Golyan Group

Golyan Group
Founded1960
FounderSohan Lal Golyan
TypePrivate
HeadquartersKathmandu, Nepal
ProductsManufacturing, Agriculture, Banking & Insurance, Renewable Energy, Construction and Hospitality.
Key people
Pawan Golyan (Chairman)
Revenue
USD 400 Million (2022)
Employees
6000+
Websitegolyan.com

Golyan Group is a Nepalese corporate business enterprise with investments in various businesses such as manufacturing, agriculture, tourism, real estate, financial services, and renewable energy.[1][2][3]

Golyan Group's businesses are spread over multiple domestic locations with its headquarters in Kathmandu, 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

[edit]

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

Position Personnel
Chairman Pawan Golyan [7]
Vice Chairman Basu Dev Golyan [8]
Managing Director Akshay Golyan [9] [10]
Director Shakti Golyan
Director Anant Golyan

Business

[edit]

Energy

[edit]

Golyan Group holds survey licenses for 900 MW of combined hydro and solar power. 14 projects are at different stages with a forecast of generating 900 MW of electricity by 2030.[11] The projects include Elevate Energy Pvt. Ltd and Apollo Energy Pvt. Ltd consisting of the 135 MW Namlan Khola Hydropower Project and 306 MW Upper Mugu Karnali Hydropower Project.[12] Both of these projects recently received a technical assistance grant from the U.S. International Development Finance Corporation. [13] [14]

In addition, Pure Energy Pvt. Ltd has developed and commissioned 20 MW (10 MW + 10 MW) solar power plant in Nepalgunj (Banke), making it the largest solar power plant operated by a private enterprise. [15] [16]

In a significant step towards expanding renewable energy in Nepal, Golyan Power recently entered into a joint venture agreement with Prozeal Green Energy to collaborate on solar power projects across the country, further cementing its commitment to sustainable energy solutions.[17]

List of hydropower projects

[edit]
  • 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) [18]

List of Solar power projects

[edit]
  • Pure Energy Part 1 and 2: Grid Connected Solar Project Banke (20 MW) [19]
  • Positive Energy Part 1 and 2: Grid Connected Solar Project Kapilvastu (20 MW)

Manufacturing

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Reliance Spinning Mills Ltd.

[edit]

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. [20] [21]

Relinace Spinning Mills Ltd. is a market leader of Nepal in yarn exports.[22] 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. [23]

RSML engages in manufacturing Polyester, Viscose, and Acrylic, and their various blends in grey, dyed, melange yarn & DTV yarns. RSML's installed capacity of 79,824 ring spindles & 960 vortex spindles (Equivalent to 19,200 ring spindles) makes the factory capable of producing 40,680 tons of yarn annually. The company also completed the expansion of 1,440 vortex spindles (Equivalent to 28.800 ring spindles) and an open end plant & additional TFO twisters for making the factory capable of producing an additional 8,280 tons annually. After this recent commissioning of two new production lines in June 2023, the Company's installed capacity brings the total production to 120MT/day.[24]

Awards:

  1. Excellence Award in Value-added Export category 2022 [25]
  2. Excellence in Industrial Relations Award 2022 [26]
  3. Top Employment Provider 2020 by Nepal Foreign Trade Association

Tricot Industry

[edit]

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. [27]

Tricot Industries owns the following brands

  1. WOSA LENA [28]
  2. Scottish Borders [29]

Awards: Tricot has been awarded with "Export Excellence Award" for knitwear export.[30]

Shivam Plastic Industry

[edit]

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 manufacturer of polypropylene woven fabric and HDPE woven tarpaulin fabric. Its 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.[31]

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).[32]

Agriculture

[edit]

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".[33]

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.[34][35]

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. [36] [37]

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. [38]

Janata Agro and Forestry Limited (JAFL): Janata Agro and Forestry Ltd. specializes in agricultural and forestry products. Recently, the company signed an agreement with BizMatch Solutions, based in Bangkok, Thailand. This collaboration aims to promote and expand the market reach of products produced in Nepal, enhancing their visibility on an international scale. [39][40]

Hospitality and Construction

[edit]

Hyatt Place, Kathmandu

[edit]

Hyatt Place Kathmandu is the first hotel under City Hotel Ltd., a hospitality entity of the Golyan Group. It opened in November 2021.[41][42][43] Golyan Group aims to operate and construct several other hotels and resorts under its hospitality vertical.[44][45] City Hotel Ltd. has recently gone public in May 2023. [46]

Awards

  1. South Asian Travel Award (SATA) for Leading F&B Hotel 2023. [47]
  2. South Asian Travel Award (SATA) for Leading F&B Hotel/Resort and Leading City Hotel 2024. [48]

Westar Residency, Kathmandu

[edit]

Westar Residency is a residential apartment complex located in Balkumari, Lalitpur consisting of 4 towers with a total of 212 apartments. [49] [50] [51]

CSR Campaigns

[edit]

The Case Challenge

[edit]

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. [52][53]

Chapter One Winners:

Position College
First Kathmandu University School of Management
Second Presidential Business School

References

[edit]
  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. ^ RSS. "25 entrepreneurs honoured with 'CIP Award'". My Republica. Retrieved 20 November 2023.
  8. ^ "Rotary International District 3292". rotarydistrict3292.org.np. Retrieved 15 October 2024.
  9. ^ gc, jyoti (4 March 2024). "'कर्पोरेट बिजनेश अवार्ड, २०८०' सम्पन्न, विभिन्न उद्योगी–व्यवसायीलाई गरियो सम्मान (सूचीसहित)". corporatekhabar : Nepals first corporate news magazine and portal. Retrieved 5 March 2024.
  10. ^ Ranjit, Arun; Desk, FA News (11 February 2020). "Government honors 25 entrepreneurs with 'CIP Award'". The Foreign Affairs News. Retrieved 8 December 2023. {{cite web}}: |last2= has generic name (help)
  11. ^ "Survey License:: Hydro (More than 1MW)". 3 March 2023. Retrieved 12 April 2023.
  12. ^ "Golyan Group's joint venture agreement between Apollo Energy, China Energy & Gezhouba Group". Makalu Khabar. 24 March 2022.
  13. ^ "Golyan Group signs contract with Tractebel Engineering GmbH to build hydro project". en.nepalkhabar.com. 10 June 2020. Retrieved 8 June 2023.
  14. ^ "New hydropower projects bring Nepal closer to 100% electrification target". tractebel-engie.com. 22 May 2023. Retrieved 8 June 2023.
  15. ^ "Testing of electricity generated from solar begins in Banke". GorakhaPatra. Retrieved 8 June 2023.
  16. ^ Himalayan News Service (25 January 2022). "Pure Energy signs PPA for 20 MW solar project with NEA". The Himalayan Times. Retrieved 12 April 2023.
  17. ^ "Prozeal Green Energy, Golyan Power sign JV pact for solar projects in Nepal". The Economic Times. 6 September 2024. ISSN 0013-0389. Retrieved 15 October 2024.
  18. ^ "New hydropower projects bring Nepal closer to 100% electrification target". tractebel-engie.com. 22 May 2023. Retrieved 23 May 2023.
  19. ^ "पियोर इनर्जीले बाँकेमा निर्माण गरेको सौर्य विद्युत परीक्षण सम्पन्न". Online Khabar. Retrieved 27 December 2023.
  20. ^ Dhakal, Modhnath. "Reliance Spinning To Expand Production Facility". The Rising Nepal Daily.
  21. ^ textilemagazine (2 November 2023). "LMW and Reliance Spinning Mills Ltd., Nepal – The Partnership Continues …". The Textile Magazine. Retrieved 16 November 2023.
  22. ^ "मेड इन नेपाल: Reliance is a leader in yarn exports, employing 3500 people". ekantipur.com. Retrieved 21 October 2024.
  23. ^ textilemagazine (2 November 2023). "LMW and Reliance Spinning Mills Ltd., Nepal – The Partnership Continues …". The Textile Magazine. Retrieved 27 December 2023.
  24. ^ Global IME Capital Limited (26 June 2022). "Valuation of Reliance Spinning Mills Ltd. for Qualified Institutional Investors" (PDF).
  25. ^ "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.
  26. ^ "14th edition of HR Meet concludes". b360nepal.com. Retrieved 29 October 2023.
  27. ^ 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.
  28. ^ "Wosa-lena". trademarks.justia.com. Retrieved 8 June 2023.
  29. ^ "'Scottish Border': High quality pashmina produced in Biratnagar exported to Europe (Video)". English.MakaluKhabar.com. Retrieved 8 June 2023.
  30. ^ "'Export Excellence Award' to Tricot". ekantipur.com. Retrieved 21 October 2024.
  31. ^ "Rationale – Shivam Plastic Industries Pvt Ltd" (PDF). ICRA Nepal. Retrieved 12 April 2023.
  32. ^ "Shivam Plastic Industries Pvt. Ltd". Retrieved 12 April 2023.
  33. ^ "Golyan Group diversifies investment to agriculture sector". The Himalayan Times. 22 January 2019. Retrieved 12 April 2023.
  34. ^ "Golyan Group to invest Rs 1.5 billion in agriculture". myrepublica.nagariknetwork.com. Retrieved 13 April 2023.
  35. ^ "Concerns raised about foreign investment in agriculture, but it is needed, stakeholders say". kathmandupost.com. Retrieved 13 April 2023.
  36. ^ "Pawan Golyan: Transforming Nepal's agriculture". The Annapurna Express. Retrieved 8 June 2023.
  37. ^ Times, The Himalayan (16 August 2019). "MATO aims to promote organic vegetables". The Himalayan Times. Retrieved 8 June 2023.
  38. ^ "Nepal's Agribusiness Transformation". www.newbusinessage.com. Retrieved 8 June 2023.
  39. ^ "Nepalese products now in the Thai market". ekantipur.com. Retrieved 15 October 2024.
  40. ^ "गोल्यानको नेतृत्वमा ५ अर्बको कृषि कम्पनी 'जाफल' सञ्चालनमा आउँदै, सर्वसाधारणलाई आईपीओ निष्कासन गर्ने". Bizkhabar Online. 9 August 2023. Retrieved 21 October 2024.
  41. ^ "Hyatt Place Kathmandu". Hyatt.com. Retrieved 12 April 2023.
  42. ^ "Hyatt Place Kathmandu opens for guests". Hotel News Resource. Retrieved 12 April 2023.
  43. ^ "Hyatt Place Kathmandu opens for guests". BW Hotelier. Retrieved 12 April 2023.
  44. ^ "City, Rank ink lease". The Himalayan Times. 13 May 2022. Retrieved 12 April 2023.
  45. ^ "City Hotel Limited (CHL) IPO allotment to be made soon". Investopaper. Retrieved 12 April 2023.
  46. ^ "City Hotel IPO Allotment Concludes: Lucky 1,35,594 Applicants Gets 10 Units Each". sharesansar.com. 15 December 2016. Retrieved 8 June 2023.
  47. ^ travelmin (11 October 2023). "South Asian Travel Awards 2023 Concludes Successfully - Travelution Media". Retrieved 29 October 2023.
  48. ^ "SATA 2024 Successfully Concluded in Kathmandu, Nepal | South Asian Travel Awards". www.southasiantravelawards.com. Retrieved 1 October 2024.
  49. ^ "Westar towers strike terror". kathmandupost.com. Retrieved 29 October 2023.
  50. ^ "Westar Residency – Boss Nepal". Retrieved 29 October 2023.
  51. ^ "Falling for flats - Nepali Times". archive.nepalitimes.com. Retrieved 29 October 2023.
  52. ^ "'The Case Challenge' begins from Saturday by Golyan Group". English.MakaluKhabar.com. Retrieved 1 November 2023.
  53. ^ Times, Nepali (24 August 2023). "The Case Challenge". nepalitimes.com. Retrieved 1 November 2023.
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