</span> Airport in Province No. 1 of Nepal

Bhadrapur Airport, also known as Chandragadhi Airport, is a domestic airport located in Bhadrapur, primarily serving Jhapa and Ilam districts in Koshi Province, Nepal. The Civil Aviation Authority of Nepal considers it an important hub for passengers entering Nepal from the north eastern states of India, and the passengers from Bhutan and Bangladesh.

Keshav Kumar Budhathoki is a Nepalese politician, belonging to the Nepali Congress. He was the Jhapa District President of Nepali Congress (Democratic). In April 2008, he won the Jhapa-5 seat in the Constituent Assembly election with 16466 votes.

<span class="mw-page-title-main">Hydroelectric power in India</span>

India is 5th globally for installed hydroelectric power capacity. As of 31 March 2020, India's installed utility-scale hydroelectric capacity was 46,000 MW, or 12.3% of its total utility power generation capacity. Additional smaller hydroelectric power units with a total capacity of 4,683 MW have been installed. India's hydroelectric power potential is estimated at 148,700 MW at 60% load factor. In the fiscal year 2019–20, the total hydroelectric power generated in India was 156 TWh with an average capacity factor of 38.71%.

<span class="mw-page-title-main">Renewable energy in Nepal</span> Overview of renewable energy in Nepal

Renewable energy in Nepal is a sector that is rapidly developing in Nepal. While Nepal mainly relies on burning biomass for its energy needs, solar and wind power is being seen as an important supplement to solve its energy crisis. The most common form of renewable energy in Nepal is hydroelectricity.

<span class="mw-page-title-main">Ministry of Energy, Water Resources and Irrigation</span> Head of the Ministry of Energy, Water Resources and Irrigation

The Ministry of Energy, Water Resources and Irrigation is a governmental body of Nepal that governs the development and implementation of energy including its conservation, regulation and utilization. It furthermore develops operates electricity projects including hydropower projects. Due to the importance of water resources in Nepal, the ministry focuses on the development and utilization of hydropower. In 2018, under the Second Oli cabinet, the portfolio of the ministry was enlarged and the portfolios of Water Resources and Irrigation was added to the then Ministry of Energy, while the Ministry of Irrigation was discontinued.

Chilime Hydropower Plant is hydro power plant in Nepal.

<span class="mw-page-title-main">Upper Tamakoshi Hydroelectric Project</span> Dam in Gaurishankar Conservation Area, Dolakha District

The Upper Tamakoshi Hydroelectric Project is a 456 MW peaking run-of-the-river hydroelectric project in Nepal. It is the largest hydroelectric project in Nepal, operating since July 2021. It is sited on the Tamakoshi River, a tributary of the Sapt Koshi river, near the Nepal–Tibet border.

<span class="mw-page-title-main">Energy in Nepal</span>

Nepal is a country enclosed by land, situated between China and India. It has a total area of 147,181 square kilometers and a population of 29.16 million. It has a small economy, with a GDP of $33.66 billion in 2020, amounting to about 1% of South Asia and 0.04% of the World's GDP.

<span class="mw-page-title-main">Koshi Province</span> Province of Nepal

Koshi Province is the autonomous easternmost province adopted on 20 September 2015 by Constitution of Nepal. The province is rich in natural resources, tourist attractions, recreational activities, and natural beauty. The province covers an area of 25,905 km2, about 17.5% of the country's total area. With the industrial city of Biratnagar as its capital, the province covers other major eastern towns including Birtamod, Birat Chowk, Damak, Dharan, Itahari, Triyuga and Mechinagar and includes several mountains including the Everest, Kangchenjunga, and Ama Dablam. Koshi River, the largest river of the nation, is the province's western boundary. Understanding of the first-past-the-post voting system issued by the Constituency Delimitation Commission, Nepal, the province hosts 28 parliamentary seats and 56 provincial assembly seats.

Nuwakot Solar Power Station is located at Nuwakot District of Nepal. It is the largest solar power plant of Nepal. The plant is owned by Nepal Electricity Authority (NEA). The solar panels are installed in six locations within the premises of Devighat Hydropower Station which is also owned by the NEA. Energy generated by the project is connected to the 66 kV sub-station of Devighat Hydropower Station. The solar station generates energy only during the daytime.

Micro hydropower to generate electricity in Nepal started with Pharping plant with an installed capacity of 500 kW in 1911 followed by Sundarijal and Panauti, in 1936 and 1965 respectively. Up to 1980, the focus was laid primarily on large-scale power generation through large hydro and thermal means, the micro-hydro potential remained untapped. In the first four years (1981–1985), the government started subsidising the micro-hydro plants. The number of plants has been increasing thereafter. Most of these plants are off-grid isolated plants serving for local villages. In 2000, Alternative Energy Promotion Centre was formed to look after the micro-hydropower in Nepal. It defined the plants in the range of 10-100 kW as micro hydropower. As of 2018, about 3000 microhydro projects have been installed contributing about 35 MW.

<span class="mw-page-title-main">Butwal Solar PV Project</span> Solar power station in Nepal

Butwal Solar PV Project is located at Rupandehi District of Lumbini Province, Nepal. The plant is owned and run by Ridi Hydropower Development Company Ltd, an IPP. The plant came in operation in October 2020.

Kabeli B1 Hydropower Station is a 25 MW run-of-river hydro-electric plant located in Panchthar District of Nepal. The promoter and operator, with a 20% share, is Arun Kabeli Power Limited (AKPL), a subsidiary of Arun Valley Group.

Rudi A Hydropower Station is a run-of-river hydro-electric plant located in the Kaski District of Nepal that came into operation in 2019. The flow from the Rudi River is used to generate 8.8 MW electricity.

Theule Khola Hydropower Station is a run-of-river hydro-electric plant located in Baglung District of Nepal. The flow from Theule River is used to generate 1.5 MW electricity.

<span class="mw-page-title-main">Umesh Shrestha</span> Nepalese politician

Umesh Shrestha is a Nepalese politician, and business person, currently serving in the Office of the Prime Minister and Council of Ministers in Nepal. He served as the State Minister for Health and Population in Nepal.

References

  1. ↑ "Propagating Nepal's Journey to Self-Reliance: Pawan Golyan". B360 Nepal. 14 September 2020. Retrieved 12 April 2023.
  2. ↑ "GEFONT Publication". GEFONT. Retrieved 12 April 2023.
  3. ↑ "Annual List of 100 People to Watch". B360 Nepal. 8 March 2021. Retrieved 12 April 2023.
  4. ↑ "Golyan's vision: Strengthening Nepal's economic and social foundation to ensure justifiable future". Khabarhub. Retrieved 8 June 2023.
  5. ↑ "Our Locations – Golyan Group" . Retrieved 8 June 2023.
  6. ↑ "The Board – Golyan Group". Golyan Group. Retrieved 12 April 2023.
  7. ↑ "Survey License:: Hydro (More than 1MW)". 3 March 2023. Retrieved 12 April 2023.
  8. ↑ "Golyan Group's joint venture agreement between Apollo Energy, China Energy & Gezhouba Group". Makalu Khabar. 24 March 2022.
  9. ↑ "Golyan Group signs contract with Tractebel Engineering GmbH to build hydro project". en.nepalkhabar.com. 10 June 2020. Retrieved 8 June 2023.
  10. ↑ "New hydropower projects bring Nepal closer to 100% electrification target". tractebel-engie.com. 22 May 2023. Retrieved 8 June 2023.
  11. ↑ "Testing of electricity generated from solar begins in Banke". GorakhaPatra. Retrieved 8 June 2023.
  12. ↑ Himalayan News Service (25 January 2022). "Pure Energy signs PPA for 20 MW solar project with NEA". The Himalayan Times. Retrieved 12 April 2023.
  13. ↑ "New hydropower projects bring Nepal closer to 100% electrification target". tractebel-engie.com. 22 May 2023. Retrieved 23 May 2023.
  14. ↑ Dhakal, Modhnath. "Reliance Spinning To Expand Production Facility". The Rising Nepal Daily.
  15. ↑ textilemagazine (2 November 2023). "LMW and Reliance Spinning Mills Ltd., Nepal – The Partnership Continues …". The Textile Magazine. Retrieved 16 November 2023.
  16. ↑ Global IME Capital Limited (26 June 2022). "Valuation of Reliance Spinning Mills Ltd. for Qualified Institutional Investors" (PDF).
  17. ↑ "the HRM Nepal Awards for Corporate Excellence 2022 & the HRM Nepal Awards for Distinguished Services 2022 – The HRM Nepal". 17 September 2021. Retrieved 29 October 2023.
  18. ↑ "14th edition of HR Meet concludes". b360nepal.com. Retrieved 29 October 2023.
  19. ↑ Golyan, Shakti (28 March 2022). "With Tricot, our customers get what they want when they want and in the quality they want: Shakti Golyan, Managing Director at Tricot Cashmere". Nepal Live Today. Retrieved 12 April 2023.
  20. ↑ "Wosa-lena". trademarks.justia.com. Retrieved 8 June 2023.
  21. ↑ "'Scottish Border': High quality pashmina produced in Biratnagar exported to Europe (Video)". English.MakaluKhabar.com. Retrieved 8 June 2023.
  22. ↑ "Rationale – Shivam Plastic Industries Pvt Ltd" (PDF). ICRA Nepal. Retrieved 12 April 2023.
  23. ↑ "Shivam Plastic Industries Pvt. Ltd" . Retrieved 12 April 2023.
  24. ↑ "Golyan Group diversifies investment to agriculture sector". The Himalayan Times. 22 January 2019. Retrieved 12 April 2023.
  25. ↑ "Golyan Group to invest Rs 1.5 billion in agriculture". myrepublica.nagariknetwork.com. Retrieved 13 April 2023.
  26. ↑ "Concerns raised about foreign investment in agriculture, but it is needed, stakeholders say". kathmandupost.com. Retrieved 13 April 2023.
  27. ↑ "Pawan Golyan: Transforming Nepal's agriculture". The Annapurna Express. Retrieved 8 June 2023.
  28. ↑ Times, The Himalayan (16 August 2019). "MATO aims to promote organic vegetables". The Himalayan Times. Retrieved 8 June 2023.
  29. ↑ "Nepal's Agribusiness Transformation". www.newbusinessage.com. Retrieved 8 June 2023.
  30. ↑ "Hyatt Place Kathmandu". Hyatt.com. Retrieved 12 April 2023.
  31. ↑ "Hyatt Place Kathmandu opens for guests". Hotel News Resource. Retrieved 12 April 2023.
  32. ↑ "Hyatt Place Kathmandu opens for guests". BW Hotelier. Retrieved 12 April 2023.
  33. ↑ "City, Rank ink lease". The Himalayan Times. 13 May 2022. Retrieved 12 April 2023.
  34. ↑ "City Hotel Limited (CHL) IPO allotment to be made soon". Investopaper. Retrieved 12 April 2023.
  35. ↑ "City Hotel IPO Allotment Concludes: Lucky 1,35,594 Applicants Gets 10 Units Each". sharesansar.com. 15 December 2016. Retrieved 8 June 2023.
  36. ↑ travelmin (11 October 2023). "South Asian Travel Awards 2023 Concludes Successfully - Travelution Media" . Retrieved 29 October 2023.
  37. ↑ "Westar towers strike terror". kathmandupost.com. Retrieved 29 October 2023.
  38. ↑ "Westar Residency – Boss Nepal" . Retrieved 29 October 2023.
  39. ↑ "Falling for flats - Nepali Times". archive.nepalitimes.com. Retrieved 29 October 2023.
  40. ↑ "'The Case Challenge' begins from Saturday by Golyan Group". English.MakaluKhabar.com. Retrieved 1 November 2023.
  41. ↑ Times, Nepali (24 August 2023). "The Case Challenge". nepalitimes.com. Retrieved 1 November 2023.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.