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Golyan Group
Founded1960
FounderSohan Lal Golyan
TypePrivate
HeadquartersKathmandu, Nepal
ProductsManufacturing, Agriculture, Banking & Insurance, Renewable Energy, Construction and Hospitality.
Key people
Pawan Golyan (Chairman)
Employees
5000+
Websitegolyangroup.com

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

The Golyan Group has a presence in different locations within Nepal, with its headquarters located in Kathmandu. Some of their domestic locations include Itahari, Khanar, Tankisinuwari, Biratnagar, Jhapa, Nepalgunj, Sankhuwasabha Mugu, etc. Furthermore, their products are sold globally in countries like Canada, the United States, the United Kingdom, Germany, Italy, Turkey, Yemen, Kenya, India, Bangladesh, and Singapore. [4] [5]

Board

The Golyan Group is a family-owned business, and its board members include Pawan Kumar Golyan (Chairman), Basu Dev Golyan (Vice-chairman), Director Shakti Golyan, Director Anant Golyan, and Director Akshay Golyan.[6]

Business

Energy

The group holds a survey license for 900 MW of combined hydropower and solar power projects and aims to reach this target by 2030.[7] They are working on 14 projects, including the Namlan Khola Hydropower Project (135 MW) and the Upper Mugu Karnali Hydropower Project (306 MW).[8] These projects have recently received technical assistance grants from the U.S. International Development Finance Corporation. [9]

Additionally, they have developed a 20 MW (10 MW + 10 MW) Solar Power plant in Nepalgunj through Pure Energy Pvt. Ltd., with Pure Energy II commencing commercial operation on May 1st, 2023. [10] [11]

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 Hydropower Project (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) [12]

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. (RSML)

The Golyan Group has its footprints in the textile industry through Reliance Spinning Mills Ltd., which is one of the largest spinning mills in Nepal. The company has two factories located in Khanar and Duhabi, Sunsari. RSML manufactures polyester, viscose, and acrylic yarns in various blends and has a production capacity of 120 MT/day.[13]

Tricot Industry

Tricot Industry, another enterprise under the group, produces cashmere knitwear and exports it globally. It is certified for social compliance by SEDEX in the cashmere/pashmina industry in Nepal. [14][15]

Shivam Plastic Industry

Shivam Plastic Industry, a manufacturing unit of the Golyan Group, specializes in the production of polypropylene woven fabric and HDPE woven tarpaulin fabric. Its products are sold in both domestic and international markets, with an annual production capacity of 10,000 metric tons.[16][17]

Agriculture

In the agriculture sector, the Golyan Group has invested in Golyan Agro, which has established its brand, "Mato," for agricultural goods and FMCG products. They collect and produce from their farms and other farmers, and the products are sold in the market. Golyan Agro collaborates with the Women Entrepreneurs' Association of Nepal (WEAN) for the collection and management of farm produce. Golyan Agro also engages in commercial farming and produces various crops, including rice, fruits, and seasonal vegetables.[18][19][20]

Mato Nepal (MATO)

Under the brand "Mato," the Golyan Group operates an agriculture-based FMCG company, selling chemical-free fruits, vegetables, and other products. Mato has outlets in Kathmandu and has also collaborated with the Women Entrepreneurs' Association of Nepal (WEAN) as part of the CSR.[21] [22]

[23]

Hospitality and Construction

Hyatt Place, Kathmandu

The Golyan Group's hospitality business, City Hotel Ltd., operates Hyatt Place Kathmandu, which opened in November 2021. The group plans to construct and operate several other hotels and resorts.[24][25][26] [27][28]

Recently, City Hotel went public in May 2023. [29]

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. ^ "New hydropower projects bring Nepal closer to 100% electrification target". tractebel-engie.com. 22 May 2023. Retrieved 8 June 2023.
  10. ^ "Testing of electricity generated from solar begins in Banke". GorakhaPatra. Retrieved 8 June 2023.
  11. ^ Himalayan News Service (25 January 2022). "Pure Energy signs PPA for 20 MW solar project with NEA". The Himalayan Times. Retrieved 12 April 2023.
  12. ^ "New hydropower projects bring Nepal closer to 100% electrification target". tractebel-engie.com. 22 May 2023. Retrieved 23 May 2023.
  13. ^ Global IME Capital Limited (26 June 2022). "Valuation of Reliance Spinning Mills Ltd. for Qualified Institutional Investors" (PDF).
  14. ^ 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.
  15. ^ "'Scottish Border': High quality pashmina produced in Biratnagar exported to Europe (Video)". English.MakaluKhabar.com. Retrieved 8 June 2023.
  16. ^ "Rationale – Shivam Plastic Industries Pvt Ltd" (PDF). ICRA Nepal. Retrieved 12 April 2023.
  17. ^ "Shivam Plastic Industries Pvt. Ltd". Retrieved 12 April 2023.
  18. ^ "Golyan Group diversifies investment to agriculture sector". The Himalayan Times. 22 January 2019. Retrieved 12 April 2023.
  19. ^ "Golyan Group to invest Rs 1.5 billion in agriculture". myrepublica.nagariknetwork.com. Retrieved 13 April 2023.
  20. ^ "Concerns raised about foreign investment in agriculture, but it is needed, stakeholders say". kathmandupost.com. Retrieved 13 April 2023.
  21. ^ "Pawan Golyan: Transforming Nepal's agriculture". The Annapurna Express. Retrieved 8 June 2023.
  22. ^ Times, The Himalayan (16 August 2019). "MATO aims to promote organic vegetables". The Himalayan Times. Retrieved 8 June 2023.
  23. ^ "Nepal's Agribusiness Transformation". www.newbusinessage.com. Retrieved 8 June 2023.
  24. ^ "Hyatt Place Kathmandu". Hyatt.com. Retrieved 12 April 2023.
  25. ^ "Hyatt Place Kathmandu opens for guests". Hotel News Resource. Retrieved 12 April 2023.
  26. ^ "Hyatt Place Kathmandu opens for guests". BW Hotelier. Retrieved 12 April 2023.
  27. ^ "City, Rank ink lease". The Himalayan Times. 13 May 2022. Retrieved 12 April 2023.
  28. ^ "City Hotel Limited (CHL) IPO allotment to be made soon". Investopaper. Retrieved 12 April 2023.
  29. ^ "City Hotel IPO Allotment Concludes: Lucky 1,35,594 Applicants Gets 10 Units Each". sharesansar.com. 15 December 2016. Retrieved 8 June 2023.
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