An agreement has been signed between the Indian company Prozil Green Energy and Golyan Power Limited, which works in the engineering, procurement and construction (EPC) model in the solar energy sector, to work in the renewable energy sector in Nepal. At the Prozil Green Energy Summit held in Kathmandu, an agreement was reached between the two companies to advance the work through a joint venture.

According to the joint venture agreement  Prozil Green Energy will lead as a development company in the engineering, procurement and construction (EPC) model in the renewable energy sector. Besides, Golya Na Power will carry out business development, land acquisition and financial management, according to a press release issued by Prozil Green Energy Nepal. The

partnership reflects our commitment to renewable energy and sustainability in Nepal, said Praveen Aryal, Director of Prozil Green Energy Nepal on behalf of Golyan Power. "By collaborating with Prozil Green Energy, we have taken a decisive step towards meeting Nepal's growing energy demand and facilitating economic growth," he said.

Prozil Green Energy Nepal said it will develop rooftop solar and ground-mounted photovoltaic solar plants in an effort to accelerate the use of solar energy in Nepal and contribute significantly to the nation's renewable energy potential. In the

program  Electricity Regulatory Commission Chairman Ram Prasad Dhital said that the government is bringing various policies to advance renewable energy projects. He said that as a regulatory body, the Electricity Regulatory Commission is also working on new policies and is always ready to further advance this sector. The government is always ready to support the renewable energy sector as well as the private sector. We believe that you will continue to increase investment,' he said.

Ganesh Karki, Chairman of Independent Power Producers Association (IPAN), said that he was very excited when the news came that Golya Na Group will produce 500 MW of electricity. "If we want to and the government opens the way, we can produce 1000 megawatts of energy next year," he said. If this happens, the country will not have to buy electricity from next year or will have to buy only minimal electricity.

Even though the tender for 800 megawatts has been awarded, he complained that he does not know where it is. Saying that many problems have been created due to litigation, he said that he suggested the government and the minister to remove such problems and move forward with a clear vision. 

Sandeep Shah, president of the Solar Energy Producers' Association (SOPAN), said that the role of solar energy in the development of energy will be significant. He also said that some areas of Nepal are very suitable for solar energy production. He said that by providing easy access to the transmission line, solar energy can be produced from Mustang and other places.

Prozil Green Energy Nepal has stated that it aims to install more than 500 MW of solar energy projects in various locations of Nepal in the next 24 months. 'which  Making the country a leader in clean energy and will be an important step in the transformative era in Nepal's renewable energy sector,' said the press release issued by Prozil Green Energy Nepal.