Greenzo Energy—a leading provider of renewable energy solutions in India—has announced winning a substantial Rs 500 crore order to establish a 120 MW solar plant in Nepal. With this project, the company’s current order book has reached Rs 1,900 crore.
Solar Plant to Boost Grid Stability and Energy Access
The solar plant is set to be developed in phases and completed by 2025. It will feature a fully ground-mounted infrastructure, along with an advanced high-tension transmission line connecting directly to the Nepal Electricity Authority (NEA) grid. Excess power generated by the installation will be fed back into the national grid, enhancing grid stability and supporting expanded energy access through an optimized, sustainable energy flow.
"This EPC (engineering, procurement and construction) project is part of the commitment to strengthening clean energy infrastructure in South Asia and plays a key role in advancing Nepal's renewable energy ambitions," the company said.
"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. Through this undertaking, we aim to empower innovation and progress through our green energy solutions, support Nepal's environmental goals and place India on the world map as a leader in the renewable energy segment." said Sandeep Agarwal, Managing Director of Greenzo Energy India Ltd.
Solar Project to Create 500 Jobs and Drive Regional Collaboration
Greenzo has collaborated with Nepalese authorities and the project developer for over two years to bring this project to fruition. Expected to create over 500 local jobs, the project will be overseen by Greenzo Energy's Executive Director, Kushal Agarwal. The company will handle the entire execution process, covering engineering, procurement and on-site installations.
“This project is not only a business milestone, but a shared vision for a greener South Asia. Our long-standing collaboration with Nepalese stakeholders will allow us to provide lasting, community-driven benefits, further cementing Greenzo’s role as a global leader in clean energy.” said Kushal Agarwal, Executive Director of Greenzo.
Greenzo Energy: Leading in Zero-Emission Renewable Solutions
Greenzo Energy develops, owns and operates renewable and green hydrogen infrastructure to provide zero-emission energy solutions. The company has indigenously developed modular alkaline electrolyzers and boasts a diverse portfolio, including solar, wind, ammonia and hydrogen projects. Greenzo has completed over 2 GW of solar EPC and consultancy projects across India and internationally.
This new solar project marks an important milestone in Greenzo’s broader vision of creating a sustainable and resilient energy future that supports global communities, economies and ecosystems.