Kathmandu : Nepal Infrastructures Investment Fund (NIIF), a permanent capital fund managed by Global Equity Fund Limited (GEF), has made a strategic investment in Gham Urja Sewa, which is the subsidiary of Gham Power Nepal, a leading provider of solar energy solutions in Nepal. This investment underscores NIIF’s commitment to advancing Nepal’s renewable energy sector and promoting sustainable infrastructure development.
Gham Urja Sewa which is the subsidiary company of Gham Power Nepal, has established itself as a premier solar energy solutions provider, with extensive expertise in deploying solar photovoltaic (PV) systems across residential, commercial, and industrial sectors. The company has successfully deployed roof top offgrid solar projects for esteemed organizations, including Soaltee Hotel, Saras Beverages, Gorkha Brewery, and an ongoing installation for Arihant Infrastructures.
With a robust business model anchored in well-structured Power Purchase Agreements (PPAs), Gham Urja Sewa ensures long-term revenue stability through consistent cash flows and government-backed incentives. As of FY 2080–81, the company had a total installed capacity of 5.707 MW, which has expanded to 7.76 MW by Q2 of FY 2081–82. Looking ahead, Gham Urja Sewa aims to further strengthen its market presence by investing in capital expenditures to expand its capacity by an additional 10.27 MW.
This ambitious growth trajectory positions Gham Urja Sewa as a key player in Nepal’s renewable energy market. The company’s risk mitigation strategies provide resilience against market fluctuations and regulatory shifts while fostering synergies with the increasing demand for clean energy solutions.
The strategic investment partnership between NIIF and Gham Urja Sewa aligns with Nepal’s transition toward clean energy and supports broader economic growth and environmental sustainability. By balancing financial viability with sustainable development objectives, this collaboration reinforces NIIF’s commitment to fostering a greener and more resilient energy landscape in Nepal.
Dr. Manish Thapa, Managing Director of Global Equity Fund express his view that this investment of Global Equity Fund in Gham Urja to expand off-grid rooftop solar project contributes to generate clean electricity, reduce reliance on the grid, and contribute to a more sustainable future.
While Nepal has significant hydropower potential, its current energy production struggles to meet the demands of its industries, leading to reliance on diesel generators and frequent power outages. This increases their carbon footprint and operating costs, which has a negative impact on both the environment and the economy. Anjal Niraula, CEO of Gham Power Nepal, said that with this investment from Global Equity Fund in Gham Urja, we can help Nepali industries solve their problems by switching to greener options for electricity and adopting sustainable practices for a secure future.
