Pure Energy Limited, the solar power subsidiary of Golyan Group, has demonstrated the robust potential of Nepal’s renewable energy market, reporting a staggering 71% increase in net profit for the first quarter of the fiscal year 2025/26. The company’s earnings climbed to Rs 9.05 million, a significant leap from the Rs 5.2 million recorded during the same period in the previous year, signaling strong financial health and operational success.
This remarkable financial performance is directly fueled by the company’s two 10-megawatt solar projects located in the Banke district. These facilities generated Rs 65.5 million in revenue through electricity sales under a power purchase agreement with the Nepal Electricity Authority. Following a successful initial public offering (IPO) in 2024 that raised its paid-up capital to Rs 800 million, Pure Energy’s financial metrics have shown impressive growth. Earnings per share (EPS) have increased from Rs 3.29 to Rs 4.50, and the net worth per share now stands at Rs 101.61, proving that well-executed solar projects in Nepal can deliver substantial returns.
The success of Pure Energy serves as a powerful benchmark for Nepal’s entire energy sector. As the nation works to overcome historical energy deficits and power instability, such profitable ventures by private investors are critical. By feeding clean, reliable power into the national grid, these solar plants contribute directly to economic stability for both businesses and residents. This achievement validates the government’s strategy to encourage private investment in renewables and builds confidence in solar power as a commercially viable and environmentally sound solution for the country. This progress is complemented by Nepal’s recent launch of its first project eligible for International Renewable Energy Certificates (I-RECs), a key step in developing its domestic Nepal solar panel manufacturing industry.
Looking ahead, Golyan Group is poised to build on this momentum with ambitious expansion plans. The company intends to develop new solar plants across Nepal, with potential sites already identified for their high solar irradiance and strategic proximity to the national grid. Alongside capacity growth, Pure Energy is dedicating resources to research and development, aiming to enhance operational efficiency through technological innovation. This focus requires a deep understanding of the entire value chain, from the basics of manufacturing and the specific raw materials used, to mastering the complete solar panel manufacturing process.
This forward-thinking strategy aligns with Nepal’s national policy to increase the share of renewable sources in its energy portfolio. The success of companies like Pure Energy is essential for meeting these goals and demonstrates Nepal’s growing role in the clean energy transition, a trend analyzed in the Global Solar Report. For those inspired to enter this burgeoning industry, you can learn what it takes by exploring our free e-course on solar panel manufacturing.
Decoding Nepal solar energy: Impressive Profit Surge for Pure Energy
- Nepal News Evening Economic Brief – November 12, 2025
- Beyond Adani and Reliance: Meet the 2 solar ‘pure-plays …
- Pure Energy Limited IPO Review: Nepal’s Solar Bet Worth …
- Pure Energy posts Rs 9 mln net profit in Q1, Solar power …
- News – Energy Nepal – Power Kathmandu
