Greenzo Energy secures a significant ₹500 crore EPC project in Nepal, poised to bolster clean energy infrastructure across South Asia. This ambitious project, featuring 12 solar clusters, will significantly advance Nepal’s renewable energy goals and generate hundreds of job opportunities.
Greenzo Energy is set to make a substantial impact on South Asia's renewable energy landscape with its newly secured 120 MW ground-mounted solar project in Nepal. Valued at ₹500 crore, this EPC (Engineering, Procurement, and Construction) project marks a pivotal step in strengthening clean energy infrastructure and supporting Nepal’s ambitious renewable energy targets.
The project, which is scheduled for phased completion by 2025, will be strategically structured across 12 clusters, each boasting a 10 MW solar installation. These ground-mounted facilities will be complemented by an advanced high-tension transmission line, directly connecting to the Nepal Electricity Authority (NEA) grid. This setup ensures that surplus power is efficiently evacuated back to the national grid, enhancing grid stability and expanding energy access for communities throughout the region.
As the EPC provider, Greenzo Energy will leverage its extensive expertise in large-scale solar projects to ensure the successful execution of this cross-border initiative. Sandeep Agarwal, Managing Director of Greenzo Energy India, expressed confidence in the project, stating, "With the Letter of Credit secured and work underway on site, we’re fully committed to delivering each phase of the project with precision and transparency. We’re confident that this project will set a benchmark for solar projects while creating long-term economic and environmental value for all involved stakeholders."
Greenzo Energy has dedicated over two years to collaborating closely with Nepalese authorities and the project developer to bring this vision to fruition. Led by Greenzo Energy Executive Director Kushal Agarwal, the company will oversee the entire project lifecycle, from engineering and procurement to on-the-ground installations. The development is also expected to generate over 500 job opportunities in the region, contributing to local economic growth.
This project not only reinforces Greenzo Energy’s position as a key player in the renewable energy sector but also highlights its commitment to sustainable development and international collaboration. By advancing clean energy solutions, Greenzo Energy is paving the way for a brighter, more sustainable future for South Asia.
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